Directors and Senior Management
U Zaw Zaw
Founder and Chairman
U Zaw Zaw is a successful business magnate and Founder and Chairman of AYA Bank. He is graduated from the University of Yangon with a major in Mathematics. With a combination of overseas experiences and personal strength, U Zaw Zaw founded Max Myanmar Company in 1995 and AYA Bank in 2010. His achievements include steering the management and growth of AYA Financial Group and Max Myanmar Group of Companies, major conglomerates in Myanmar. He is an established and well-connected entrepreneur and business leader in Myanmar, with over 25 years of management experience.
He is currently serving as the President of the Myanmar Football Federation since 2005 and Vice- President of Asian Football Confederation (AFC). He relentlessly provides both funding and effort for the development of soccer in Myanmar. As a firm believer of contributing to the society and helping the needy, he has supported various philanthropic causes through the Ayeyarwady Foundation, including the Yankin Children Hospital, Ayeyarwady Covid-19 Center, and a wide range of corporate social responsibility initiatives nationwide.
Daw Khin Saw Oo
Daw Khin Saw Oo, a veteran banker of over 40 years of experience in monetary and financial sector, is the Executive Chairman and a member of the Board of Directors of Ayeyarwady Bank (AYA Bank Ltd.). She held the position of Vice-Chairman since she joined the AYA Bank in 2018. She is one of the driving forces of AYA Bank’s move towards a more accountable, responsible, and transparent organization. Her visionary leadership and zealous efforts resulted her in re-designation as the Executive Chairman of AYA Bank in May 2021.
She was formerly, the Deputy Governor of the Central Bank of Myanmar and retired in July 2017. She had the professional experience as a Technical Assistant to the Executive Director in the South-East Asia Voting Group Office, International Monetary Fund (IMF). She had the vast exposure to numerous ASEAN and International financial platforms during her Deputy-Governorship at the Central Bank of Myanmar. She has been selected as the Chairperson of the Myanmar Banks Association for two years term starting from May 2021.
She holds a master’s degree in International Affairs (Economic Policy Management) from Columbia University of New York, U.S.A. She got her bachelor’s degree of Economics (Mathematical Statistics) and a Diploma in Economic Planning from the Institute of Economics, Yangon.
U Than Zaw
U Than Zaw is a member of the Board of Directors of AYA Bank and presently holds the position of Vice-Chairman. He was appointed as the Managing Director to AYA Bank from 2011 to 2013. During his tenure, he has led the fledging Bank to grow its brand and network in Myanmar. He also heads AYA Sompo Insurance as a Vice-Chairman. 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. He is instrumental in strengthening systems and procedures by taking initiatives. U Than Zaw has been giving the guidance at Board level regards to policies, practices to ensure the bank in full compliance with stipulated laws and regulations.
Daw Htay Htay Khaing
Daw Htay Htay Khaing has been the Co-Founder and Vice-Chairman of the Board of Directors since the Bank’s inception in 2010. Daw Htay Htay Khaing had completed a Bachelor of Science in Mathematics awarded by the University of Yangon.
She demonstrated the high degree of commitment to the growth of AYA Bank. Her accolades do not stop here. She has contributed extensively to the welfare of women in various sectors and plays active roles as a Vice-Chairperson with the Myanmar Women Football Association and as a Trustee with the Myanmar Women Sports Association.
U Myint Zaw
U Myint Zaw has been appointed as Managing Director of AYA Bank in 2017. He was graduated with B-Econ (Economics) and received Master of Public Administration (MPA) as well. He held various senior positions in Advertising and Marketing for well-established and reputable international and local companies in private sector.
His professional background comes from over 25 years of working experience in different industries for Agriculture, Advertising, Commodity Future Market, Beverage and Soft Drink Industry, Telecommunications and Education. Before joining AYA Bank, U Myint Zaw founded Professional Marketers Association (PMA) and developed Ground Solution Company that provided management and consultancy services.
His strong knowledge of marketing and operations in theory and practice rendered invaluable service for the bank. He has proven track record of delivering business impact and optimization of marketing that brings up sustain a strong corporate culture and promoting the service quality.
Daw Khin Ma Ma
Daw Khin Ma Ma has been appointed as Executive Director of AYA Bank in 2013. She was appointed as Deputy Managing Director in 2011. She obtained the Bachelor of Science degree from University of Yangon.
Daw Khin Ma Ma brings along with her a wealth of experience gained through her 17 years in the service industry. With her passion for delivering quality service, she has improved services providing in all branches to a higher level. She plays a pivotal role in human resources management, provides guidance for talent strategy, and leads in all aspects of human resources.
