Bank Rakyat appoints Ahmad Shahril as CEO


KUALA LUMPUR: Bank Rakyat has appointed Ahmad Shahril Mohd Shariff as chief executive officer (CEO), effective April 9, 2025.

Entrepreneur and Cooperative Development Minister Datuk Ewon Benedick, who announced the appointment, said it was based on the strong commitment and dedication shown by Ahmad Shahril during his tenure as acting CEO since Nov 9, 2024.

"Ahmad Shahril, who brings more than 26 years of experience in the banking and finance industry, including roles at Bank Negara Malaysia and other domestic financial institutions, holds a Bachelor of Science in Finance and Accounting from the University of Salford, United Kingdom. He is also a chartered member of the Chartered Institute of Islamic Finance,” he said in a statement.

"The ministry is confident in his ability to lead and fulfil the responsibilities entrusted to him, particularly in enhancing member and stakeholder well-being, strengthening the entrepreneurial and cooperative ecosystem, and advancing financial inclusivity in line with the Malaysia Madani vision," said Ewon in a statement.

Meanwhile, Bank Rakyat chairman Datuk Mohd Irwan Mohd Mubarak said the board of directors, management committee and employees welcomed Ahmad Shahril’s appointment.

"We are confident that under his leadership, Bank Rakyat will continue to uphold its mandate to drive economic growth and the community’s socio-economic development as a progressive and competitive development financial institution, anchored in Islamic values and sustainability, guided by the Bank Rakyat 2025 (BR25) strategic plan,” he added. - Bernama 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Pos Malaysia narrows 1Q loss on improved postal and aviation contributions
WCT unit bags RM152.68mil construction job in Taiwan
TNB launches Malaysia's first battery energy storage system connected to national grid
GX Bank, CGC Digital to offer credit access up to RM150,0000 to MSMEs
Shell Malaysia to expand its Westport fuels terminal
Bursa Malaysia stays lower at midday following lack of progress at Trump-Xi summit
L&G launches Damansara Laverra development with RM752mil GDV
Censof unit to develop Islamic accounting system for FT Islamic council
Affin Bank records higher 1Q net profit of RM135.5mil
Local institutions extend buying streak on Bursa Malaysia

Others Also Read