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Tuesday, July 16, 2013

Maybank’s Muzaffar Hisham wins Islamic Banker of the Year

KUALA LUMPUR: Muzaffar Hisham, chief executive officer of Maybank Islamic Berhad, has clinched the Islamic Banker of The Year Award at the Asset Triple A Islamic Finance Awards 2013.

His win was attributed to his outstanding contribution to developing Islamic finance regionally and the instrumental played in growing Maybank Group’s Islamic banking business.

Maybank Islamic Berhad cemented its leadership position as it posted robust double-digit growth rates in financing, deposits and in asset size, now standing above RM90bil.

Maybank Islamic also won two more awards – Best Islamic Retail Bank, Malaysia and Best Islamic Trade Finance Bank for the third consecutive year. In addition, the Maybank Group won the Best Islamic Equity Award, Best Islamic Equity Award (highly commended), Best Local Currency Sukuk Award (won by Maybank Investment Bank) and Best Islamic Project Finance Award.

Maybank Islamic is currently the leading Islamic Bank in Asean and the largest Islamic Bank in Malaysia securing a 26% domestic financing market share and accounting for 30.6% of the Maybank Group’s total domestic loans.

Muzaffar joined Maybank Islamic in 2011 with over 10 years' experience in the industry.

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