Maybank names Shafiq Abdul Jabbar as new group chief financial officer
He takes over from Khalijah Ismail, who was dismissed by the bank earlier this year following an internal inquiry
[MALAYSIA] Maybank has appointed Shafiq Abdul Jabbar as its new group chief financial officer, with effect from Jul 7.
He takes over the role from Khalijah Ismail, who was dismissed by the bank earlier this year following an internal inquiry.
Shafiq will play a key role in partnering the president and group chief executive officer (PGCEO) to drive value creation and strategic decision-making, said Maybank in a statement on Wednesday (Apr 30).
Shafiq will also lead transformation within the group’s finance department towards a more “forward-looking set of capabilities”, leveraging technology and data, it said.
Prior to joining Maybank, he was group chief financial officer at AmBank, where he helped to drive the group’s financial performance through “balance sheet management, improved revenue growth and strategic cost optimisation”.
Before that, in 2017, he joined satellite television company Astro Malaysia as its group chief financial officer, overseeing strategy, finance, group data and media sales.
Maybank’s PGCEO Khairussaleh Ramli believes that Shafiq’s strong financial leadership and over 25 years of experience across various industries will be key in supporting the bank’s strategy for sustainable growth and value creation.
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