RHB Wholesale Banking To Take Off On July 1

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PETALING JAYA, Jun 22 – In line with the corporate reorganisation exercise, RHB Banking Group yesterday announced the establishment of wholesale banking strategic business sector effective July 1 which will be led by group managing director Datuk Khairussaleh Ramli in the interim.

In a filing with the stock exchange yesterday, RHB said it will enable the group to serve its corporate clients better across all products and strengthen its regional footprint. The business pillars under wholesale banking will comprise corporate banking, investment banking, client coverage, group treasury and global markets, asset management and private equity.

Besides that, with the enhanced focus on business and operations in Singapore, RHB announced a few key senior appointments effective July 1, including the appointment of Mike Chan as RHB Bank Singapore CEO. Chan currently is RHB Investment Bank Bhd managing director and CEO. Robert Huray has been appointed RHB Investment Bank CEO and head of group investment banking, while Kenneth Yeoh Wei Ming will assume the role of RHB Securities Singapore CEO.

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