President/CEO Wan Mohd Fadzmi leaves Agrobank

Agrobank in a statement said the bank’s Chief Finance Officer, Masaat Awadz, would be covering the duties and roles of President/CEO as the board embarked on a search for Wan Mohd Fadzmi’s successor.

Prior to his appointment as the bank’s President/CEO, Wan Mohd Fadzmi has vast banking experience, working in major financial hubs such as London, New York and Hong Kong for more than 15 years.

At Agrobank, he embarked on a five-year transformation programme which was developed to focus on strengthening the bank’s foundation and core businesses of serving the agriculture sector particularly the unserved and undeserved community.

“As a result of the transformation, Agrobank has made significant milestones, among others, revamping processes and procedures for better efficiency, reducing the non performing finance to single-digit and developing more innovative financial products and services, relevant to the agriculture community,” it said.

Last year, Agrobank recorded a remarkable growth of 16.9 per cent with total financing value hitting RM8.7 billion despite the global economic condition.

“This impressive performance is also one of the best achievements for Agrobank over the years,” it said.

Under Wan Mohd Fadzmi’s leadership, Agrobank received numerous international recognitions particularly in the area of financial inclusion and Islamic finance development while Wan Mohd Fadzmi was also named CEO of the Year twice – in 2016 by the Global Islamic Finance Awards and 2017 by the Association of Development Financing Institutions in Asia and the Pacific.