Al Rajhi Bank announces new chairman and board member

Afaq Khan(pic), who had been the independent non-executive director of the bank since Sept 5, 2016, brings with him close to 30 years of experience as an Islamic banking professional.

KUALA LUMPUR: Al Rajhi Bank Malaysia (ARBM), a unit of the world’s largest Islamic bank, Al Rajhi Bank of Saudi Arabia, yesterday announced the appointment of Muhammad Afaq Khan as its new chairman and Johari Abdul Muid as independent non-executive director effective Nov 2.

Afaq Khan, who had been the independent non-executive director of the bank since Sept 5, 2016, brings with him close to 30 years of experience as an Islamic banking professional.