Page 114 - Bank-Muamalat-Annual-Report-2021

112 BANK MUAMALAT MALAYSIA BERHAD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

Age 56 Male Malaysian
MD KHAIRUDDIN HJ ARSHAD
• Independent Non-Executive Director Independent Non-Executive Director
• Appointed on 10 September 2019

Md Khairuddin Haji Arshad was appointed as an Independent Non-Executive
Director of Bank Muamalat Malaysia Berhad on 10 September 2019. He also
serves as the Chairman of the Board Risk Management Committee and a
member of the Board Audit, Board Veto and Board Compliance Committees.
Md Khairuddin has over 25 years of experience in the banking industry.
He started his career with Bank Negara Malaysia (“BNM”) in 1991 and served
in the Bank Regulation Department and, Islamic Banking and Takaful
Department until 2005. He was involved in the setting up of the International
Islamic Financial Market and the Islamic Financial Services Board.

He was part of the pioneer management team tasked with the
establishment of Perbadanan Insurans Deposit Malaysia. He served as Chief
Operating Officer and General Manager, Insurance, Risk Assessment and
Monitoring Division since its establishment in 2005 until 2013. He was also
the first Chairman of the Islamic Deposit Insurance Group of International
Association of Deposit Insurers.
He joined Bank Rakyat in 2013 as Chief Risk Officer and his last position was
Chief Operating Officer where he was entrusted with the responsibilities
to expand the retail and corporate banking businesses, ensure effective
implementation of the recovery and rehabilitation activities, manage corporate
services effectively and continuously improve the effectiveness and efficiencies
of the overall banking operations.
He holds a Bachelor’s Degree in Accounting from the International Islamic
University Malaysia. He also attended the Oxford Advanced Management
and Leadership Programme and ICLIF Global Leadership Development
Programme. He also has a Master of Business Administration from Heriot
Watt University.