AmBank Group's Chief Financial Officer (CFO), Mandy Simpson, has been named CFO of the Year, Financial Institutions, Malaysia at The Asset Triple A Transaction Banking Treasury, Trade and Risk Management Awards 2014.

The award ceremony was held in Hong Kong yesterday.

AmBank in a statement today said as AmBank's CFO, Simpson takes a lead role in setting the group's financial strategy and contributed to its overall business strategy.

"We are honoured to win the Triple A CFO of the Year award. This is a testament to AmBank Group's sound financial strategy, stewardship and consistent performance, guided by Simpson in her role as CFO since 2012," Group Managing Director Ashok Ramamurthy said.

A secondee from the Australia and New Zealand Banking Group, AmBank's strategic partner in banking, Simpson has broad financial sector experience spanning the UK, Australia, New Zealand, the Pacific and Asia.

The Asset Triple A Awards is Asia's recognition for excellence in the industry with reputation built upon stringent methodology, combined with a rigorous approach to the selection of winners of the coveted Triple A.

The awards are adjudicated by The Asset's Board of Editors who collectively have several decades' worth of evaluating industry awards in Asia. -- Bernama