Maybank appoints two new directors

Kuala Lumpur: Malayan Banking Bhd (Maybank) has recently appointed two new Independent Directors to its board – Nor Hizam Hashim and Dr Hasnita Hashim.In a statement Monday, Maybank Chairman Tan Sri Megat Zaharuddin Megat Mohd Nor said the new appointments were part of the group's ongoing efforts to ensure the board is equipped with the appropriate experience and diverse skills sustainably and also with a view to future succession planning.

"Our new board members bring new insights and will help inject fresh perspectives in guiding the management to continue creating value for all our stakeholders," he said.

Nor Hizam, 67, is currently a Director of the Minority Shareholders' Watchdog Group.

He has 30 years working experience, including in finance, marketing and general management such as Esso Malaysia Bhd (as accountant and financial analyst) and Unilever Group's subsidiary, Mamor Sdn Bhd (as financial controller).

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Between 2007 and 2011, he was appointed as an expert officer of the Public-Private Partnership Unit and Economic Planning Unit in the Prime Minister's Department and contributed towards enhancing value attributes in public-private partnership.

An accountant by profession and a member of the Malaysian Institute of Accountants, Nor Hizam holds a Bachelor's Degree in Commerce from the University of Western Australia, majoring in Finance, Accounting and Economics as well as a Bachelor's Degree in Jurisprudence (external) with Honours from Universiti Malaya.

Meanwhile, Hasnita, 54, who is the second female director on Maybank's board, brings 25 years of global financial management experience in the field of asset management, structured finance and asset securitisation.

She is known to be a pioneer and innovator in Islamic finance and has extensive relationships with large investors and key business players particularly from the Gulf countries.

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Hasnita currently serves as the Chief Executive Officer of Guidance Investments Sdn Bhd, the investment arm of global investment company Guidance Financial Group, with assets under management of around US$1 billion.

She holds a Bachelor of Science degree in Physics from Surrey University, Doctor of Philosophy (PhD) in Nuclear Physics from Oxford University and is an Associate of the Institute of Actuaries, Staple Inn, London. – Bernama

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