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Rafiza Ghazali To Helm KAF Investment's Digital Islamic Bank As Its CEO


Photo Credit: KAF Investment Bank

Following Cradle Fund’s announcement that Rafiza Ghazali would be stepping down from her position as Group CEO, KAF Investment Bank has appointed her as its chief executive officer designate in leading its digital islamic bank.


According to a statement from the bank, Rafiza will initially be joining them as part of the digital bank project team pending the incorporation process of the digital bank entity.


Speaking on the occasion, Thariq Usman Ahmad, Deputy Chief Executive Officer of KAF Investment Bank, expressed his elation in having Rafiza to head the digital banking leadership team “given her wealth of experience in both the private and public sectors.”

“Her extensive foundation in banking as well as her involvement in innovation, particularly with the Malaysian FinTech community, will be a huge asset in the building of KAF’s digital banking partnership platform.”


In her new role, Rafiza brings with her an expertise that significantly spans across the financial industry from Danaharta to RHB Investment Bank, where she oversaw information technology, investment operations, corporate planning, finance, and treasury settlement.


She has also served with Bank Negara Malaysia, Thomson Reuters and Cagamas before her role at Cradle Fund Sdn Bhd, where she was instrumental in leading its transformation into a startup ecosystem builder and the agency responsible for managing the development of the Malaysian Startup Ecosystem Roadmap.

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