Transforming Bank Islam's digital architecture, embracing open finance to better serve customers
Photo: New Straits Times
KUALA LUMPUR: The appointment of Melvin Ooi, the former chief executive officer (CEO) of Ryt Bank – one of the earlier digital banks in Malaysia – as the chief technology and transformation officer (CTTO) of Bank Islam shows the bank's aggressive push towards digitalisation.
From the original report
Ooi noted that transforming a 43-year-old legacy bank's digital architecture poses a unique challenge compared to starting a digital bank from scratch.
The architectural mandate requires continuous delivery so that customers experience immediate benefits rather than waiting years for a massive system overhaul, he said.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at New Straits Times
New Straits Times
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About this story
- Source
- New Straits Times
- Originally published
- Oct 4, 2026
- Updated here
- Oct 5, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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