Unicorn International Islamic Bank Malaysia has appointed Khalid Mahmood Bhaimia (picture) as its chief executive officer, pending approval from Bank Negara Malaysia (BNM), Islamic Finance News reported without quoting its sources. It said that Khalid has resigned from his previous position as managing director with Hong Leong Islamic Bank Bhd (HLIB) effective Nov 6.
It added that his move to Unicorn sees him teaming up once again with Datuk Vaseehar Hassan Abdul Razack, chairman of the bank. Vaseehar was chairman of RHB Islamic Bank during Khalid’s tenure there as CEO.
A check with HLIB by The Malaysian Reserve confirmed that Khalid has left the bank. On July 27, The Malaysian Reserve reported that Unicorn Malaysia was in search of a CEO, and had a number of other management-level openings.
Unicorn Malaysia, a whollyowned subsidiary of Bahrainbased Unicorn Investment Bank, is the first Islamic bank licensed under the Malaysian International Islamic Financial Centre (MIFC) initiative. It received permission to set up its operations from Bank Negara Malaysia early this year.
In a recent interview, Vaseehaar, said Unicorn Malaysia already had several deals in the pipeline, including a couple of mandates already signed that its teams are working on. (By Habhajan Singh. The Malaysian Reserve is a daily business/finance newspaper published out of Kuala Lumpur, with a sectoral page on Islamic finance on Mondays)
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