Carolyn Leng Head of Maybank Private Malaysia, Wealth Management A pioneer of Malaysia's Private Banking sphere with over 20 years of experience, Carolyn Leng is a leading authority in the country's wealth management industry. Carolyn is currently the Head of Maybank Private in Malaysia and is responsible for driving the strategic growth of the high net worth business segments for the Bank in Malaysia, while accelerating its regional expansion. This involves talent and infrastructure development, as well as formulation of impactful business strategies to deliver wealth management solutions to meet clients' financial requirements in Malaysia, and abroad. Since joining Maybank in 2019, Carolyn has been laser focused on growing Maybank Private's customer base and assets under management (AUM). Within her first year at the helm, she has successfully grown the domestic AUM by 42% as well as developed and trained a robust regional sales force of over 60 client advisors. Prior to joining Maybank Private, Carolyn was attached to CIMB Private Banking since its launch in 2002, with the last position held being Head of Private Banking in Malaysia. During the tenure, Carolyn had built and led teams to drive client relations, as well as expanded the Private Banking business by establishing presence in four new states - Penang, Sarawak, Sabah and Johor. She had also served at unit trust and mutual fund companies namely CIMB Principal Asset Management in Malaysia, and Templeton Management Limited, one of Canada's largest mutual funds, where she managed sales for the provinces of British Columbia and Alberta. Carolyn graduated with a Bachelor of Arts Degree (Hons) in Economics from the University of Toronto and has completed various Financial Planning courses.
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Malaysia – An Update on the Wealth Management Market’s Evolution Malaysia is nowhere near as populous as its ASEAN neighbours such as Thailand, Vietnam, Indonesia or the Philippines. But the economy and the financial markets are well advanced, and there is immense private wealth, much of it historically managed through Hong Kong, Singapore or further afield in Eu....
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