Bank Islam's CEO Steps Down: Mizan Masram to Take Over
Bank Islam's Group CEO Dato' Mohd Muazzam Mohamed will step down on 12 December 2025, with Mizan Masram, Group Chief Business Officer for Retail Banking, taking over as officer-in-charge from 13 December 2025. Tan Sri Dr Ismail Haji Bakar, the Chairman, expressed gratitude for Dato' Mohd Muazzam's service.
Dato' Mohd Muazzam has served as Group CEO since 2018, overseeing significant growth in Bank Islam's total assets from RM64 billion in 2018 to over RM100 billion. Under his leadership, the bank's restructuring in 2021 made it the only standalone Islamic bank listed on Bursa Malaysia's Main Market. He also led the bank's digital transformation, including the launch of Be U, a cloud-native mobile banking app. His resignation, effective 7 January 2026, follows a notice period during which he will support Mizan Masram in the transition. The board has begun the process of identifying a successor for Dato' Mohd Muazzam.
Dato' Mohd Muazzam's departure marks the end of an era of growth and transformation at Bank Islam. Mizan Masram, with his retail banking background, is set to take the helm, with the support of the outgoing CEO during the transition period.
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