Profile of Directors and Senior Management

Directors and Senior Management


U Zaw Zaw


Founder and Chairman


U Zaw Zaw is the founder and Executive Chairman of Ayeyarwady Bank, a role that he had held since the inception of the Bank in 2010. He is an established and well – connected entrepreneur and business leader in Myanmar, with 20 years of management experience. U Zaw Zaw graduated from the University of Yangon in 1988 with the major in Mathematics and had worked in Japan for several years. He returned to Myanmar in 1995 and managed Max Myanmar Company, which is now known as Max Myanmar Group of Companies, a major conglomerate.

U Zaw Zaw is also the Chairman of the Myanmar Football Federation (MFF) since 2005 and is a fund believer of contributing to the society and helping the needy. Through the Ayeyarwady Foundation, he has donated to various philanthropic causes and carried out numerous cooperate social responsibility activities. He has also donated generously for the development of soccer in Myanmar.


Daw Htay Htay Khaing


Co-Founder and Vice-Chairman


Daw Htay Htay Khine has been the Vice-Chairman of the Board of Directors since the Bank’s inception in 2010. Daw Htay Htay Khine, who holds the Bachelor of Science in Mathematics awarded by the University of Yangon, also plays an active role as a Vice-Chairperson with the Myanmar Women Football Association and as a Trustee with the Myanmar Women Sports Association.


U Khin Maung




U Khin Maung started out as the Managing Director of Ayeyarwady Bank since inception in July 2010 and handed over his duties to U Than Zaw in May 2011 and has since served as a Senior Consultant to the Bank.  In July 2013, he was appointed as a Director and Vice-Chairman to the Board.

U Khin Maung’s wealth of banking experience spans over 51 years. He had held various key positions in the State Commercial Bank and Myanmar Economic Bank before moving on to Myanmar Investment and Commercial Bank( MICB) . U Khin Maung worked in MICB for  eight years and last held the position of Managing Director , before moving on to Myanmar Mayflower Bank in the same role . U Khin Maung’s illustrious resume also included acting at the Chairman for the Board of Management and the Credit Committee in MICB and as a Board Member for the Foreign Exchange Management Board and the Coordination Committee in the Central Bank of Myanmar. He is also a Board Member for the Loan Committee in the Ministry of Finance and Revenue.


U Phyo Aung


Managing Director


U Phyo Aung was first appointed as the Manager of Business Development at Ayeyarwady Bank since its inception and gradually served as the Head of Business Division, and was appointed as the Managing Director in 2013.

U Phyo Aung was graduated with a Bachelor of Science (Honors) in Banking and Finance, awarded by the London School of Economics & Political Science, University of London. Prior to Ayeyarwady Bank, U Phyo Aung had held various positions in the service industry, both locally and overseas, bringing to the Banking his international exposure and service experiences.


U Than Zaw


 Executive Director


U Than  Zaw served as the Managing Director to Ayeyarwady Bank from 2011 to 2013 and during his tenure, he has led the fledging Bank to grow its brand and network in Myanmar. He now heads a new insurance company as a Managing Director and remains as a Executive Director of the Board at the Bank. U Than Zaw’s vast experience includes eight-year tenure with the Olympics Committee as a Treasurer and another two years as the Chief Executive Officer of the Myanmar Football Federation.


Daw Khin Ma Ma


 Executive Director


Daw Khin Ma Ma was appointed as the Deputy Managing Director of Ayeyarwady Bank in 2012 and was also appointed as an Executive Director of the Board in 2013. Daw Khin Ma Ma brings along with her a wealth of experience gained through her 17 years of career in a service industry. With her passion for delivering quality service, she has brought the quality of service offered in all the Bank’s branches to a higher level. She is also overseeing the human resources matters and providing guidance for the capacity building of the staff.


U Min Sein


 Non-Executive Director


U Min Sein is accomplished lawyer who is an Advocate of the Supreme Court and a Certified Public Accountant and has been practicing law since 1972. He is the Managing Partner of U Min Sein Law Firm (Yangon), a member of Asia Law Alliance, in association with Christopher Bridges (Singapore). Within his illustrious Curriculum Vitae, he has served as legal advisor to the Italian Thai Public Company, the Embassy of the Republic of France, World Vision, Myanmar Brewery Company Limited, Toyota Tsusho Company


Professor Dr. Aung Tun Thet


 Non-Executive Director


Professor Doctor Aung Tun Thet was appointed as a Non-Executive Director with Ayeyarwady Bank in 2013, offering advice in areas of Management, Human Resource and the Bank’s Corporate Social Responsibility activities. Professor Doctor Aung Tun Thet is distinguished International and National Civil Servant who has served in the United Nations as well as the Myanmar civil service. He is currently a visiting Professor at the Yangon Institute of Economics and Yangon University. He acts as a management consultant in areas of Management, Leadership, Human Resources, Organisational Development and Corporate Governance for various companies. He is also an advisor for the Government sector, for the business community and the civil society. Professor Dr. Aung Tun Thet is a leading advocate of Corporate Social Responsibility (CSR) in Myanmar.


