Maybank unveils two senior appointments

PETALING JAYA: Malayan Banking Bhd (Maybank) has announced two new senior appointments to the group risk and Maybank Singapore operations.

Malaysia’s largest bank said in a statement that John Lee Hin Hock ( pic), currently group chief risk officer, will assume the post of chief executive officer (CEO) for Maybank Singapore effective Dec 1, while Gilbert Kohnke will be appointed group chief risk officer effective Nov 1.

Maybank said Lee will take over from current Maybank Singapore CEO and Maybank’s community financial services (CFS) group head Datuk Lim Hong Tat.

“Lim will return to Malaysia to fully focus on the role of group head, CFS to drive and implement the group’s community banking strategy across all geographies including branch banking, con- sumer lending, small and medium-sized enterprise and business banking, sales and distribution, wealth management, payments, virtual banking, product innovation and customer segmentation.”

Maybank added that Lee’s appointment includes single captainship responsibility for the entire spectrum of operations in Maybank Singapore, one of the banking group’s three home markets.

“He will also be responsible for leading Maybank Singapore to further strengthen its position as a major financial services provider in Singapore.”

Maybank group president and CEO Datuk Abdul Farid Alias said following the success of the first group executive committee role rotation initiated in mid-2016, the bank has embarked on its second rotation.

He said this was in line with the strategic objective of ensuring and establishing a strong succession pipeline for every mission-critical position.