The bank declined to comment on the contract extension when contacted. Solid Financial Trajectory Amid Leadership Change Under Khairussaleh's leadership, Maybank has achieved consistent earnings growth. Net profit rose by 17.4% to RM9.35 billion in FY2023 and further increased by 7.9% to RM10.09 billion in FY2024 — marking a record high for the group. Return on equity (ROE) improved steadily from 9.6% in FY2022 to 11.1% in FY2024, putting the bank on track to meet its M25+ target of 11%-12% ROE in 2025. Despite the robust performance, Maybank drew investor attention earlier this year following the abrupt departure of Group Chief Financial Officer Khalijah Ismail. The bank cited "non-compliance with internal requirements and processes" as the reason, clarifying that no financial losses were incurred. However, some analysts expressed concerns over governance practices. Khalijah, who denies any wrongdoing, is reportedly taking legal action against the bank.