KUALA LUMPUR: HSBC Amanah Malaysia Bhd has appointed Arsalaan Ahmed chief executive officer (CEO) effective Oct 17.
Ahmed will lead the Islamic banking businesses for retail, commercial and wholesale banking and report to HSBC Bank Malaysia Bhd CEO Mukhtar Hussain.
In a statement on Wednesday, Mukhtar said Ahmed brough a wealth of experience vital for the growth of the bank’s Amanah business in Malaysia.
“As Malaysia strengthens its role as the Islamic finance hub of Asia, it is crucial that we aid the progress with the right leadership, innovation and world class syariah-compliant products and services,” he said.
Before joining HSBC Amanah, Ahmed was head of capital financing & financial institutions for Barwa Bank in Doha, Qatar, where he led the development of Islamic debt capital market and wholesale banking platform.
He also held a number of senior management roles with international exposure in the UK, Middle East and Malaysia. - Bernama