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