Friday 4 November 2011

Maybank’s Wahid appointed Emac co-chairman

KUALA LUMPUR: Malayan Banking Bhd president and CEO Datuk Seri Abdul Wahid Omar has been appointed co-chairman of the Institute of International Finance’s (IIF) Emerging Markets Advisory Council (Emac).

Maybank noted in a statement yesterday that Wahid takes over from KV Kamath who steps down from EMAC to resume his new role as chairman of Infosys Technologies, India.

The Emac comprises 40 senior executives of major financial services firms in emerging markets and it advises the IIF board. The IIF is a global association of financial services firms with over 440 member institutions.

Wahid said he looks forward to working with Emac members around the world to address compelling financial issues and “ensure that our institutions play their role in driving continued growth of the industry, especially in such challenging times”.

He is currently the chairman of the Association of Banks in Malaysia and Malaysia Electronic Payment System Sdn Bhd, and a director of Cagamas Holdings Bhd.

In addition, he is also the vice-chairman of the Institute of Banks Malaysia and a member of the investment panels of Lembaga Tabung Haji and Kumpulan Wang Persaraan.


This article appeared in The Edge Financial Daily, November 4, 2011.
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