Abdul Farid Alias to step down as Maybank group president and CEO upon contract expiry


KUALA LUMPUR: Maybank has announced that Datuk Sri Abdul Farid Alias will not be seeking a renewal of his contract as group president and CEO, which is set to expire on Aug 1, 2022.

In a statement, the group said Farid, who has held the position of group CEO since Aug 2, 2013, has informed the board of directors he would like to pursue his own interests following the conclusion of his third term as group CEO.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Maybank , Abdul Farid Alias

Next In Business News

YTL Power, JLand to develop data centre campus
Amway’s 2Q profit more than triples to RM8.7mil
LCT parent mulls strategic options
Productivity gains to bolster TSH Resources
CBH bags RM246mil DC job in Johor
SCIB secures RM21mil deal for Sabah hostel
reNIKOLA bags gas sales agreement in Indonesia�
Bintai Kinden wins tender for Ayer Keroh land
PetChem’s 2Q26 net profit jumps to RM414mil
UEM Sunrise first-half sales rise 126%

Others Also Read