PETALING JAYA: Malaysia Building Society Bhd (MBSB) has appointed Shahnaz Farouque Jammal Ahmad as its new group chief financial officer (GCFO), effective June 1.
In a statement, MBSB said Shahnaz brings over 20 years of extensive banking experience, with a distinguished career that includes roles such as chief executive officer of group wholesale banking at CIMB Group and chief financial officer of CIMB Group.
“Most recently, he served as group CFO at TIME Dotcom Bhd . His expertise spans across various domains including mergers and acquisitions advisory, risk advisory, trading, risk management, corporate and investment banking, and finance.
“As GCFO, Shahnaz will be instrumental in steering the financial strategy of the enlarged MBSB Group, with a focus on identifying opportunities within the group’s diverse portfolio in maximising returns,” it said.