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Arshad Mohamed Ismail Appointed as Bank Pembangunan Malaysia Berhad President/Group Chief Executive Officer

Kuala Lumpur, 8 April 2019 – Arshad Mohamed Ismail has been appointed as Bank Pembangunan Malaysia Berhad’s (“BPMB”) President/Group Chief Executive Officer effective 8 April 2019.

Prior to his appointment, Arshad was Head of Global Banking Business at Maybank Islamic Berhad, in which capacity he oversaw the bank’s corporate banking, trade finance and investment banking business lines. Arshad has had a varied career path since commencing his career in 1995 as a lawyer in Kuala Lumpur with Messrs Mohamed Ismail & Co; he specialised in corporate law, banking and finance law, and also Islamic banking and finance law.

In early 2003, he joined CIMB Islamic as one of its pioneer members where he focused on Sukuk origination and execution before relocating to the United Arab Emirates in late 2004 to join HSBC Amanah as the Head of Islamic Capital Markets. At HSBC Amanah, Arshad and his team originated and worked on many innovative and ground breaking Sukuk transactions in the Gulf Cooperation Council region and South East Asia.

The other roles he has held include Head of Asset Management at Aayan Capital, a boutique investment bank based in Jeddah, Saudi Arabia and Head of Corporate Finance and Advisory at Al Hilal Bank, an Islamic bank based in Abu Dhabi. Arshad returned to Malaysia in 2011 to join the International Islamic Liquidity Management Corporation (“IILM”) as Executive Director, Origination and Structuring.

Arshad holds an LL.B. (Hons.) degree from the International Islamic University Malaysia and an M.B.A. from the London Business School, United Kingdom. He was elected to the SC-OCIS Visiting Fellowship in Islamic Finance for the academic year 2015 - 2016 at the Oxford Centre for Islamic Studies, University of Oxford.


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About Bank Pembangunan

Bank Pembangunan Malaysia Berhad (BPMB) was incorporated on 28 November 1973 with a role in the development of Malaysian economy by assisting entrepreneurs involved in small and medium-sized industries through the provision of various financing facilities, training and advisory services, particularly to the Bumiputera entrepreneurs.

Today, BPMB is mandated to provide medium to long-term financing to the infrastructure, maritime, technology and oil & gas sectors. Through its wholly-owned subsidiary Pembangunan Leasing Corporation Sdn. Bhd. (PLC), BPMB also provides financing to small and medium-sized businesses including those involved in manufacturing, construction, supply, transportation, agriculture, hospitality and information technology.

With a combined asset value of about RM26.6 billion, the BPMB Group is well-positioned to meet the financing and business development needs of Malaysian businesses in the priority sectors.


For more information, please contact:

Anita Ramly
Corporate Communications
Bank Pembangunan Malaysia Berhad
Level 14, Menara Bank Pembangunan
1016 Jalan Sultan Ismail
Tel: 03 2611 3346

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