Malayan Banking Berhad (doing business as Maybank) is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, and Indonesia. According to the 2020 Brand Finance report, Maybank is Malaysia's most valuable bank brand, the fourth top brand in amongst the Asean countries, and ranked 70th in the world’s most valuable bank brands. Background Maybank is Malaysia's largest bank by market capitalisation and total assets and one of the largest banks in Southeast Asia, with total assets exceeding US$203 billion and having a net profit of US$1.98 billion for 2019. Maybank is also ranked 106th in The Banker's 2020 Top 1000 World Banks (as at July 2020) and is ranked 349th in the Forbes Global 2000 Leading Companies (as at May 2020). Maybank is the largest public listed company on Bursa Malaysia, the Malaysian stock exchange, with a market capitalisation of US$23.7 billion as of 31 December 2019. Maybank's Islamic banking arm, Maybank Islamic, is the largest Islamic bank in ASEAN and Malaysia in terms of assets, and was named 2020’s Global Islamic Bank of the Year by The Banker. Maybank's network spans across all 10 ASEAN nations as well as key Asian countries and global financial centres with a network of 2,600 retail banking branches worldwide with more than 43,000 employees. History Maybank was founded by Singaporean business tycoon Tan Sri Khoo Teck Puat (who died in 2004) & Oei Tjong Ie. The company was led by President and CEO Tan Sri Amirsham Abdul Aziz from 1994 until March 2008 after which he was appointed Minister in the Prime Minister's Department in-charge of the Economic Planning Unit, a post he held until April 2009. Tan Sri Abdul Wahid Omar was President & CEO of Maybank Group from May 2008 to June 2013. On 1 May 2022, Dato' Khairussaleh Ramli was appointed as President & CEO of Maybank Group. Timeline 1960 – Maybank is incorporated on 31 May and begins operations in Kuala Lumpur on 12 September. Malayan Finance Corporation (later Maybank Finance) is established, the first wholly bank-owned finance company. Maybank’s first overseas branch opens in Brunei on 28 November. Branches are also opened in Singapore. 1962 – Listed on the Kuala Lumpur Stock Exchange. Hong Kong and London branches opened. 1973 – Forms own investment banking arm, Aseambankers Malaysia Berhad (Asian & Euro-American Merchant Banking (Malaysia) Berhad) 1977 – Mayban-Phoenix Assurance Bhd is incorporated offering underwriting