Former MAG chief Izham Ismail appointed to Maybank board

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has appointed former Malaysia Aviation Group (MAG) group managing director and airline group chief executive officer Datuk Captain Izham Ismail as an independent non-executive director effective Nov 15.

Maybank announced the appointment in a Bursa Malaysia filing today.

Izham, 65, led MAG as group managing director and airline group CEO from 2017 until 2026, retiring from the airline group on Jan 31 this year.

A veteran of Malaysia’s aviation industry, he joined Malaysia Airlines as a pilot in 1979 before moving into a series of senior operational and management roles.

Among his previous positions were chief revenue officer from 2019 to 2023, group chief operations officer between 2016 and 2017, and chief executive officer of MASwings Sdn Bhd in 2016.

His appointment brings extensive aviation, operational and corporate leadership experience to the board of Malaysia’s largest banking group.

According to the filing, Izham does not hold any other directorships in public companies or listed issuers and has no interest in Maybank securities.

The appointment comes as Maybank navigates a softer earnings performance in the first half of its 2026 financial year.

For the six months ended June 30, 2026, Maybank’s net profit edged down to RM5.17 billion from RM5.22 billion in the corresponding period a year earlier.

Revenue fell 8.7 per cent to RM30.99 billion, compared with RM33.95 billion previously