RHB wholesale banking head Omar resigns


KUALA LUMPUR: Omar Siddiq Amin Noer Rashid, RHB Bank Bhd.’s wholesale banking head, has quit after less than six months at the Malaysian lender.

Omar’s resignation was effective Tuesday, a representative for the bank confirmed in an emailed response to Bloomberg queries. 

He had been with RHB, Malaysia’s fifth-biggest lender by market value, since June 1, according to a statement at the time he was hired.

Omar had previously worked at Malaysia Airlines Bhd. and at sovereign wealth fund Khazanah Nasional Bhd., according to his LinkedIn profile. 

He has also been a managing director of corporate client solutions at RHB’s cross-town rival CIMB Group Holdings Bhd., the profile shows.

There have been several changes to RHB’s senior ranks since last year as it shifted strategy, combining its institutional equities and equity capital markets business and scrapping plans
to merge with AMMB Holdings Bhd

This year’s departures include Teh Kihui, the Singapore-based head of client coverage for its financial institutions group, as well as Soon Poh Lean, its Kuala Lumpur-based head of mergers and acquisitions, people familiar with the matter said earlier.- Bloomberg

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read