Al Rajhi Bank Announces New Board Appointment

KUALA LUMPUR, Sept 9 (Bernama) -- Al Rajhi Bank Malaysia (ARBM), a unit of the world's largest Islamic bank, Al Rajhi Bank, has appointed Muhammad Afaq Khan as Independent Non-Executive Director to its board, effective Sept 5, 2016. "His wealth of experience and expertise will contribute towards the strategic growth and positioning of the bank as a key player in Islamic banking and in creating value for our stakeholders," said ARBM Chief Executive Officer Steve Chen in a statement Friday. Muhammad Afaq has, in the past, won several 'Islamic Banker of the Year' awards and other accolades, recognising him as a pioneering and influential Islamic banker. -- BERNAMA