Report: RHB’s Khairussaleh takes leave, triggering speculation of return to Maybank

RHB Bank Bhd’s group managing director cum group CEO Datuk Khairussaleh Ramli will be taking leave effective Monday onwards, triggering rumours he could be poised to head Malayan Banking Bhd (Maybank).

According to a report by The Edge, Khairussaleh’s leave coincides at a time when Maybank is looking for a replacement for its outgoing group president and CEO Datuk Seri Abdul Farid Alias, who is relinquishing his post on Aug 1.

“Maybank does not comment on market speculation. As indicated in Maybank’s press release dated Jan 3, the process of identifying a new group president & CEO of Maybank is underway.

“Any announcement pertaining to this impending appointment will be made at the appropriate time,” Maybank responded to a Bloomberg report, which claimed that it was planning to hire Khairussaleh for the job.

In a filing with Bursa Malaysia on Friday, RHB said Mohd Rashid Mohamad will be appointed as the officer-in-charge/principal officer effective Jan 24, to take on Khairussaleh’s portfolio in his absence. Rashid currently serves as the managing director for group wholesale banking of RHB Bank.

Khairussaleh served about eight years in RHB Bank. He joined the group as the managing director of RHB Bank and deputy group managing director of RHB Banking Group in December 2013.

He later became the group managing director and group chief executive officer of RHB Banking Group in May,2015.

Prior to joining RHB, he was the president-director of PT Bank Internasional Indonesia Tbk, a unit owned by Maybank. – Jan 22, 2022

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