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# Datuk Muzaffar Hisham Appointed Group CEO of Bank Pembangunan Malaysia
- URL: https://www.theglobalbanker.com/datuk-muzaffar-hisham-appointed-group-ceo-bank-pembangunan-malaysia/
- Published: 2025-05-18T18:26:00.000Z
- Updated: 2026-10-02T14:35:33.000Z
- Description: Malaysia's Bank Pembangunan named Datuk Muzaffar Hisham as Group CEO effective 18 May 2025, bringing over 20 years of banking experience, most recently as Group CEO of Maybank Islamic.
- Author: TGB Editorial Team
- Tags: Executive Moves, Asia-Pacific, #archive

Bank Pembangunan Malaysia Berhad (BPMB), the government-owned development financial institution, appointed Datuk Muzaffar Hisham as its new Group Chief Executive Officer with effect from 18 May 2025\. Muzaffar joins BPMB from Maybank Islamic Berhad, where he served as Group CEO, and brings over two decades of banking experience.

The appointment was announced by BPMB in a statement on 18 May 2025, shortly after SME Bank and Exim Bank became BPMB subsidiaries on 1 May 2025\. 

#### BPMB'S MANDATE

Bank Pembangunan Malaysia was established to provide medium and long-term financing for sectors considered strategically important to Malaysia's national development, including infrastructure, maritime, technology and capital-intensive industries.