“Our team in Indonesia will ensure the smooth transition of our clients as well as existing staff of RHBAMI to the enlarged group,” said group managing director and Group CEO Datuk Khairussaleh Ramli.(pic)
PETALING JAYA: RHB Bank Bhd’s 99% indirect subsidiary in Indonesia PT RHB Sekuritas Indonesia has proposed to exit from the asset management business and focus on the stock broking and investment banking business in Indonesia instead.
The bank said that this exercise was part of its strategic plan to reprioritise its overseas businesses to focus on niche markets, leveraging on the key strengths of its investment banking team to meet customers’ needs.
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