Professor Dr. Aung Tun Thet
Independent Non-Executive Director
Prof. Dr. Aung Tun Thet was appointed as Independent Non-Executive Director of AYA Bank in 2013, providing specialist advice in in areas of Corporate Governance, Management, Human Resource and Corporate Social Responsibility (CSR) activities.
During his career, he built a wealth of working experience as a distinguished International and National Civil Servant in the United Nations as well as in Myanmar civil service. He is currently holding the portfolio as an advisor for the Government sector, business community and civil society organizations. He also plays the role as a management consultant in areas of Management, Leadership, Human Resources, Organizational Development and Corporate Governance for various companies. He holds the position of Honorary Professor at University of British Columbia, Vancouver, Canada as well as Visiting Professor at Yangon University of Economics and Yangon University. Prof, Dr. Aung Tun Thet is a leading advocate of Corporate Governance and Corporate Social Responsibility (CSR) in Myanmar.
Dr. Tin Latt
Independent Non-Executive Director
Dr. Tin Latt is an Independent Non-Executive Director (INED) of AYA Bank. He is a Certified Public Accountant (CPA) and graduated from Oxford Brooks University (UK). Having twenty years of professional experience in the auditing field, he brings a strong financial service background and extensive auditing experience to the Board. He is also the founder and Managing Director of Management and accountancy training and Managing Partner of MAT Audit and Professional Services, providing Governance, Risk and business advisory, and Auditing services.
U Min Sein
Independent Non-Executive Director
U Min Sein was appointed as an Independent Non-Executive Director of AYA Bank in 2013. He is an accomplished lawyer who is an Advocate of the Supreme Court, 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 Embassies, Corporates and Multinational Companies in various industries.
As part of his contribution to the society, U Min Sein served as a lecturer in Commercial Law at the Auditor General’s Office for twenty years and lecturer in Commercial law to Certified Public Accountant (CPA). He is a Founding Member and Management Committee Member of U Hla Tun Hospice, Cancer Foundation, a charitable organization in Yangon. He demonstrates high sense of duty and responsibility and serves in various capacities of the law across all functional areas at AYA Bank.
U Ko Ko Oo
Senior Chief Risk and Compliance Officer
U Ko Ko Oo was appointed as Senior Chief Risk and Compliance Officer at AYA Bank in 2018. He has been joining AYA Bank in 2010 since its inception and had taken various positions and responsibilities. He became Deputy Managing Director in 2014. He studied Master of Public Administration and brought in his expertise of Strategic Studies and International relations.
He developed and implemented the Risk and Compliance Management System for the bank business and support functions. He is managing all aspects of risk to the organization, employees, clients, reputation, assets, and interests of stakeholders. U Ko Ko Oo possesses a powerful commitment to his task. Besides his present responsibility, he cooperatively managed the Bank’s administrative matters and Bank’s branches network for new branch opening across Myanmar.
U Minn Wint Oo
Chief Technology Officer
As the Chief Technology Officer, U Minn Wint Oo is the strategic founder and executive decision maker with regards to the technological interests of AYA Bank. He is the main driving force for the Bank’s whole IT systems and infrastructure, including, but not limited to, Data Centers, Network Architecture, Software Development, and Information Security. He is responsible for outlining the bank’s technological vision, implementing technology strategies, and ensuring that the technological resources are aligned with business goals. He has been exposed to the full range of various IT projects and functions within Myanmar Banking and IT Industry. For over 25 years, he has continuously contributed to Myanmar’s digital transformation.
Daw May Myat Thu
Chief Operating Officer
Daw May Myat Thu is presently taking the position of the Chief Operating Officer at AYA Bank. She has been on board the AYA Family since 2012 as the Head of Corporate Affairs Department and moved across different functional departments. She is graduated with B.Sc. (Hon) Economics and Management from London School of Economics and Political Science (University of London) and was awarded Master of Business Administration from Heriot-Watt University (Edinburgh Business School). Prior to joining the Bank, she has had more than 8 years of working experience in service industry.
Along her career at AYA Bank, Daw May Myat Thu spearheaded the initiatives into getting AYA Bank to be the first Myanmar Bank to be part of the United Nations Global Compact membership and supported the Bank’s rapid growth by creating equal job opportunities to all the communities in which the Bank operates in. Her current portfolio includes managing branches across the country, overseeing the funds and currency management as well as supporting the new Core Banking Project.