KUALA LUMPUR (Oct 25): HSBC Amanah Malaysia Bhd has appointed Arsalaan (Oz) Ahmed as its chief executive officer (CEO), effective Oct 17. In a statement today, HSBC Bank Malaysia Bhd said as the CEO of HSBC Amanah, Arsalaan will be leading the Islamic banking businesses for retail, commercial and wholesale banking, and reporting to HSBC Bank CEO Mukhtar Hussain. Prior to joining HSBC Amanah, Arsalaan was appointed as the head of capital financing and financial institutions for Barwa Bank in Doha, Qatar, where he led the development of Islamic debt capital market and wholesale banking platform, it said. He has held a number of senior management roles with international exposure in the United Kingdom, Middle East and Malaysia, the statement read. Commenting on his appointment, Mukhtar said Arsalaan brings a wealth of experience vital for the growth of the bank's Amanah business in Malaysia.

Source: The Edge Markets October 25, 2016 03:33 UTC