◉ HEADLINES

GXBank CEO Pei-Si Lai promoted to GXS Bank group chief

Kaushik Chowdhury to take over as new GXBank CEO in Malaysia as Lai succeeds retiring group chief Muthukrishnan Ramaswami

6:40 PM MYT

 

KUALA LUMPUR — Pei-Si Lai, current chief executive officer (CEO) of GXBank in Malaysia, will take over as group CEO of GXS Bank effective June 1.

The digital bank announced the leadership transition in a statement today, following the upcoming retirement of current group CEO, Muthukrishnan Ramaswami.

“Succeeding Lai as the CEO of GXBank in Malaysia is Kaushik Chowdhury, the current deputy CEO and chief commercial officer (retail).

“He will be supported by Hildah Hamzah, who will take on the role of deputy CEO and chief operating officer, along with the existing management team,” it said.

Lai led the successful launch of GXBank in November 2023, with the bank gaining over one million customers within its first year. — May 14, 2025

Topics

 

◉ Popular

Schools may close if air quality worsens, five areas hit unhealthy levels: DOE

The department said the areas recorded unhealthy API readings, warns of RM1mil fine for open burning offenders

Malaysia Airlines, SIA join rush to cancel Middle East flights as Iran-US-Israel strikes escalate

More countries announce airspace closures as carriers suspend flights on Feb 28 and March 1, passengers reminded to check for updates on subsequent flights

Melaka schools to reopen on Oct 12 as API readings fall below 100

Air quality readings at all three monitoring stations in the state remain in the moderate range, with parents advised to monitor their children's health

◉ Related