Changes in the air at AMMB?

Group MD Ashok Ramamurthy (pic) is said to have expressed his intention not to renew his contract. The board has not decided on the matter and it is unlikely to accept his offer.

PETALING JAYA: AMMB Holdings Bhd may see changes to some of its key positions in the next few months.

According to sources, new faces have been appointed to several important positions in the group and they may be taking on bigger portfolios within the financial institution.