The Asian Banker Saturday, 12 October 2024

Maybank appoints new chairman for MSL

5 min read

The board of Maybank Singapore Limited (MSL) has appointed Yee Yang Chien as chairman of the MSL board effective 1 October 2024.

He will succeed Datuk R. Karunakaran, who has retired from Maybank Group after six years of dedicated service as chairman, effective 30 September 2024.

Yee was appointed as a non-independent non-executive director of Maybank on 24 November 2023 and then as a non-independent non-executive director of MSL on 15 August 2024.

Yee brings with him a wealth of experience from both local and international financial institutions, with a career spanning external and internal audit, equity research, and investment banking. His extensive career also includes nearly 20 years at MISC Berhad (MISC), a publicly listed global shipping conglomerate, where he held several key leadership positions, including vice president of corporate planning, chief operating officer, and eventually president/group CEO – showcasing his ability to lead and manage large-scale strategic initiatives.

During his tenure at MISC, Yee spearheaded the execution of the group’s strategies, overseeing significant corporate exercises such as mergers and acquisitions, strategic investments and divestments, corporate bond issuance, initial public offerings, and the incubation and launch of technological and digital start-ups. He retired as the president/group CEO of MISC in September 2022.

His extensive background in leading large-scale transformations will be invaluable in driving the rapid growth of Maybank Singapore, steering the organisation towards greater sustainable growth and innovation.

Yee holds a double degree in accounting and financial management and economics from the University of Sheffield, United Kingdom.

We express our heartfelt appreciation to Datuk R. Karunakaran for his outstanding contributions, dedicated service, and unwavering commitment during his tenure as chairman since 2018. His leadership has been pivotal in shaping a forward-thinking organisation that aligns closely with the bank’s strategic mission.

Re-disseminated by The Asian Banker

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