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StanChart Malaysia Appoints Mak Joon Nien as First Local CEO

by Fintech News Malaysia August 19, 2022

Standard Chartered Malaysia announced the appointment of Mak Joon Nien as Managing Director and Chief Executive Officer (CEO), with effect from 18 August 2022. Mak is the bank’s first Malaysian CEO.

Mak Joon Nien

He will take over the reins from Abrar A. Anwar, who has been CEO of Malaysia since 2017, and report to Patrick Lee, Cluster CEO, Singapore and ASEAN markets.

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.

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 Standard Chartered’s regional mergers and acquisition and leveraged finance businesses in Singapore.

Over the past five years, Mak led the coverage of CCIB in Malaysia and developed a fully client-centric strategy to deliver greater scale and resilience.

Patricia Wong

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.

Patrick Lee

Patrick Lee, Cluster CEO, Singapore and ASEAN markets said,

“I am pleased to welcome Mak to his new role and am confident that his leadership skills, coupled with his extensive industry experience and sharp client focus will further drive our business strategy and performance in Malaysia.

 

I am equally delighted to strengthen the Bank’s leadership with Patricia helming the CCIB Client Coverage business which will benefit from her global experience. Mak and Patricia’s appointments also demonstrate the Bank’s strong succession planning to build an effective and sustainable leadership pipeline of local talents across its network.”