Jalil, Shahudin and Wai appointed to Maybank board

Maybank appointed three directors to the Board, namely Tan Sri Datuk Dr Hadenan Jalil, Dato’ Seri Ismail Shahudin and Dato’ Dr Tan Tat Wai. It is effective 15 July 2009.

Tan Sri Datuk Dr Hadenan, 63, is currently Chairman of Takaful Malaysia Berhad, ICB Islamic Bank Ltd (Bangladesh) and PNB Property Holdings Sdn Bhd. He is also Chairman of the Operations Review Panel of the Malaysian Anti-Corruption Commission.

Dato’ Seri Ismail Shahudin, 58, is currently on the board of UEM Group Berhad, PLUS Expressways Berhad, Aseana Properties Limited, a company listed on the London Stock Exchange, SMPC Corporation Berhad, EP Manufacturing Berhad and several other private limited companies.

Dato’ Dr Tan Tat Wai, 63, is currently the Group Managing Director of Southern Steel Berhad, a post he held since 1983. He is also a director of Shangri-la Hotels (Malaysia) Berhad, Titan Chemicals Corp Berhad and Natsteel Ltd, a plc in Singapore.

Meanwhile, Maybank also announced that two of its existing directors, Tuan Haji Mohd Hashir Haji Abdullah and Tan Sri Dato’ Sri Chua Hock Chin will step down as directors of the Board effective 15 July 2009.

The appointments represent a significant development in the on-going transition and succession planning exercise implemented by the Maybank Board of Directors following an initiative formulated in 2007.