Bank Islam Appoints Raja Teh Maimunah As GCEO

KUALA LUMPUR, Feb 6 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) has appointed Raja Datin Paduka Teh Maimunah Raja Abdul Aziz as its group chief executive officer (GCEO), effective April 1, 2026, succeeding Datuk Mohd Muazzam Mohamed, who retired early in December 2025.

In a statement, the bank said the appointment follows a rigorous search process, during which the board evaluated a wide pool of highly qualified candidates in line with corporate governance and regulatory requirements.

Bank Islam chairman Tan Sri Ismail Haji Bakar said Raja Teh Maimunah’s leadership in Islamic finance and digital innovation aligns with the bank’s strategic goals.

“The board is confident that under her leadership, the group will strengthen its market position, drive innovation, and deliver sustainable value to stakeholders while upholding the highest standards of integrity and Shariah compliance,” he said.

He added: “Raja Teh Maimunah will lead the group’s next phase of digital adoption and transformation, bridging digital expertise with Bank Islam’s long-standing pioneering role in Islamic finance.”

Raja Teh Maimunah holds a Bachelor of Laws (Hons) and an Honorary Doctor of Law from the University of East London. She is a Fellow of the Chartered Banker Institute and a Chartered Professional in Islamic Finance (CPIF).

Before joining Bank Islam, she was CEO of Malaysia’s first Islamic digital bank, AEON Bank (M) Bhd, where she oversaw the development of its cloud-native infrastructure, setting a benchmark for Shariah-compliant digital innovation.

Her 30-year career includes senior roles at leading financial institutions, including managing director of Wholesale Banking at AmBank Group, CEO of Hong Leong Islamic Bank, and Global Head of Islamic Markets at Bursa Malaysia, where she launched Bursa Suq Al-Sila’, the world’s first fully Shariah-compliant commodity trading platform.

-- BERNAMA