Minister Ewon Benedick said the appointment was based on his leadership qualities and extensive experience during his role as acting chairman since November 1, 2022.

“Kuskop is confident in his qualifications, experience, and credibility to carry out the responsibilities and support Bank Rakyat’s mission and vision in continuing to aid the cooperative and entrepreneurial ecosystem in line with the aspirations of Malaysia MADANI,” he said in a statement today.

Mohd Irwan was appointed as a director of the board of Bank Rakyat on July 24, 2020.

“He has over 21 years of experience in litigation, corporate and company law, and compliance management,” the bank said.

Meanwhile, Bank Rakyat CEO Hanis Osman said the management committee and all employees of Bank Rakyat welcome the appointment of Mohd Irwan as its new chairman.

“Through his extensive experience, he can lead the implementation of the 2024 business plan and the long-term strategic plan agenda.

“This will place Bank Rakyat on the right path to achieve sustainable performance while delivering the best customer experience,” he said.