Maybank announced the appointment of Tan Sri Dato’ Sri Zamzamzairani Mohd Isa as a Director and the new Chairman of Maybank effective 2 November 2020. The bank also announced that its Chairman, Datuk Mohaiyani Shamsudin, will retire on 1 November 2020, following nine years of service on the Maybank Board. Datuk Mohaiyani was appointed Director of Maybank on 22 August 2011, before being appointed as Chairman on 1 April 2017.

Commenting on her tenure in Maybank, Datuk Mohaiyani said, “I retire knowing that the Group remains on a solid foundation to navigate through the current pandemic and emerge even stronger as one of the leading financial services groups in the region.”

In a tribute to Datuk Mohaiyani, Maybank Group President & CEO, Datuk Abdul Farid Alias said, “She has also been an inspiring leader who epitomized Maybank’s mission of humanizing financial services, motivating us on every occasion to remain true to our purpose in all aspects of our business. Most of all, she challenged us to strive to do better, through her own example of commitment and dedication to the Maybank Group. On behalf of the 43,000 Maybankers worldwide, I would like to convey our highest gratitude and wish her every blessing in her retirement.”

Datuk Farid also welcomed the appointment of Tan Sri Dato’ Sri Zamzamzairani as the new Chairman of Maybank, saying, “Tan Sri Zamzamzairani comes with an extensive understanding of the corporate sector and brings great insights particularly in the technology space, critical to Maybank’s future growth and success. The Group looks forward to his guidance and leadership as we navigate through the challenging operating environment and continue with our growth agenda, with a special focus on further strengthening our digital capabilities.”

Zamzamzairani holds a Bachelor of Science in Communications Engineering from Plymouth Polytechnic, United Kingdom and has completed the Corporate Finance, Strategies for Creating Shareholder Value program at Kellogg School of Management, Northwestern University, United States of America. He has also attended the Strategic Leadership Programme at the University of Oxford’s Saïd Business School and the IMD CEO Roundtable at Lausanne, Switzerland in 2013.

He has vast experience spanning more than 30 years in the telecommunication industry, beginning in Telekom Malaysia Berhad (“TM”) where he served for 13 years before assuming key positions in several multinationals such as Global One Communications and Lucent Technologies (Malaysia) Sdn Bhd, where he was Chief Executive Officer (CEO).  

Under his leadership, TM launched and successfully rolled out the high-speed broadband service in 2010, in a historic collaboration with the Government of Malaysia. Tan Sri Dato’ Sri Zamzamzairani was awarded the Business Person of the Year 2015 at the Asian Academy of Management International Conference, organized by Universiti Sains Malaysia in October 2015, and also named CEO of the Year at the Minority Shareholders Watchdog Group’s Annual Corporate Governance Awards ceremony in the same year