KUALA LUMPUR (June 30): Malayan Banking Bhd (Maybank) has appointed Datuk Hamzah Bachee as its group chief risk officer and member of the group executive committee effective July 1.
He will report to the group president and chief executive officer Datuk Khairussaleh Ramli.
Hamzah replaces Gilbert Kohnke, who will take on the role of adviser and executive coach before retiring on Nov 1 after serving six years at Maybank.
In a statement on Friday (June 30), Maybank said Hamzah will be responsible for strategising, leading and enforcing an effective enterprise-wide risk management practice that appropriately identifies, manages and mitigates risks to achieve the strategic and business objectives of the banking group.
"With a banking career that spans more than 30 years, Hamzah’s specialisations in business segment and risk management will ensure that the bank continues to drive business growth responsibly across the group by spearheading the enforcement of a strong risk-awareness culture and sound asset quality management practices. He is currently responsible for group risk’s international/overseas units transformation initiative," it added.
Assisting Hamzah is Mohamed Rezwan, who has been appointed as deputy group chief risk officer effective July 1. Rezwan will be responsible for the group’s functions of market risk, risk research and environmental, social and governance, as well as Maybank’s overseas commercial bank branches and subsidiaries.
Khairussaleh said the two appointments demonstrate the effectiveness of Maybank’s internal succession planning and are in line with the bank’s talent management policy to strengthen and intensify its internal capacity building.
“Hamzah’s understanding of new and emerging global trends will enhance Maybank’s resilience and strengthen its banking footprint in this region. He started his career with Maybank and we believe his role in driving effective enterprise-wide risk management will be vital for us moving forward as we continue to deliver on our M25+ strategy aspirations,” he added.