Dr. Tin Latt


 Non-Executive Director


Dr. Tin Latt was appointed as a Non-Executive Director of Ayeyarwady Bank in 2013. Dr. Tin Latt is a FCCA, ACMA and CPA-qualified accountant with more than 18 years of professional experience. He is also the owner and the Managing Director of Management & Accountancy Training Limited, which provides professional and vocational training courses in conjunction with international Professional Accountancy bodies such as ACCA and CIMA, and the Managing Partner of MAT Audit and Professional Services.

Dr. Tin Latt is a Certified Public Accountant of Myanmar and Chatered Accountant of Singapore and has completed many international professional services engagement in co-operation with Ernst & Young LLP Singapore. Dr. Tin Latt has been working as a visiting lecturer for CPA classes at the Myanmar Accountancy Council and is also a Central Executive Committee member of the Myanmar Institute of Certified Public Accountants.

Moo Sun

Mr. Moo Sun


 Chief Operating Officer


Mr. Moo Sun was appointed as a Chief Operation Officer in Ayeyarwady Bank in December 2010. Having 30 years of service in the banking industry, Mr. Moo Sun is an experienced banker with considerable exposure in various facets of retail and commercial banking. He began his career in Malaysia and has since have had extensive regional coverage in banking throughout Vietnam and Cambodia.

Mr. Moo Sun currently guides Ayeyarwady Bank’s operations and spearheads the international banking business unit of the Bank.





Azeem has 30 years of diversified international experience of Banking and Private Equity Investments; 20+ years with HSBC, Citibank and Société Générale; 15+ years at Board, CEO, CFO and General Management levels; Started & transformed banking businesses and family owned conglomerates in Africa, South and South East Asia, Middle East and North America. Azeem has led more than half a dozen Change Delivery and Enterprise Architecture redesign exercises as part of business transformation for banks, integrating business and technology strategies to drive organizational transformation.




Mr. Vincent Tan Cheh Soon

Deputy Managing Director

Mr. Vincent Tan Cheh Soon was appointed as a Deputy Managing Director (Head of Business Division) of AYA Bank in 2013 and is in-charge of building the card business as an integral part of the core business of the Bank.

Mr. Vincent Tan has more than thirty years of relevant working experience in the credit card and payment solution industry with extensive knowledge of both issuance and acquiring business. He has also held several leadership roles in marketing, portfolio management, product development, customer analytics, customer acquisition, loyalty programs and merchant acquisition, as well as Head of Unsecured Loans at DBS Bank Singapore. His last position at DBS Bank was Managing Director and Head of Cards and Unsecured Loans.

U Ko Ko Oo,Deputy Managing Director2

U Ko Ko Oo

Deputy Managing Director

U Ko Ko Oo was appointed as the Deputy Managing Director of AYA Bank in 2014. Previously, he was a General Manager since the bank earned its banking license from the Central Bank of Myanmar in 2010. He has extensive working experience of strategic studies and International Relations. He has been working in General Management for over 15 years in various capacities and is currently leading the aggressive Branch Expansion Program of the Bank.


U Min Wint Oo2

U Min Wint Oo

Deputy Managing Director

U Min Wint Oo is the Deputy Managing Director and Head of IT at AYA Bank. He is a strategic thinker and the main driving force for the bank’s IT system and infrastructure, which is behind AYA Bank achieving best in class operational performance. For over 20 years, he has continuously contributed to enable Myanmar use IT to make transformational changes.

David Wang,deputy managing director(corporate banking department)2

Mr.David Wang Soe Lin,

Deputy Managing Director

Mr. David Wang first worked with AYA Bank in 2010. He was part of the pioneer team when the Bank was first established. He played a key role in establishing the initial correspondent banking relationships with international financial institutions. Subsequently he worked as an investment manager for a Singapore government linked private equity investment firm and specialized in growth capital and mezzanine financing to companies in Southeast Asia and China. Mr. David Wang also worked with Deloitte Singapore M&A Transaction Services where he was involved in advising cross border M&A deals in South East Asia. Currently, he oversees the bank’s Corporate Banking Division where his team of relationship managers advise both local and international clients on financial and investment solutions tailored for the Myanmar market. He received his Bachelor of Science (Hons) in Business Administration from University of London.

Daw May Myat Thu,Head Of Human Resources2

Daw May Myat Thu

Deputy Managing Director

Daw May Myat Thu is a Deputy Managing Director of AYA Bank, overseeing the Human Resource Department of the Bank and also heads the Corporate Affairs for the whole AYA Financial Group. She has been with the Bank since May 2012 after she returned from Singapore. Daw May Myat Thu holds a Bachelor of Science (Hons) degree in Economics and Management, awarded by the London School of Economics and Political Science.

During her tenure with the Bank, she was also assigned to temporarily head the insurance arm of the Financial Group, AYA Myanmar Insurance as an MD for (6) months. May initiated the Bank’s membership to United Nations Global Compact and has been an active steering person for AYA Financial Group’s CSR activities.