AEON Bank (M) Berhad, Malaysia’s first digital Islamic bank has officially announced the appointment of Mohammad Ridzuan Abdul Aziz as the new Chief Executive Officer (CEO), effective 22 May 2026.

Prior to this, Ridzuan served as the Independent Non-Executive Director of AEON Bank from February 2023 until February 2026, and effective 1 April 2026, he was appointed as AEON Bank’s Officer-in-Charge. Since the Bank’s pre-ORR (Operational Readiness Review) and pre-launch phase until now, Ridzuan has been instrumental to AEON Bank’s digital banking journey.

An entrepreneurial leader with three decades of experience across the industry, including financial tech, digital investment, insuretech, market regulations and compliance governance, Ridzuan is also the co-founder of multiple fintech companies. Throughout his career, he has served in various roles, including with the Bursa Malaysia and Securities Commission Malaysia. He is currently an Advisory Board Member of the Fintech Association of Malaysia, Independent Non-Executive Director of the Malaysian Rating Corporation (MARC) and Industry Advisory Panel of several universities in Malaysia. Previously, he was a government-appointed member of the Malaysia Innovation Policy Council (MIPC) and an Independent Non-Executive Director of DearTime Berhad.

AEON Bank’s Board of Directors are optimistic about Ridzuan’s business stewardship and strategic capability in leading the Bank, citing his diverse background in corporate finance, regulatory compliance, risk governance, cybersecurity, anti-money laundering (AML), counter-terrorism financing (CTF), e-KYC, e-KYB, client due diligence (CDD), as well as fintech and regtech sandbox frameworks.
 

The Board also expressed their appreciation of the former CEO, YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz for her leadership during the Bank’s foundational first two years and her role in launching and establishing AEON Bank as the first digital Shariah-compliant bank in Malaysia.

Anchored by his robust vision for the future of digital banking, Ridzuan is set to lead the Bank’s next phase of growth, accelerating its commitment in providing accessible financial solutions, while cultivating a more inclusive financial future for all. AEON Bank will continue to contribute towards fostering the development of the nation’s digital economy and fintech industry across the region.