Lai is GXS Bank’s new group CEO


Kaushik Chowdhury.

PETALING JAYA: Lai Pei-Si has been appointed to the role of group chief executive officer (CEO) of GXS Bank Pte Ltd effective June 1, 2025 following the upcoming retirement of group CEO Muthukrishnan Ramaswami.

Lai, the current CEO of GX Bank Bhd, the Malaysian digital bank subsidiary of GXS Bank, spearheaded the launch of GX Bank in November 2023, which went on to acquire one million customers within a year.

Kaushik Chowdhury, the current deputy CEO and chief commercial officer of GXBank’s retail business, would be supported by Hildah Hamzah, who takes over the role of deputy CEO and chief operating officer.

Datuk Zaiton Mohd Hassan, GX Bank’s chairperson, commended Lai’s visionary leadership that firmly established GXBank as a leading digital bank in Malaysia.

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