KUALA LUMPUR: RHB Banking Group has appointed Dr Arup Raha as chief economist and head of research, to replace Lim Chee Sing who retired in June last year.
Dr Arup has more than 20 years of experience in the financial industry. Prior to joining RHB, Dr Arup was managing director and chief economist with CIMB Group, as well as the chief economist with CIMB Asean Research Institute.
He was responsible for conducting research on Asian economies and financial markets.
He started his career as an economist with The World Bank in Washington DC, USA and went on to build his career in investment banking.
He has been the chief economist covering Asia for three global banks, namely Citigroup, UBS Investment Bank and HSBC.
Dr Arup, who is based in Singapore, will be overseeing the regional economics team and leading research across all areas of economics which include equities, fixed income and foreign currency.
“Arup’s appointment will further strengthen the capabilities of our research team and will elevate RHB Research into a leading research franchise in the Asean region,” said RHB Banking group managing director Datuk Khairussaleh Ramli.