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RETAIL BANKING | Tony Chua, Malaysia
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Maybank names Michael Foong Seong Yew as Chief Strategy Officer

The ex-managing director of Accenture PLC’s management is tasked to oversee the group’s corporate development office.

Malayan Banking Group Bhd, Malaysia’s largest lender by assets, appointed Michael Foong Seong Yew as chief strategy and transformation officer. 

Foong, 43, was formerly managing director of Accenture PLC’s management consulting practice in Malaysia, Malayan Banking said in a statement Thursday. He will oversee the Kuala Lumpur-based banking group’s corporate development office, which covers merger integration and special projects, it said in a report in Business Times.

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