Termination of CFO: Maybank urged to provide comprehensive explanation

Termination of CFO: Maybank urged to provide comprehensive explanation

KUALA LUMPUR: The immediate termination of the group chief financial officer (CFO) of Malayan Banking Bhd (Maybank), Khalijah Ismail, on Monday has raised concerns about governance standards. © New Straits Times Press (M) Bhd

Maybank Says Prompt Disclosure of CFO’s Removal Was Due to Market Sensitivity - Fintech News Malaysia

Maybank said the immediate announcement with regard to the removal of its Group Chief Financial Officer (CFO), Khalijah Ismail, was necessary due to the market-sensitive nature of the information. The Edge reports that the bank’s decision followed an internal inquiry into non-compliance with internal requirements and processes. Maybank’s President and Group CEO, Datuk Khairussaleh Ramli, addressed concerns over the timing of the announcement, wh…

Maybank still searching for new CFO after Khalijah’s departure

The bank also says no financial loss or regulatory breach was found through its internal inquiry.