KUALA LUMPUR: Malayan Banking Bhd (Maybank) has appointed Alvin Lee Han Eng as its country CEO, CEO of Maybank Singapore Limited and CEO Maybank Singapore Branch, effective Jan 1, 2024.
Alvin will succeed Dr John Lee Hin Hock who will retire from Maybank Group effective Dec 31. Alvin is currently head of community financial services (CFS) in Singapore and head of group wealth management.
With a banking career that spans more than 30 years, 11 of which with Maybank, Alvin has proven to be a performer, including leading the transformation of Singapore’s core CFS business, with a focus on modernisation through greater digital adoption and enhancing customers’ experience.
He also spearheaded the launch of Maybank Private Wealth in 2013 and introduced Group Wealth Management in 2016 comprising Private, Premier and Privilege customers, which led to commendable growth in revenue, fund income and investment assets under management.
“With Alvin’s experience and track record, he is expected to steer Maybank Singapore along a similar path of impactful results both locally and regionally.
“With Maybank’s multi-business presence and Singapore being the second largest contributor to the group’s business, coupled with the digitalisation developments in the financial services industry and Maybank’s focus on sustainability and value based financial services, Alvin will continue to lead Maybank Singapore’s transformation efforts and boost growth in line with the group’s M25+ strategic priorities,” president and group CEO Datuk Khairussaleh Ramli said in a statement.