Affin's private banking arm wins Asia-Pacific award as assets surge 38pct
KUALA LUMPUR: Affin Group’s private banking arm, Affin Diventium, has been named Outstanding Private Bank Asia Pacific at the Private Banker International Global Wealth Awards 2026, just two years after its launch.
Affin Group's private banking division, Affin Diventium, has been honored with the Outstanding Private Bank Asia Pacific award at the Private Banker International Global Wealth Awards 2026. This accolade follows the private banking unit's rapid growth, with assets under management rising 38 percent to RM2.2 billion as of June 2026, up from RM1.6 billion a year prior.
Affin Group president and CEO Datuk Wan Razly Abdullah expressed pride in the achievement, citing the group's goal of delivering top-tier private banking services. Affin Diventium caters to business owners, entrepreneurs, and multi-generational families, offering customized wealth management strategies. The bank enhances client relationships through partnerships in lifestyle and hospitality, such as motoring, golf, and luxury yachting events.
In August 2026, Affin broadened its collaboration with Indonesia's PT Bank Central Asia Tbk, aiming to provide expanded services for clients in both nations. Additionally, a partnership with Marriott Bonvoy offers selected private banking clients lifestyle benefits, including a three-day, two-night stay at The St Regis Langkawi.
The latest award joins Affin Group's other regional recognitions, including its inclusion in Fortune Southeast Asia 500 for three consecutive years. Affin Group CFO Joanne Rodrigues was also named among Fortune's Most Powerful Women Asia 2026 for the third consecutive year. Affin's private banking expansion aligns with its AX28 Plan, which emphasizes customer service, digital innovation, and responsible banking.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.