# Hong Leong Bank Awarded Best Managed Bank in Malaysia by The Asian Banker, Group MD/CEO Kevin Lam Named Best Bank CEO in Malaysia

- Link: https://www.thailand-business-news.com/pr-news/hong-leong-bank-awarded-best-managed-bank-in-malaysia-by-the-asian-banker-group-md-ceo-kevin-lam-named-best-bank-ceo-in-malaysia
- Published: 2026-05-15T16:00:00+07:00
- Author: PR Newswire

KUALA LUMPUR, Malaysia, May 15, 2026 /PRNewswire/ — **Hong Leong Bank ("HLB" or 
the "Bank")** has been named the **Best Managed Bank in Malaysia **at The Asian 
Banker ("TAB") Global Leadership Achievement Awards 2026, attributed to the Bank
modernizing its digital foundation, reducing dependency on legacy tech, and focusing
on operational excellence and efficiency gains through its 3-5 year bankwide transformation
plan.

 [ ⌊Kevin Lam, HLB’s Group Managing Director & CEO [center left] receiving the awards from Patrick McHenry, former US congressman and Chair of the House Financial Services Committee [center right], alongside Emmanuel Daniel, Chairman of TAB Global [first from left] and Gordian Gaeta, International Resource Director of TAB Global [first from right].⌉ ](https://mma.prnasia.com/media2/2981042/Official_Photo__The_Asian_Banker_Global_Leadership_Achievement_Awards_2026.html)

Kevin Lam, HLB’s Group Managing Director & CEO [center left] receiving the awards
from Patrick McHenry, former US congressman and Chair of the House Financial Services
Committee [center right], alongside Emmanuel Daniel, Chairman of TAB Global [first
from left] and Gordian Gaeta, International Resource Director of TAB Global [first
from right].

Complementing this, **Kevin Lam**, **HLB’s Group Managing Director and CEO**, was
also named the **Best Bank CEO in Malaysia**, recognizing his pivotal role in orchestrating
the Bank’s transformation, including introducing a "Quantum Growth" goal that successfully
transitioned HLB into a highly integrated, AI-driven financial institution. In its
mission to deliver personalized banking solutions to its customers, the Bank implemented
a "One Bank" strategy, eliminating legacy silos in favor of a unified, cross-functional
ecosystem, which has yielded a market-leading Cost-to-Income Ratio ("CIR") that 
has consistently hovered below the 40% mark, a benchmark for operational efficiency
in the region.

This growth was achieved alongside impeccable asset quality, where HLB continues
to report a Gross Impaired Loan ("GIL") ratio of below 0.65%, significantly outperforming
the industry average and demonstrating the Bank’s foundation of robust credit risk
management and data-centric underwriting.

Reflecting on the milestone, **Kevin Lam** commented, "This recognition may seem
like a finish line, but for us it’s a catalyst for our next phase of evolution. 
Our transformation journey was about building a future-ready infrastructure where
AI and data-driven insights allow us to move from generic services to efficiently
delivering hyper-personalized financial solutions. By integrating AI into the fabric
of our bank, we are transitioning towards becoming a proactive partner. Whether 
through predictive wealth management or seamless digital onboarding journeys, our
innovation is always anchored in our **Built Around You** promise, where we look
for innovative solutions to cater to our customers’ diversified needs. Looking ahead,
we will continue to pioneer products that don’t just meet market standards, but 
anticipate the specific, evolving needs of our customers in an increasingly complex
global economy."

TAB attributed the awards to the Bank’s disciplined navigation of a complex transformation,
which has moved the institution from a position of stability to one of aggressive,
tech-led growth. A central pillar of this recognition was the "One Bank" consolidated
banking philosophy, which prioritized long-term customer outcomes through strategic
branch transformation initiatives such as launching diversified branch models that
cater to different segments of society, enabling the Bank to manage customers from
across all segments effectively. For SME customers, HLB also offers solutions across
their operations that meet the business owners’ personal banking and business banking
needs.

This is most evident in HLB’s structured lifecycle migration model for SME banking,
where growing retail SMEs are seamlessly transitioned to Commercial & Corporate 
Banking as they scale, ensuring the Bank retains holistic relationships by evolving
alongside its clients rather than losing them to legacy institutional barriers.

The Bank has also consistently championed AI integration throughout its operations,
and has recently democratised the use of AI by providing all its employees with 
access to AI tools, allowing employees to shift their focus from routine processing
toward strategic problem-solving and high-value innovation.

HLB has recently accelerated its momentum through several strategic initiatives 
aimed at deepening its customer-centric ecosystem. Within the wealth management 
segment, HLB has enhanced its regional capabilities through a landmark strategic
alliance between **HLB Private Banking and Lombard Odier**, blending global private
banking excellence with local market insights. This was further complemented by 
the refresh of **HLB Priority**, which transitioned the affluent segment toward 
an advisory-led model focused on long-term stewardship. Simultaneously, the Bank
elevated its Shariah-compliant offerings via the rebranding of **HLB Islamic**, 
introducing the Hayat @ HLB Islamic proposition to provide holistic, value-based
financial solutions. To ensure physical accessibility remains a priority, the Bank
also introduced the innovative **Meet @ HLB** branch concept, providing flexible
banking services and specialized support within the heart of Malaysia’s growing 
townships.

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  |  This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News. |

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