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31 Jan 2012 Al Rajhi Bank (Malaysia) appoints Azrulnizam as CEO
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Al Rajhi Bank announced the appointment of Azrulnizam Abdul Aziz as Chief Executive Officer of Al Rajhi Bank (Malaysia), the wholly owned subsidiary of Al Rajhi Bank (Kingdom of Saudi Arabia).

"We are very pleased to appoint Azrulnizam as Chief Executive Officer of Al Rajhi Bank (Malaysia)," said Mr Abdullah Al Rajhi, Group CEO, Al Rajhi Bank (KSA), in a statement released on Feb 2.

Azrulnizam, 41, holds a Bachelor of Business Administration-Marketing from Wichita State University, Kansas and a Master of Business Administration-International Business from University of Hartford, Connecticut, USA, and completed a leadership programme from Oxford University, United Kingdom.

Prior to joining Al Rajhi Bank, Azrulnizam was the Chief Executive Officer of Standard Chartered Saadiq Bhd (Malaysia), Standard Chartered’s wholly-owned Islamic banking subsidiary. He brings with him over 11 years of extensive knowledge and experience in Islamic banking and finance.

“Azrul is one of the most capable leaders in the industry and we are confident that his appointment will significantly enhance Al Rajhi Bank’s ability to provide excellence to our customers and to compete even more effectively in the market. Al Rajhi Bank has carved out a strong position as an innovative alternative in the industry, and having made considerable progress over the past few years, is strategically well-positioned for growth”, he added.

With 23 branches in Malaysia and growing, Al Rajhi Bank’s presence is now extended to Kuwait and Jordan.