26 November 2014 - Kuwait Finance House (Malaysia) Berhad today wishes to announce the appointment of Mr. Mohammed Nasser Al Fouzan as Chairman of the Board of Directors with effect from 26 November 2014.
Mr. Al Fouzan has over 28 years of banking experience in the banking industry. He was the Chief Retail Banking Officer at Kuwait Finance House K.S.C. in Kuwait, where he had served the banking group for 18 years, prior to this appointment. Mr. Al Fouzan holds a Bachelor’s Degree in Business Administration from Kuwait Finance University and a Diploma in Advance Banking from Arab Institute of Banking, Jordan.
The Board of Kuwait Finance House (Malaysia) Berhad also wishes to announce that YBhg. Dato’ Sri Abdul Hamidy Hafiz has submitted his resignation as the Chief Executive Officer of the Bank. The Board has considered his request to resign and it is with deep regret that the Board has agreed to accept his resignation.
The Board would like to express their appreciation and thanks to Dato’ Sri Hamidy for his leadership and contribution to the Bank since 21 March 2013 and wishes him well in his future endeavours.
Pending the approval by Bank Negara Malaysia on the appointment of a new CEO, the Board has appointed YBhg. Dato’ Mohamad Aslam Khan Gulam Hassan, who is currently the Chief Recovery Officer, as the Acting CEO, effective 27 November 2014.
The Board and Management of the Bank wish to assure all its clients and business partners that the Bank shall continue to serve them with the same dedication and excellent service.