Bank Muamalat names Khairul Kamarudin as new CEO

Bank Muamalat names Khairul Kamarudin as new CEO

KUALA LUMPUR: Bank Mualamat Malaysia Bhd has appointed Khairul Kamarudin as its new chief executive officer to replace the retiring Datuk Mohd Redza Shah Abdul Wahid.

The appointment will take effect on Nov 1.

Khairul, who has a Law Degree from Anglia Ruskin University, United Kingdom, has been the bank’s deputy chief executive officer for the past eight months.

“Together with him, Khairul brings with him 22 years of experience in the financial industry, of which 14 years were with Bank Islam Malaysia Bhd,” chairman Tan Sri Munir Majid said in a statement today.

Bank Muamalat welcomes Khairul who comes with very good Islamic banking credentials and looks forward to his steering the institution in the next phase of its development in an increasingly challenging environment, he said.

“I would also like to express our gratitude to Datuk Redza, who served the bank with distinction for the past 11 years, from trying times to establishing a strong foundation for its future progress,” he added.