Datuk Seri Ahmad Zaini Othman - CEO MBSB, has passed away after battling with Covid-19 complications.

MBSB group president Ahmad Zaini passes away due to Covid-19
THE STAR
Sunday, 15 Aug 20213:18 PM MYT




Visionary leader -- The late Datuk Seri Ahmad Zaini Othman, had under his leadership as group president and chief executive officer of Malaysia Building Society Bhd and its group of companies, transformed a non-bank financial institution by restructuring and turning around its financial standing into a profitable organisation.


KUALA LUMPUR: Group president and chief executive officer of Malaysia Building Society Bhd and its group of companies, Datuk Seri Ahmad Zaini Othman, has passed away after battling with Covid-19 complications.

MBSB said in a statement on Sunday he took his last breath at 1.46am at KPJ Selangor Specialist Hospital. He was 64.


MBSB described Ahmad Zaini as a visionary leader with four decades of banking experience and was appointed to helm MBSB - the financial holding company of MBSB Bank Bhd -- on Feb 26, 2009.

Under his leadership, he has transformed a non-bank financial institution by restructuring and turning around its financial standing into a profitable organisation.


He successfully concluded the merger deal between MBSB and Asian Finance Bank. The merger, which was also granted an acquisition approval, that made it possible for MBSB to fully own MBSB Bank Bhd, in 2018.