Malaysia Building Society Berhad (MBSB) today announced the appointment of En. Ahmad Zaini Othman, as the Chief Executive Officer (CEO) with effect from February 26, 2009.

En. Ahmad Zaini replaces En. Ahmad Farid Omar who completed his term as CEO on December 31, 2008.

En. Ahmad Zaini, 51, has extensive experience in the banking industry and the corporate sector for more than 24 years.

Prior to joining MBSB, he was the CEO of AmIslamic Bank for three years.

In 1996, En.Ahmad Zaini served as the Head/Senior General Manager of Corporate Banking in AmBank Berhad. In 1993 he had a stint with Perwaja Steel as the Senior General Manager / Director of Corporate Finance. Between 1984 to1988 Ahmad Zaini started his career in Merchant Banking with Bumiputra Merchant Bankers and Intradagang Merchant Bankers.

En. Ahmad Zaini, obtained his Higher Diploma in Accounting from Manchester, England and holds a degree in Bachelor of Science in Finance from Southern Illinois University and Master in Business Administration (Finance) from St. Louis University, USA.

The appointment of En. Ahmad Zaini as the new CEO represents yet another milestone for MBSB as it moves ahead to reposition MBSB in the Islamic financial market.

Produced by

Corporate Communications Unit
MBSB
Tel: 03- 2099 3516
Fax : 03-2095 4260
e-mail: rohanim@mbsb.com.my