- April 12, 2019
- Posted by: Marvin Garcia
- Category: Executive Moves
Arshad Mohamed Ismail has been appointed as Bank Pembangunan Malaysia Berhad’s
(“BPMB”) President/Group Chief Executive Officer effective 8 April 2019.
Prior to his appointment, Arshad was Head of Global Banking Business at Maybank Islamic
Berhad, in which capacity he oversaw the bank’s corporate banking, trade finance and
investment banking business lines. Arshad has had a varied career path since commencing
his career in 1995 as a lawyer in Kuala Lumpur with Messrs Mohamed Ismail & Co; he
specialised in corporate law, banking and finance law, and also Islamic banking and finance
In early 2003, he joined CIMB Islamic as one of its pioneer members where he focused on
Sukuk origination and execution before relocating to the United Arab Emirates in late 2004
to join HSBC Amanah as the Head of Islamic Capital Markets. At HSBC Amanah, Arshad and
his team originated and worked on many innovative and ground breaking Sukuk
transactions in the Gulf Cooperation Council region and South East Asia.
The other roles he has held include Head of Asset Management at Aayan Capital, a boutique
investment bank based in Jeddah, Saudi Arabia and Head of Corporate Finance and Advisory
at Al Hilal Bank, an Islamic bank based in Abu Dhabi. Arshad returned to Malaysia in 2011 to
join the International Islamic Liquidity Management Corporation (“IILM”) as Executive
Director, Origination and Structuring.
Arshad holds an LL.B. (Hons.) degree from the International Islamic University Malaysia and
an M.B.A. from the London Business School, United Kingdom. He was elected to the SC-
OCIS Visiting Fellowship in Islamic Finance for the academic year 2015 – 2016 at the Oxford
Centre for Islamic Studies, University of Oxford.