MBSB Group appoints Kuldeep Singh as Head of Wholesale Banking

 


MBSB  Group  is  pleased  to  announce  the appointment of Kuldeep Singh as the Group’s Head of Wholesale Banking. 

Kuldeep brings with him a distinguished career spanning over 20 years in Wholesale Markets. 

He  began  his  journey  in  Malaysia  and  has  since  held  senior  roles  at  the  country, regional, and global levels with Citigroup. 

Throughout his career, Kuldeep has been widely  recognized  for  his  expertise  in  product  innovation,  profitable  macro  risk management,  reengineering  global  FX  business  practices,  and  spearheading proprietary fintech investment in the region. 

His responsibilities have extended across various markets, including Hong Kong, ASEAN, Bangladesh, Sri Lanka, Singapore, Jakarta, London, and New York. 

Kuldeep has also had extensive interactions with senior regulators worldwide and is highly sought after for his deep understanding of macroeconomic environments and their implications for financial markets. 

He has actively advocated for the development of capital markets through his appointments to industry bodies, including serving as an ExCo member with the Asia Securities Industry and Financial Markets Association (ASIFMA) and the Treasury Markets Association of Hong Kong. 

In  his  new  role  at  MBSB  Group,  Kuldeep  will  oversee  the  Group’s  Wholesale businesses  across  MBSB  Bank  and  MIDF,  which  include  Investment  Banking, Financial  Markets,  Corporate  Banking,  and  Asset  Management.  

His  focus  on unlocking value will leverage the unique DNA of MBSB Group, which has deep roots in developmental finance across all three verticals: Personal Finance, Wholesale and SME  Banking,  and  Investment  Banking.  

This  extensive  responsibility  underscores MBSB’s ambition to provide cutting-edge, integrated, and seamless solutions for the Corporate Banking space in Malaysia and beyond. 

Rafe Haneef, Group Chief Executive Officer of MBSB, remarked, “We are excited to have  Kuldeep  on  board.  His  wealth  of  experience,  coupled  with  his  innovative approach to wholesale banking, aligns perfectly with our vision for the future. 

"Our long-term ambition for the group is to deliver double-digit Return on Equity, and to achieve this, we need to focus on delivering a comprehensive suite of solutions to our clients.” 

With this and our recent appointments, MBSB is now well-positioned to accelerate the FLIGHT26  Transformation  Programme,  which  is  aimed  at  driving  synergies  and realizing transformation goals.

Jiwa Merdeka

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