Michael Foong was appointed as Group Chief Strategy Officer of Maybank Group effective 1
January 2014. Prior to this, he was the Chief Strategy and Transformation Officer of Maybank
Group.
Responsibility
Michael leads the Office of the Group President & CEO, which is responsible for driving the
Group’s agenda on regionalisation, business development, transformation and productivity
programmes across the region, and developing the group’s long-term strategic objectives.
He also oversees the Group Corporate Development & Innovation unit, as well as Corporate
Affairs, Strategic Marketing and Group Service Quality Management.
Experience
Prior to joining Maybank Group, Michael was Managing Director of Accenture’s
management consulting practice in Malaysia. He spent 17 years serving financial services
clients throughout Asia, primarily banks but also including insurance companies and stock
exchanges. His track record has included group-wide corporate planning, devising group and
business sector strategies, operating models, business process reengineering, performance
management frameworks, and ICT strategies. Between 2004 and 2011, he focused on
architecting and implementing large-scale multi-year transformation programmes for banks
in Malaysia and Singapore.
Michael has held various other management positions in Accenture. He co-managed
Accenture’s Asia-Pacific Technology Ventures unit from 2000 to 2002, and after that
Accenture’s Asia-Pacific Corporate Development office. Michael has worked throughout
Asia Pacific and spent seven years seconded as a leader into Accenture’s offices in Beijing,
Shanghai, Hong Kong, Sydney, Singapore, Tokyo and Jakarta.
Qualification
Master of Arts in Economics and Management Studies, Cambridge University, United
Kingdom; Advanced Business Management Program, Kellogg Graduate School of
Management, Northwestern University, Chicago, USA.
Nil.