Maybank to move corporate HQ

Group President and CEO of Maybank Dato’ Khairussaleh Ramli (left) and PNB President and Group Chief Executive Ahmad Zulqarnain Onn at the signing ceremony.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) will move its corporate head office from Menara Maybank in Jalan Tun Perak to Menara Merdeka 118 in stages starting from the first quarter of 2025.

Maybank, South-East Asia’s fourth-largest bank by assets, signed a tenancy agreement with Permodalan Nasional Bhd (PNB) for an initial three years and renewal for a further six terms of three years per term, totalling 21 years, in the second-tallest building in the world and the tallest in South-East Asia.