RHB Bank appoints Phuah Shok Cheng as acting group CFO

KUALA LUMPUR: RHB Banking Group has appointed Phuah Shok Cheng as its acting group chief financial officer from Jan 1, 2024.

Phuah will replace Nik Rizal Kamil Nik Ibrahim Kamil, the current group chief financial officer who will conclude his tenure of service on Dec 31, 2023.

According to RHB, Phuah joined the group in May 2014 and has held various key roles within group finance, most recently as the head of group capital and balance sheet management.

Before her tenure with RHB, Phuah was attached to Arthur Andersen & Co, Deloitte, Ernst & Young, and Maybank, respectively in different locations including London, Singapore, Indonesia, and Malaysia.

“The group is committed to ensuring a seamless transition and continuity in our financial functions, and we are confident that Phuah will be able to lead our Finance team during this interim period as her experience and familiarity with our financial processes will help to ensure continuity and stability.

"In the meantime, we have initiated the process of evaluating the right candidate to fill the senior leadership role,” said RHB group managing director and group CEO Mohd Rashid in a statement.

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