Abdul Wahab Bin Abdul Aziz started his career by joining a foreign currency broking firm in Kuala Lumpur back in 1985. He then joined three other varying financial institutions in the fields of currency exchange, corporate business marketing, corporate and consumer financial recovery, and company management before leading a private limited company that conducted money changing, wholesale banknotes, and remittance.
Later he joined a local money changing company as its Chief Operating Officer and was offered to join a Class A & D local MSB Company as its General Manager for money changing business. Soon after that, Abdul Wahab was offered by a Bahrain-based corporate company to lead its MSB Class A remittance and money exchange business operations in Malaysia.
A seasoned banker, Abdul Wahab withered two economic tumults - once in 1987 as a foreign currency broker and another in 1997 when he was a foreign currency dealer in a financial institution. The experience gathered during the crisis proves to be valuable when he was appointed Chief Operating Officer by the then Bank Islam to lead a unit in the Bank to overlook a RM2 billion distressed financing portfolio of Bank Islam Labuan Offshore. He was then entrusted with the task of rehabilitating a loss-making subsidiary of Bank Islam namely Bank Islam Foreign Currency Clearing Agency Sdn Bhd (BIFCA). He was instrumental in steering the loss-making company in a new direction by quickly implementing important strategic action plans that include initiating a better business focus, establishing alliances with foreign financial banknotes suppliers, and reorganising internal business processes to improve foreign currency banknotes delivery. His efforts resulted in a staggering record-breaking profit of RM20 million during the company’s financial year ending 2008.
Abdul Wahab was later head hunted by a money changing company to help lead a remittance company Remitmaster Sdn Bhd, which later changed its name to Max Money Sdn Bhd. His “fit and proper” status that was approved by the Malaysian Central Bank earned the company a full-fledged license to conduct money changing, wholesale banknotes, and remittance under the Money Services Business Act 2011. During its financial year of 2013, the company managed to record for the first time in its 3 years of operation, a profit of RM3 million.
He left Max Money Sdn Bhd in January 2015 to join Vital Rate Sdn Bhd, a Class C Money Services Business company as its Chief Operating Officer to help strengthen the management of the company. Later he joined a local remittance and money exchange company as its General Manager to overlook its money changing operations before being offered the position of CEO by a Class A company to manage and lead its business of remittance and money exchange.
Abdul Wahab has proven himself a natural leader and a change agent to many organisations where his knowledge, experience, and expertise are required. His vast experience in the many organisations helps corporations that he leads to add value, create opportunities, revamp business conducts, and hold good governance.