KUALA LUMPUR: RHB Banking Group has appointed Datuk Fad'l Mohamed as the new managing director of group wholesale banking (GWB), effective Feb 2, 2024.
Fad'l will succeed Syed Ahmad Taufik Albar, who resigned from the Group on Jan 3, 2024.
In a statement, RHB said Fad’l brings a wealth of knowledge and experience in capital markets and investment banking spanning over two decades.
Prior to this appointment, Fad’l was the CEO of Maybank Investment Bank, where he played a pivotal role in driving its investment banking business.
Fad’l began his career as a lawyer at Messrs Rashid & Lee in 1991 before joining the Securities Commission in 1993.
Thereafter, he moved to Dresdner Kleinwort Benson, an investment banking firm.
In 2004, Fad’l founded Maestro Capital Sdn. Bhd, a licensed corporate finance adviser advising on mergers and acquisitions, capital raising and IPOs until 2015, when he joined Maybank Investment Bank.
"The appointment of Fad’l as the managing director of GWB is a strategic move that complements our robust succession planning programme, blending external expertise with our existing talent pool to foster a more diverse and dynamic leadership team.
"By bringing in fresh perspectives and skills, we will be able to enhance our ability to adapt to market changes, innovate and spur innovation within the group,” said RHB Banking group managing director and group CEO Mohd Rashid Mohamad.