KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) has announced the demise of its chairman Tan Sri Azlan Zainol.

In a statement, the company said Azlan, 72, passed away at 2.40 pm today at a private hospital in Petaling Jaya, Selangor.

It said 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 of MBSB Bank Bhd.

"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 the group.

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 left no room for complacency and that was how he brought positive changes to the group and oversaw the development of the group's Sustainability Framework," he said.

 - Bernama