Malayan Banking Bhd's (Maybank) president & chief executive officer Datuk Seri Abdul Wahid Omar has been appointed co-chairman of the Institute of International Finance’s (IIF) Emerging Markets Advisory Council (EMAC).
In a statement today, Maybank said Abdul Wahid would succeed K.V. Kamath, who stepped down from EMAC to resume his new role as chairman of Infosys Technologies India.
"I am honoured to join the team and look forward to working with EMAC members around the world to address compelling financial issues to ensure that our institutions play the role in driving continued growth of the industry, especially in such challenging times," Abdul Wahid said.
EMAC comprises 40 senior executives of major financial services firms headquartered in emerging markets and it advises the board of directors of the IIF.
The IIF is a global association of financial services firms with over 440 member institutions.
The announcement was made recently in Washington by Ibrahim Dabdoub, group chief executive officer, National Bank of Kuwait, Maybank said.
In welcoming Abdul Wahid, Dabdoud underlined the importance of further strengthening the voice and representation of Asian financial institutions in the council as a recognition of the growing role of Asia in the world’s economy and global financial system.
Abdul Wahid is currently chairman of the Association of Banks in Malaysia and chairman of Malaysia Electronic Payment System Sdn Bhd.
He is a director of Cagamas Holdings Bhd, vice chairman of the Institute of Banks Malaysia and a member of investment panels of Lembaga Tabung Haji and Kumpulan Wang Persaraan. -- Bernama
In a statement today, Maybank said Abdul Wahid would succeed K.V. Kamath, who stepped down from EMAC to resume his new role as chairman of Infosys Technologies India.
"I am honoured to join the team and look forward to working with EMAC members around the world to address compelling financial issues to ensure that our institutions play the role in driving continued growth of the industry, especially in such challenging times," Abdul Wahid said.
EMAC comprises 40 senior executives of major financial services firms headquartered in emerging markets and it advises the board of directors of the IIF.
The IIF is a global association of financial services firms with over 440 member institutions.
The announcement was made recently in Washington by Ibrahim Dabdoub, group chief executive officer, National Bank of Kuwait, Maybank said.
In welcoming Abdul Wahid, Dabdoud underlined the importance of further strengthening the voice and representation of Asian financial institutions in the council as a recognition of the growing role of Asia in the world’s economy and global financial system.
Abdul Wahid is currently chairman of the Association of Banks in Malaysia and chairman of Malaysia Electronic Payment System Sdn Bhd.
He is a director of Cagamas Holdings Bhd, vice chairman of the Institute of Banks Malaysia and a member of investment panels of Lembaga Tabung Haji and Kumpulan Wang Persaraan. -- Bernama
