Rosman Mohamed appointed as CEO of Bank Rakyat

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Following the appointment, Rosman will step down from his role as the bank’s board member. Bernama Photo

KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives has announced the appointment of Datuk Rosman Mohamed as the chief executive officer of Bank Rakyat, effective Feb 1, 2020.

Its minister Datuk Seri Mohd Redzuan Yusof said the appointment has been confirmed and went through the ‘fit and proper’ assessment process by Bank Negara Malaysia.

Rosman according to him, has demonstrated outstanding commitment and consistency in spearheading the implementation of Bank Rakyat 2025 (BR25) and the initiative to empower the bank’s new core banking system scheduled to be operational June 2020.

“In addition, Rosman has also led the movement to boost the entrepreneurship and cooperative sectors, in line with the ministry’s aspirations through various initiatives such as financing intensification, the establishment of the small and medium enterprise (SME) centres as well as various forms of advisory and consultancy services to high potentials, viable companies and cooperatives,” said Mohd Redzuan in a statement today.

Following the appointment, Rosman will step down from his role as the bank’s board member.

He was appointed as Bank Rakyat’s board member since April 1, 2019, and subsequently assumed the role of the bank’s acting managing director from Aug 1, last year.

Rosman holds a Masters of Business Administration (MBA) from Saint Louis University, Missouri and Bachelor of Business Administration from Urbana University, Ohio.

He was previously served as Bank Rakyat’s senior general manager, corporate services and a former credit officer and head of career training and development at Maybank. – Bernama