KUALA LUMPUR (Nov 13): Malayan Banking Bhd (KL:MAYBANK) has appointed former Malaysia Aviation Group (MAG) group managing director and airline group chief executive officer Datuk Captain Izham Ismail as an independent non-executive director.

The appointment will take effect on Sunday (Nov 15), Maybank announced in a Bursa Malaysia filing on Friday.

Izham, 65, served as MAG's group managing director and airline group CEO from 2017 to 2026, before retiring on Jan 31 this year.

He joined Malaysia Airlines as a pilot in 1979 and subsequently held various senior management and operational positions at the airline.

These included chief revenue officer from 2019 to 2023, group chief operations officer from 2016 to 2017 and CEO of MASwings Sdn Bhd in 2016.

According to the filing, Izham holds no other directorships in public companies or listed issuers and has no interest in Maybank's securities.

For the first half ended June 30, 2026 (1HFY2026), Maybank's net profit slipped to RM5.17 billion from RM5.22 billion a year ago. Revenue fell 8.7% to RM30.99 billion from RM33.95 billion.

Maybank shares rose three sen or 0.3% to close at RM9.94 on Friday, giving the group a market capitalisation of RM120.68 billion. The stock has declined nearly 20% from its year-to-date high of RM12.38.