Analysts noted that under Kam(file pic), RHB Cap undertook a transformation programme known internally as IGNITE 2017, which are plans to ramp up growth in Singapore, enter new markets such as the Philippines and China, and boost Islamic banking operations. Its strategy to be a regional powerhouse is a pillar of this agenda.
PETALING JAYA: RHB Capital Bhd’s (RHB Cap) group managing director (MD) Kellee Kam (pic) has tendered his resignation after more than three years at the helm. His resignation also comes after a plan to merge with two other rivals to form what would have been the country’s biggest financial group by assets was called off last month.
The banking group said that Kam will remain as group MD of RHB Cap until the end of the transition period, the date of which will be announced later.
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