Al Rajhi Banking & Investment Corporation (Malaysia) Bhd has appointed Mohd Syahrul Ishak as its new chief executive officer, effective 13 May 2024. The appointment follows the departure of former chief executive Arsalaan (Oz) Ahmed, announced in October 2023, after which chief risk officer Muhammed Uzman Muhammed Faleel served as interim CEO.
Al Rajhi Bank Malaysia is the Malaysian subsidiary of Riyadh-headquartered Al Rajhi Bank.
Mohd Syahrul Ishak brings leadership experience in the Malaysian financial services industry to the role.
Al Rajhi Bank also has operations in Kuwait and Jordan.
The appointment ends an interim period of roughly seven months that followed Arsalaan Ahmed's exit.
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