RHB Capital names Khairussaleh CEO and MD

RHB banking group deputy group managing director and RHB Bank managing director Datuk Khairussaleh Ramli

PETALING JAYA: Banking and financial services group RHB Capital Bhd (RHBCap) has appointed Datuk Khairussaleh Ramli (pic) as chief executive officer and managing director with effect from May 5.

RHBCap told Bursa Malaysia in an announcement that the appointment came following Bank Negara’s approval.

“Khairussaleh takes over the reins from Kellee Kam, who will be leaving the RHB Banking Group soon,” it said.

As the newly appointed group managing director, Khairussaleh will be responsible for steering the banking group’s aspirations of 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 in the region.”

In the same statement, RHBCap chairman Datuk Khadar Merican said Khairussaleh’s strategic leadership would be instrumental in mobilising the group towards the execution of growth plans and value creation for shareholders and other stakeholders.

“RHB Banking Group would like to take this opportunity to express our 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. While we are sad to see such a dynamic leader leave our organisation, we wish him every success for the future,” said Khadar.

Khairussaleh joined the group in December 2013 as deputy group managing director and managing director of RHB Bank Bhd. He would continue to be managing director of RHB Bank.

“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,” said RHBCap.

He has a business administration degree from the University of Washington and is a graduate of the Harvard Business School’s advanced management programme.