KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) has appointed Datuk Zaiton Mohd Hassan as its non-executive chairman effective today for two years following an approval by Ministry of Finance.
Zaiton has built an impressive executive career in the banking and accounting profession with a strong track record in the areas of Governance, Risk and Audit, across the private sector and public interest institutions.
“Her appointment will strengthen the bank’s corporate governance standards and bring strong and steady leadership to help BPMB realise its full potential as a development financial institution,” the bank said in a statement today.
Zaiton is a fellow and council member of the Association of Chartered Certified Accountants (ACCA), United Kingdom, member of the International Federation of Accountants (IFAC) Professional Accountants in Business (PAIB) Committee, a member of the Malaysian Institute of Accountants and the Malaysian Institute of Certified Public Accountants.
She brings a total of 40 years of varied banking and finance experience, including 12 years in Maybank, in various senior positions including heading Treasury, International Operations, Branch Operations and Group Strategic Planning and 13 years on the Board of Bank Islam (M) Bhd, including chairing both Board Risk Committee and the Audit & Examination Committee.
She set up Malaysian Rating Corporation Bhd (MARC) in 1996 and was its president / executive director until 2004.
Zaiton’s extensive experience as an independent director includes chairing the group governance & audit committee of Sime Darby Bhd and she is now the governance & audit committee chairman of Sime Darby Plantation Bhd.
In July last year she was appointed to the board of Lembaga Tabung Haji and is chairman of its Board Risk Audit and Governance Committee.
Zaiton succeeds Tan Sri Dr Wan Abdul Aziz bin Wan Abdullah who retired in November 2018.
She is BPMB’s 11th chairman since its establishment 45 years ago.