PETALING JAYA, 5 AUGUST 2025 – MBSB Group is pleased to announce that its Group Chairman, Dato’ Wan Kamaruzaman bin Wan Ahmad, will assume an expanded role as Chairman of MBSB Investment Bank, effective 5 August 2025. This appointment builds on his current role as Chairman of MBSB Berhad and MBSB Bank Berhad. It marks a key step in further unifying the Group’s leadership across its commercial and investment banking businesses.
With over 40 years in banking and public-sector finance, Dato’ Wan’s chairmanship strengthens alignment across MBSB’s transformation journey and signals the Group’s commitment to more connected, client-focused solutions under its FLIGHT26 strategic roadmap.
Before joining MBSB Group, Dato’ Wan served as Chief Executive Officer of KWAP, Malaysia’s public-sector pension fund, where he oversaw a period of strong institutional growth and reform. His earlier roles include General Manager of Treasury at EPF, and senior leadership positions at Malayan Banking Berhad, with international postings in Hamburg and London, as well as CEO roles within the Affin Group. He has also served on the boards of Bursa Malaysia, Bank of America Malaysia, and Malakoff Corporation, and has contributed to industry bodies including FTSE Russell’s Advisory Committee and the Institutional Investors Council Malaysia. He currently sits on the boards of Malaysian Resources Corporation Berhad and Bermaz Auto Berhad.
Commenting on the appointment, Dato’ Wan said:
“I am honoured to serve in this expanded capacity. MBSB Group has a unique opportunity to build something enduring – where commercial banking, investment banking, and values-based finance come together to meet real needs. I look forward to working with both teams to move closer to that vision.”
MBSB Group also extends its heartfelt appreciation to Datuk Mohd Nasir Ali for his leadership and guidance over the past six years. As he concludes his tenure on 4 August 2025, we wish him the very best in his future endeavours.
