KUALA LUMPUR, Aug 2 – Maybank’s share price continued its uptrend this afternoon as the market awaits the appointment of the bank’s new President and Chief Executive Officer, expected later today.
At 2.45pm, the stock rose four sen to RM10.44 or 0.38 per cent with 4.450 million shares changing hands.
Chairman Tan Sri Megat Zaharuddin Megat Mohd Nor is expected to announce the largest lender’s new head honcho after the position was left vacant by Datuk Seri Abdul Wahid Omar who was seconded to the Prime Minister’s Department as a senator and Minister in charge of the Economic Planning Unit.
Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz said the prolonged period in appointing a new CEO was due to the screening process that was already in the final stage.
– BERNAMA
