Bank Islam MD says unlikely to extend contract


Bank Islam managing director Datuk Seri Zukri Samat

PUTRAJAYA: Datuk Seri Zukri Samat said on Thursday it is unlikely for him to extend helming Bank Islam Malaysia Bhd when his tenure as the bank’s managing director ends in June this year.

Zukri, who joined the bank in June 2006, said he had spent ‘quite a long time’ with Bank Islam.

“I will be crossing 11 years. I think it is high time the bank needs new and younger leaders to take it to the next level,” he told reporters after attending the launch of Bank Islam Visa Infinite National Professors Council (MPN) credit card-i in Putrajaya on Thursday.

When asked on his successor, Zukri said there was still plenty of time to search for a successor since it was only January.

“We will make announcement when the time comes,” he said.

On Bank Islam Visa Infinite MPN credit card-i, he said it was introduced in response to Bank Negara’s call for a cashless society by encouraging greater use of plastic money.

He said the collaboration with MPN was the bank’s continuous cooperation with the academic institutions starting with the introduction of the UniDebit card in 2012. 

“The MPN branded card will enable Bank Islam to foster closer ties with the renowned academicians nationwide. Through the launch of the Bank Islam Visa Infinite MPN credit card-i, the bank is committed to providing various benefits to MPN members,” Zukri said.

Meanwhile, MPN chairman Professor Tan Sri Zakri Abu Hamid welcomed the strategic cooperation to promote the MPN and Bank Islam branding in an effort to strengthen the corporate image of both parties.

“The membership card which is also a credit card will enable about 6,600 MPN members to enjoy various privileges offered by Bank Islam. I’m sure the benefits offered by the card will facilitate the academicians when carrying out their official duties,” he said. - Bernama


The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IATA: Middle East disruptions, high fuel prices to halve airline industry profitability in 2026
How can retail investors buy shares in SpaceX's IPO?
Invest Malaysia 2026 to feature 61 Malaysian corporates, attract more than 1,500 delegates
Foreign selling streak on Bursa Malaysia enters fourth week with RM1.05bil outflows
Astro names Henry Tan interim group CEO as Euan Smith steps down
Bursa Malaysia starts week lower amid cautious sentiment
Ringgit higher against most major currencies, easier vs US dollar
Trading ideas: EITA, Alam Maritim, Well Chip, UMS Integration, Lianson Fleet, Encorp, Pineapple Resources
South Korea’s Lee nominates tech guru as PM
Bulls seek protection in world’s hottest market

Others Also Read