Bank Islam director departs board after 12 years

The Edge Markets LogoThe Edge Markets2 mo ago

Bank Islam director departs board after 12 years - The Edge Markets

Quick Summary:

Shares in Bank Islam finished two sen or 0.78% higher at RM2.58 on Thursday, giving the group a market capitalisation of RM5.56 billion.

KUALA LUMPUR (Dec 1): After 12 years of service on the board of Bank Islam Malaysia Bhd, non-independent and non-executive director Mohamed Ridza Mohamed Abdulla has stepped down from the post.

Commenting on his departure, Tan Sri Dr Ismail Hj Bakar said that Mohamed Ridza’s guidance over the past 12 years has helped the group grow from strength to strength.“At the same time, throughout his chairmanship of BIMB Investment, the company continued to be recognised for its shariah and ESG (environmental, social and corporate governance) investing and most importantly, ensuring they deliver good, strong and consistent returns,” he added.

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Article Details

Category: InvestingFinance



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-01 @ 10:28:38 (2 months ago)

News Timezone: GMT +8:00

Ranking: #1030 (out of 6329 stories this day)

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Language: English

Article Length: 243 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 49 words per sentence (average)

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Copyright Owner: © The Edge Markets

News ID: 2077811

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