RHB announces key senior appointments

These changes include the appointment of Syed Ahmad Taufik Albar (pic) as managing director of group wholesale banking, succeeding Mohd Rashid who was appointed group managing director and CEO on April 1.

PETALING JAYA: RHB Banking Group has announced several key internal movements and appointments within its senior management team to strengthen the senior leadership bench and drive the group’s medium and long-term performance.

The movement and expansion of roles within the group’s existing senior management team took effect from May 16, 2022.

“It underlines our focus towards the growth and development of our internal talents, and demonstrates our commitment in adapting to changes in the business landscape, while ensuring the effectiveness of our senior leadership bench in driving better performance paving the way for the implementation of our new group strategy that will be announced in due course,” said RHB group managing director and CEO Mohd Rashid Mohamad.

These changes include the appointment of Syed Ahmad Taufik Albar (pic) as managing director of group wholesale banking, succeeding Mohd Rashid who was appointed group managing director and CEO on April 1.

RHB group managing director and CEO Mohd Rashid Mohamad

Taufik was group chief financial officer up until January 2021 and subsequently appointed as managing director of group international business prior to his appointment to this new position.

In this new position, he will drive the formulation and execution of business strategy for group investment banking, group corporate banking, group treasury and global markets, group asset management, group transaction banking, commercial banking as well as oversee the group’s economics function.

Succeeding Taufik is Wendy Ting, who is currently the head of group corporate banking. Pursuant to the reorganisation, Ting has been appointed as managing director of group international business and group corporate banking.

She will also oversee and drive the group’s regional business and operations, which includes Singapore, Cambodia, Thailand, Laos and Brunei.

To further drive innovation and ensure that digitalisation is being embedded in every aspect of the group’s business, Dr Siew Chan Cheong has been appointed as group chief strategy and innovation officer, an expansion to his previous role of group chief strategy officer.

As part of the enhancement to the group’s sustainability governance structure which acts as a catalyst towards achieving its sustainability aspirations under its Five Year (2022-2026) Sustainability Strategy, RHB has also expanded the role of Norazzah Sulaiman with her appointment as the group chief sustainability and communications officer.