Bank Pembangunan Malaysia Berhad (BPMB) has appointed Dato’ Muzaffar Hisham as its Group Chief Executive Officer, effective 18 May 2025.

Dato’ Muzaffar has over 20 years of experience in the banking sector, covering areas such as retail and wholesale banking, investment banking, treasury, asset management, and client coverage.

Prior to this, he served as the Group CEO of Maybank Islamic Banking, where he led initiatives to expand Islamic banking, grow its global wealth management presence, and implement digital solutions.

Dato’ Sulaiman Mohd Tahir, Chairman of BPMB, said,

“We are pleased to welcome Dato’ Muzaffar Hisham to BPMB. His proven leadership and deep understanding of the financial services landscape, both locally and regionally, will be instrumental in driving BPMB’s strategic direction.

We are confident that under his stewardship, BPMB will continue to play a pivotal role in driving Malaysia’s national development agenda and delivering long-term value for our stakeholders.”

Dato’ Muzaffar Hisham, Group CEO of BPMB, said,

“It is an honour to join BPMB at this important juncture. I look forward to working closely with the Board, management, and stakeholders to build on the Bank’s strong foundation.

Together, we will strengthen BPMB’s role as a key development financial institution, dedicated to supporting Malaysia’s socio-economic progress and sustainability ambitions. I am committed to leading our efforts in delivering impact capital for national development.”

Featured image: Edited by Fintech News Malaysia, based on image by pedrojgarcia via Freepik