Khairussaleh appointed RHB Banking Group MD

KUALA LUMPUR: Datuk Khairussaleh Ramli has been appointed the RHB group managing director (MD) and RHB Capital Bhd (RHB Cap) chief executive officer (CEO) and MD.

RHB said in a statement on Monday that Khairusaleh’s appointment, recently approved by Bank Negara, was effective May 5.

He takes over the reins from Kellee Kam, who will be leaving the group soon.

RHB Cap had announced in February that Kam tendered his resignation, adding that he would remain group managing director until the end of a transition period. 

Khairussaleh joined the group in December 2013 as RHB Bank Bhd deputy group managing director and managing director. (He had previously helmed Malayan Banking Bhd’s Indonesian unit PT Bank Internasional Indonesia Tbk.)

RHB said he would continue to serve as RHB Bank managing director.

As the newly appointed RHB group managing director, Khairussaleh will be responsible for steering the group towards being a leading integrated financial services institution.

“We are confident his in-depth understanding of the financial services industry together with his extensive management experience will steer RHB Banking Group towards achieving its aspiration to be a

leading multinational financial services group not only in Malaysia but also within the region. His strategic leadership will be instrumental in mobilising the Group towards the execution of our growth

plans and value creation for shareholders and other stakeholders,” said RHB Cap chairman Datuk Khadar Merican.

He also expressed gratitude and appreciation to Kam for his “outstanding service, dedication and able leadership including charting the course of the RHB Banking Group over a span of more than 10 years to where we are today and our achievements thus far.”

Khairussaleh has more than 20 years of experience in the financial services and capital markets industry, where he has held senior positions in well-established financial institutions in Malaysia and

Indonesia.

His knowledge and vast experience have earned him the “Best CFO in Malaysia Award” in 2010 and 2011 from Finance Asia and the “Best CFO in Malaysia Award” in 2012 from Alpha Southeast Asia.

Khairussaleh holds a bachelor of science in Business Administration from Washington University and is a graduate of the Advanced Management Programme, Harvard Business School.