Mohd Radzif leaves SME Bank
Under Mohd Radzif's (pix) leadership, SME Bank was showered in accolades, winning 23 local and international awards. - Filepic
Datuk Mohd Radzif Mohd Yunus, SME Bank’s Group Managing Director (MD) bade farewell to the development bank after deciding not to continue with his contract, which expires on June 30 this year.
He joined the bank in July 2010. Prior to that, he was the Chief Executive Officer (CEO) of the National Heart Institute from 2003 to 2010. From 2001 to 2003, he was the CEO of TH Properties.
During his seven year stint at SME Bank, he successfully turned around the SME lender by recouping its losses and raised its Shareholders’ Fund to RM1.43 billion in 2016 from RM765 million in 2010.
He was the chief architect in the Five-Year Transformation Roadmap (2010-2015) with key objectives of bringing SME Bank to greater heights.
He also saw SME Bank introducing its maiden RM3 billion Sukuk that revamped the funding structure of the organisation by empowering the SME ecosystem and flushing more funds to aid SMEs.
Under his leadership, SME Bank was showered in accolades, winning 23 local and international awards. SME Bank was admitted into The Montreal Group (TMG) global forum for state-owned development banks focused on assisting small and medium enterprises.
At press time, SME Bank has not notified on who his replacement will be.
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