BIMB Holdings and the CEO of Bank Islam leave



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BIMB Holdings Bhd, an Islamic finance company listed on the Bursa Stock Exchange, announced on July 20 that its CEO, Khairul Kamarudin, had resigned with immediate effect, said Khairul, who was appointed to the Bursa Stock Exchange. In August 2017, he also resigned as CEO of Bank Islam Malaysia Bhd, a wholly-owned subsidiary of BIMB. The BIMB Board of Directors will establish an executive committee to oversee BIMB's day-to-day operations.

The board of directors of BIMB and Bank Islam has accepted his resignation. BIMB President Ambrin Buang acknowledged Khairul's contribution to both institutions and the Islamic banking sector.

Ambrin added that Khairul's departure will not affect BIMB and that the operation of the company remains unchanged

. The current CFO, Mohd Muazzam, took office as interim CEO on July 20th. Muazzam has been working at Islam Bank since May 2015 and has 22 years of experience in the field of audit, finance and consulting.

committees of the Islam Bank and chairs several project steering committees. He is also a director of several companies of the BIMB group and Bank Islam. BIMB said that Muazzam had played a key role in the bank's strategic direction, capital management and balance sheets, corporate finance, credit, market positioning, financial planning and control, and lending. General Administration

. Zukri Samat has been appointed to the position of Lembaga CEO Tabung Haji, the former Executive Chairman of the Securities Commission, Mohammed Nor Md Yusof, has been appointed Chairman of the KPMG Management Consulting Fund. both appointments taking effect on July 13th.

See also:

People Digest: MUFG Malaysia, PwC Singapore makes new hires

The fonds Malaysian pilgrim Tabung Haji announces key departures

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