KUALA LUMPUR, April 5 (Bernama) -- Al Rajhi Bank Malaysia (ARBM), a wholly owned subsidiary of the world’s largest Islamic bank, Al Rajhi Bank, Kingdom of Saudi Arabia is pleased to announce that it has received approval from Bank Negara Malaysia (BNM) for the appointment of Steve Chen Thien Yin as its new Chief Executive Officer (CEO).
 
As CEO, Steve Chen is responsible for the overall operations of ARBM’s business to maximize company growth as well as to take on the responsibility in developing innovative strategies to drive the Islamic banking and finance business of ARBM to achieve its business goals. 
 
He brings along with him more than 25 years of vast professional experience in Retail, Corporate and Investment banking in growth markets of Malaysia, Singapore, Vietnam, Cambodia and Laos.
 
Prior to joining ARBM, he was the Chief Operating Officer (COO) for Corporate and Structured Finance at one of Malaysia’s largest local bank, Hong Leong Bank Berhad. Over his career, Steve has held senior positions in various international foreign banks including J.P. Morgan, Royal Bank of Scotland, and Standard Chartered Bank.
 
“Steve brings with him a wealth of knowledge and outstanding leadership skills to Al Rajhi Bank Malaysia. I am confident with Steve’s extensive international banking experience and proven track record for operational excellence and leadership, he will be able to successfully lead Al Rajhi Bank Malaysia to greater heights,” said Syed Maqbul Quader, Chairman, Al Rajhi Bank Malaysia. 
 
For more information on ARBM, it products services please visit www.alrajhibank.com.my
 
About Al Rajhi Bank Malaysia 
Al Rajhi Bank Malaysia (ARBM) was locally incorporated in 2006 and is a wholly owned subsidiary of the world’s largest Islamic bank, Al Rajhi Bank, Kingdom of Saudi Arabia. After its official launch in 2007, ARBM became the first Arab bank to start its operations in South East Asia. Deeply rooted in Islamic banking principles, and operating on the same platform as its home bank, together the Shariah compliant banking group is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development.
 
Compelled by its Just Values of TRUTH, HONOUR and RESPECT, Al Rajhi Bank Malaysia continuously endeavours to meet the financial needs of its customers, delivering innovative Shariah compliant financial solutions across retail, corporate, treasury and investment segments distributed through a network of 24 branches and offsite ATMs nationwide.
 
SOURCE : Al Rajhi Bank Malaysia (ARBM)
 
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Siti Zubaidah Zakaria (Ida)
Corporate Communications
Tel : 03 2301 7038  
Email : siti.zubaidah@alrajhibank.com.my 

--BERNAMA