Maybank Appoints Dr Siew Chan Cheong as New Group Chief Strategy Officer

Maybank Appoints Dr Siew Chan Cheong as New Group Chief Strategy Officer

by August 16, 2022

Maybank announced that it has appointed Dr Siew Chan Cheong as its Group Chief Strategy Officer, effective 15 August 2022.

Dr Siew will assist and report to the Group President and CEO of Maybank, and work closely with the Board and the leadership team.

He will also be responsible for broadening and deepening the digitalisation agenda and for driving the industrialisation and adoption of analytics across the group.

He takes over the role from Michael Foong who concurrently held the position as Group Chief Strategy Officer in addition to CEO of International. Michael will remain as the CEO of International.

Dr Siew has over 20 years of experience in formulating and implementing multi-country transformation strategies across various industries and organisations, including major banks in Europe and Asia.

Most recently, Dr Siew was with the RHB Banking Group where he was the Group Chief Strategy and Innovation Officer, an expansion to his previous role of Group Chief Strategy Officer.

Dato’ Khairussaleh Ramli, Group President and CEO of Maybank said Dr Siew’s breadth of knowledge, leadership skills and international experience makes him the right candidate to lead the group’s medium- to long-term strategic vision.

He added,

“Dr Siew’s understanding of global trends and hands-on track record in responding to rapid digital changes will allow him to drive compelling and connected thinking within the organisation.


This is key as we further pursue the bank’s digital aspirations, explore new income drivers and adopt strategic transformation initiatives to drive better performance.”