Standard Chartered Malaysia announced the appointment of Mak Joon Nien as Managing Director and CEO, with effect from 18 August. He will report to Patrick Lee, Cluster CEO, Singapore, and ASEAN markets.
The Bank takes great pride in having Mak as the Bank’s first Malaysian CEO. Mak commenced his 25-year career as a graduate trainee with Standard Chartered Malaysia in 1997. He brings a diverse depth of banking knowledge having held several positions in our regional Mergers and Acquisition and Leveraged Finance businesses in Singapore. Over the past five years, Mak led the coverage of CCIB in Malaysia and transformed the business by building a world-class team, and developed a fully client-centric strategy to deliver greater scale and resilience.
Mak will take over the reins from Abrar A. Anwar, who has been CEO of Malaysia since 2017.
Abrar and his team have been instrumental in executing the Bank’s strategic transformation and improving its control environment. Under his leadership, Abrar navigated Malaysia’s 7,500-strong workforce through the pandemic, helped clients capitalise on opportunities, and positioned the Bank well as the economy rebounded. Abrar is a well-respected leader in the industry, and the Bank won numerous awards including FinanceAsia’s Best Foreign Bank and LinkedIn’s Top Companies in Malaysia.
Abrar will remain as Board Member of Standard Chartered Malaysia until the end of the year to ensure a smooth and orderly transition. He will also be supporting several regional initiatives within the Bank.
Succeeding Mak as Head of Client Coverage CCIB Malaysia is Patricia Wong, who will be double-hatting as Regional Head of Global Subsidiaries (GS), ASEAN. Patricia, who is also Malaysian, joined the Bank in 2000 and since then, has accumulated extensive experience in Corporate Banking across its network including China, Malaysia, and Qatar. Prior to returning to Malaysia, Patricia was based in Shanghai covering her role as Regional Head of GS, Greater China, and North Asia.
