BUSINESS TODAY – Leadership Change at Bank Pembangunan

Thursday, 7 April 2022

BPMB has appointed Roni Abdul Wahab as Group Chief Executive Officer effective 8 April 2022. He will succeed Arshad Mohamed Ismail, who is leaving the Group after having served for three years.

Roni has held senior leadership roles in the banking, investment management, and corporate sectors. He had served at Khazanah Nasional Berhad as Executive Director, Investments, and was also Managing Director and Country Head of Global Banking, HSBC Bank Berhad Malaysia. Most recently, he was an independent board member at Maybank Asset Management Group Berhad and Chairman of Maybank Islamic Asset Management Sdn. Bhd.

BPMB’s Chairman, Tan Sri Nazir Razak said, “We are delighted to welcome Roni to BPMB Group. His leadership experience in banking and strategic national development will be an asset to the Group as we continue on our nation-building journey to support Malaysia’s economic development.”

“This appointment brings new perspectives and strengths to the Group and with the support of the senior leadership team, I am confident that Roni will be able to take BPMB Group to new heights,” Nazir elaborated. ”I would like to thank Arshad for his leadership and contributions throughout his tenure since 2019, especially for bringing calm and stability to the Group after a difficult period for the bank. We wish him all the best in his future endeavors,” Nazir concluded.

Meanwhile, commenting on his appointment, Roni said, “BPMB is a key development financial institution (“DFI”) of the country with the mandate of supporting companies and projects that promote socio-economic growth. I am grateful for the opportunity and certainly look forward to working closely with the team.”