Export-Import Bank of Malaysia Berhad has finally appointed a Chief Executive Officer after months of speculation and was amazingly operating without one since 2021.
The bank which is under the Ministry of International Trade and Industries announced that it has appointed Arshad Mohamed Ismail as the new President and Chief Executive Officer of the Bank effective 1 August 2022. Commenting on the appointment Dato’ Azman Mahmud, Chairman of EXIM Bank said, “Arshad brings with him a wealth of multijurisdictional banking and finance experience, especially in the areas of corporate banking, debt capital markets, Islamic finance, asset management, and development finance, which will put him in great stead in driving the business and effecting change that the organisation needs,”.
His most recent appointment was President / Group Chief Executive Officer of Bank Pembangunan Malaysia Berhad (BPMB). Prior to BPMB, Arshad’s appointments include various leadership and management roles at Maybank Islamic Bhd, International Islamic Liquidity Management Corporation (IILM), Abu Dhabi’s Al Hilal Bank, Saudi Arabia’s Aayan Capital, HSBC Amanah in the United Arab Emirates, as well as being one of the pioneer members of CIMB Islamic.
Arshad holds a Bachelor of Law degree from the International Islamic University Malaysia and a Master of Business Administration from the London Business School, United Kingdom. He is a certified Chartered Banker with the Asian Institute of Chartered Bankers and was elected to the SC-OCIS Fellowship in Islamic Finance at the Oxford Centre for Islamic Studies in 2015.
The bank in a statement said it is looking forward to working with Arshad in his new capacity and is confident in Arshad’s leadership, passion, and commitment to steer it to greater heights and further enhance its role as a leading Development Financial Institution for cross-border financing and insurance for the country.
