“We will update the market once we have identified the person,” Maybank president and group CEO Khairussaleh Ramli told reporters after announcing the bank’s financial results for the year ended Dec 31, 2024.

Khairussaleh said that the internal inquiry was an isolated case and not prompted by any regulatory authority.

No financial loss or regulatory breach was discovered during the investigation, he added.

Khairussaleh also said that Khalijah was given due process and the opportunity to present her case during the inquiry.

“We uphold governance to the highest standard. We think that any activity or any decision that we make will have to be based on key principles including governance and this includes the action we took on the group CFO,” he said.

On Feb 17, Maybank announced Khalijah’s immediate departure, citing an internal inquiry as the reason.

The bank has since appointed Malique Firdauz Ahmad Sidique as acting group CFO effective the same day.