KUALA LUMPUR: The RHB Banking Group has appointed Datuk Khairussaleh Ramli as the group chief executive officer (CEO) and group managing director (MD) of RHB Banking Group with effect from May 5, 2015.
It also announced the appointment of Khairussaleh as CEO and MD of RHB Capital Bhd effective the same date.
The group received the approval by Bank Negara Malaysia recently.
Khairussaleh takes over the reins from Kellee Kam, who will be leaving the banking group soon.
In a statement today, said RHB Capital chairman, Datuk Khadar Merican, said the group was confident with Khairussaleh’s in-depth understanding of the financial services industry.
“Together with his extensive management experience he will steer RHB Banking Group towards achieving its aspiration to be a leading multinational financial services group not only in Malaysia but also within the region.
“His strategic leadership will be instrumental in mobilising the group towards the execution of our growth plans and value creation for shareholders and other stakeholders,” he said.
Khairussaleh joined the group in December 2013 as deputy group MD and MD of RHB Bank Bhd.
According to the statement, Khairussaleh will continue to hold his position as Managing Director of RHB Bank Bhd.
As the newly-appointed group MD, Khairussaleh will be responsible for steering the group to continue its aspirations of being a leading integrated financial services institution.
Khairussaleh has more than 20 years of experience in the financial services and capital markets industry, where he has held senior positions in well-established financial institutions in Malaysia and Indonesia.
His knowledge and vast experience have earned him the “Best CFO in Malaysia Award” in 2010 and 2011 from Finance Asia and the “Best CFO in Malaysia Award” in 2012 from Alpha South-East Asia.
Khairussaleh holds a Bachelor of Science in Business Administration degree from Washington University and is a graduate of the Advanced Management Programme, Harvard Business School, Harvard University.
Khadar said RHB Banking Group would like to take this opportunity to express its gratitude and appreciation to Kam for his outstanding service, dedication and able leadership.
“While we are sad to see such a dynamic leader leave our organisation, we wish him every success for the future,” said Khadar. – Bernama