Maybank reshuffles senior managers for breadth of leadership
Kuala Lumpur
MALAYSIA'S Maybank plans to implement a rotation of senior portfolios to strengthen and develop leadership roles within the group, with the initial changes involving three senior management positions.
The changes come amidst the bank's posting of weaker-than-expected core earnings for the first quarter to end-March that were dragged by higher provisions, prompting analysts to suggest a closer watch on its asset quality trends.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea’s March factory output falls most in 15 months
Deflation reaches UK stores as non-food prices fall 0.6%
Japan’s March factory output rises 3.8% vs month earlier
Hong Kong vies with US in Bitcoin ETF market after crypto’s revival
More UK companies plan price rises but wage expectations cool: Lloyds
Campaigning EU chief von der Leyen defends record during debate