Bank Bumiputra Malaysia Berhad was formally launched by Tun Abdul Razak on 1 October 1965 with authorised capital of $25 million, instead of the $5 million announced earlier. The senior management was headed by Mohd Raslan bin Dato' Abdullah as Managing Director and Tengku Razaleigh as Executive Director. The other board members include S.O.K. Ubaidulla (President of the United Chamber of Commerce), L.E Osman, K. Mushir Ariff, Wan Yahya bin Haji Mohamad, K.D. Eu and Kuok Hock Nien. The General Manager of the Bank was Wong Aun Pui, a prominent local banker with 20 years of experience and director of many rubber and palm oil companies.