Bank Rakyat has appointed Ahmad Shahril Mohd Shariff as its new CEO, effective 9 April, The Edge reported.

Ahmad Shahril had been serving as acting CEO since November 2024, following the resignation of Datuk Mohammad Hanis Osman, who had led the bank since July 2022.

Prior to stepping into the interim role, he was deputy CEO responsible for business and operations at the development financial institution, which operates under the Ministry of Entrepreneur Development and Cooperatives.

He brings more than 26 years of experience in banking and finance, having previously worked at Bank Negara Malaysia and other domestic financial institutions.

Bank Rakyat chairman Datuk Mohd Irwan Mohd Mubarak said the bank would maintain its focus on driving economic growth and supporting community development initiatives under Ahmad Shahril’s leadership, in line with the Bank Rakyat 2025 (BR25) strategic plan.

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