Noripah Kamso appointed new chairman of Bank Rakyat

New Bank Rakyat chairman Noripah Kamso.

PUTRAJAYA: Former CIMB Islamic adviser Noripah Kamso has been appointed the new chairman of Bank Rakyat.

The appointment, with immediate effect, was announced by Entrepreneur Development Minister Mohd Redzuan Yusof in a statement today.

Noripah is also former CEO of CIMB-Principal Islamic Asset Management Sdn Bhd.

She replaces Shukry Mohd Salleh who was removed on Nov 26 due to his involvement in the original audit report of 1MDB.

Redzuan said Noripah was a board member of BIMB Investment Management Bhd and Top Glove Corporation Bhd, and chairman of the Islamic Finance Industry Council, Malaysia US Chamber of Commerce based in Washington DC.

She is also former president of the Malaysian Futures Brokers Association.

Redzuan also announced the appointment of ministry secretary-general Wan Suraya Wan Mohd Radzi as a Bank Rakyat board member with immediate effect.

He said the appointment of the other new board members would be announced as soon as it was finalised.