Maybank President & CEO, Dato’ Sri Abdul Wahid Omar has been appointed as Co-Chairman of the Institute of International Finance’s (IIF) Emerging Markets Advisory Council (EMAC). He succeeds Mr. K.V. Kamath who steps down from EMAC to resume his new role as Chairman of Infosys Technologies, India.
EMAC comprises 40 senior executives of major financial services firms headquartered in emerging markets and it advises the Board of Directors of the Institute of International Finance. The IIF is the leading global association of financial services firms with over 440 member institutions.
The announcement was made recently in Washington D.C. by Mr. Ibrahim Dabdoub, Group CEO, National Bank of Kuwait. In welcoming Dato’ Sri Wahid, Mr. Dabdoud underlined the importance of further strengthening the voice and representation of Asian financial institutions in the Council as a recognition of the growing role of Asia in the world’s economy and global financial system.
Dato’ Sri Abdul Wahid said “I am immensely honored to join this distinguished team and look forward to working with EMAC members around the world to address compelling financial issues ensure that our institutions play our role in driving continued growth of the industry, especially in such challenging times.”
Dato’ Sri Abdul Wahid Omar is currently Chairman of the Association of banks in Malaysia. Among other industry positions he holds are Chairman of Malaysia Electronic Payment System Sdn Bhd and as Director of Cagamas Holdings Berhad.
He is also the Vice Chairman of the Institute of Banks Malaysia, and a member of Investment Panels of Lembaga Tabung Haji and Kumpulan Wang Persaraan (KWAP).