Dr John Lee Hin Hock has been appointed the new CEO of Maybank Singapore
KUALA LUMPUR: Dr John Lee Hin Hock who is currently group chief risk officer of Maybank Group will assume the post of CEO, Maybank Singapore, effective Dec 1, 2017, while Gilbert Kohnke will assume Lee's current role effective Nov 1, 2017.
Lee will take over from Datuk Lim Hong Tat, the current CEO of Maybank Singapore and group head of Maybank’s Community Financial Services (CFS).
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.
"Lee's appointment includes single–captainship responsibility for the entire spectrum of operations in Maybank Singapore, which is one of the 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 said in a press release.
Kohnke, who will replace Lee as the group chief risk officer, will be responsible for leading the group risk transformation as well as balancing the need for resilient customer-centric risk practices amid the increasingly stringent banking environment.
Prior to joining Maybank, Kohnke was group chief risk officer, Danske Bank AS, in Copenhagen, Denmark, for 2.5 years.
Group president and CEO Datuk Abdul Farid Alias said that following the success of the first Group EXCO role rotation initiated in mid 2016, the group has embarked on its second rotation to ensure a strong succession pipeline.
“This is an ongoing process designed to strengthen the group’s leadership team by bringing new ideas and further heightening the level of energy,” he said.
“I welcome Gilbert into the Maybank Group, and believe that together with Dr John and Datuk Lim, their deep knowledge of the business and vast experience in banking will be invaluable to the Group.”
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