MBSB chairman Azlan passes away


“Widely known for his firm and result-oriented leadership style, Azlan implemented successful initiatives at MBSB, including the sustainability framework that was completed in the third quarter of 2022,” said MBSB.

PETALING JAYA: Malaysia Building Society Bhd’s (MBSB) chairman Tan Sri Azlan Zainol, who was also the former CEO of the Employees Provident Fund (EPF), has passed away. He was 72.

In a statement yesterday, MBSB said Azlan passed away at a private hospital in Petaling Jaya at 2.40pm.

He is survived by his wife, Puan Sri Laili Hassan, four children and six grandchildren.

“Widely known for his firm and result-oriented leadership style, Azlan implemented successful initiatives at MBSB, including the sustainability framework that was completed in the third quarter of 2022,” said MBSB.

Azlan helmed the group since March 2021, bringing with him over 30 years of banking experience with a strong background in accountancy.

He was also the chairman for MBSB Bank Bhd.

Azlan was a Fellow of the Institute of Chartered Accountants (England and Wales), Certified Public Accountants Malaysia and a member of the Malaysian Institute of Accountants.

Throughout his career, Azlan had served over 12 companies in various capacities from managing director, board member to chairman.

Prior to joining MBSB, Azlan was the CEO of the EPF for 12 years before retiring in April 2013.

He also held positions as chairman of RHB Bank Bhd for 16 years from 2005 to 2021 and was managing director of AmBank Bhd from 1994 to 2001.

Expressing his sympathy, MBSB group chief executive officer Datuk Nor Azam M. Taib said Azlan was a respected figure in the banking industry and carried a wealth of expertise in banking and business strategy.

“MBSB Group is privileged to have had his guidance and executive leadership,” he said in a statement.

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