KUALA LUMPUR: Bank Islam Malaysia Bhd
has announced Raja Datin Paduka Teh Maimunah Raja Abdul Aziz will assume the role of group CEO from April 1, 2026.
Raja Teh Maimunah succeeds Datuk Mohd Muazzam Mohamed, who retired in December 2025 after more than a decade at Bank Islam.
Prior to joining Bank Islam, Raja Teh Maimunah was the founding CEO of AEON Bank (M) Bhd, where she successfully led the historic launch of Malaysia’s first Islamic digital bank.
During her tenure, she was the chief architect behind the bank’s foundational cloud-native infrastructure, setting a new benchmark for Shariah-compliant digital innovation.
Her 30-year career includes senior roles across several leading financial institutions, among them, managing director of wholesale banking at AmBank Group and CEO of Hong Leong Islamic Bank.
She also served as the global head of Islamic Markets at Bursa Malaysia, where she pioneered the launch of Bursa Suq Al-Sila’, the world’s first fully Shariah-compliant commodity trading platform.
In recognition of Raja Teh Maimunah’s leadership and contribution to the industry, she was named Islamic Finance Personality of the Year in 2016 and received the Asean Outstanding Woman Banker Award in 2025.
Bank Islam chairman Tan Sri Ismail Haji Bakar said in a statement that Raja Teh Maimunah's appointment marks a pivotal moment for the group as it accelerates its journey to become a leading Islamic financial institution.
He said Raja Teh Maimunah will drive the group’s next phase of digital adoption and transformation, bridging digital expertise with Bank Islam’s long-standing pioneering role in Islamic finance.
"The Board is confident that under her leadership, the Group will continue to strengthen its market position, drive innovation, and deliver sustainable value to all stakeholders while upholding the highest standards of integrity and Shariah compliance," he added.
