KUALA LUMPUR, Aug 16- The RHB Banking Group today appointed Chan Cheong Yuen as Managing Director/Chief Executive Officer of its investment banking entity, RHB Investment Bank Bhd (RHBIB).
Chan joined RHB in May 2010 as Head of Corporate Banking and was later appointed the Officer-in-Charge of RHBIB in 2011 in addition to his role as Director of Corporate Banking in early 2012, the bank said in a statement.
“Chan’s experience in corporate and investment banking will enable him to take RHBIB to its next level of growth.
“RHBIB is now well positioned to become a significant player in the Malaysian financial services sector, where it is currently the largest bank in Malaysia in terms of asset size.
“With Chan at the helm, RHBIB is now poised to take on the challenge of realising the group’s ambitions to be a leading multinational financial services group in the Asean region and Hong Kong,” RHB Managing Director Kellee Kam was quoted as saying in the statement.
– BERNAMA