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PETALING JAYA: Standard Chartered Malaysia (StanChart) has appointed Mak Joon Nien as managing director and chief executive officer (CEO), effective Aug 18.

The bank, in a statement, said Mak will report to Patrick Lee, Cluster CEO, Singapore and Asean markets.

He succeeds Abrar A Anwar, who has been CEO of Malaysia since 2017. Abrar will remain as board member of StanChart until the end of the year to ensure a smooth and orderly transition. He will also be supporting several regional initiatives within the bank.

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Mak brings a diverse depth of banking knowledge, having held several positions in StanChart’s regional merger and acquisition, and leveraged finance businesses in Singapore.

Meanwhile, the bank has appointed Patricia Wong to succeed Mak as head of client coverage CCIB Malaysia.

She will be double-hatting as regional head of global subsidiaries (GS), Asean.

Wong joined the bank in 2000 and since then, has accumulated extensive experience in corporate banking across its network including China, Malaysia and Qatar.

Prior to returning to Malaysia, Wong was based in Shanghai covering her role as regional head of GS, Greater China and North Asia.