KUALA LUMPUR: Malayan Banking Bhd chief executive officer Khairussaleh Ramli will remain in his job for three more years, The Edge reported today, citing unidentified people.
The contract extension will let Khairussaleh complete the bank’s ongoing strategy, called M25+, in 2025 and build a new plan for the next few years, the local newspaper cited the sources as saying.
A spokesman for Maybank, Malaysia’s biggest lender, declined to comment.
Khairussaleh, who turns 58 this year, took the reins at Maybank on May 1, 2022.
Its shares have returned 36% since then, outpacing the benchmark FTSE Bursa Malaysia KLCI Index’s 6.4%.
Kuala Lumpur-based Maybank will begin moving its headquarters to Merdeka 118, the world’s second tallest skyscraper, in the second quarter of next year, a bank spokesman told the paper.
It’s set to be the tower’s biggest tenant.