RHB appoints Mohamed Rastam Shahrom as group CFO


Mohamed Rastam Shahrom

KUALA LUMPUR: RHB Banking Group has appointed Mohmed Rastam Shahrom as its group chief financial officer, effective Aug 1, 2024.

Mohamed Rastam, 53, was formerly group chief financial officer and acting group CEO of Malaysia Airports Holdings Bhd (MAHB).

MAHB had earlier announced Mohamed Rastam’s resignation from both positions.

"With over 20 years of experience in business and finance, and a proven track record in financial management and strategic leadership, Mohamed will further complement and strengthen our senior leadership team, said RHB Banking Group managing director and CEO Mohd Rashid Mohamad in a statement.

Meanwhile, the banking group also named Phuah Shok Cheng as its new regional chief financial officer and head of capital strategy, Kevin Vijendren Davies as the managing director and CEO of RHB Investment Bank Bhd, and Tan Boon Ching as its group chief internal auditor.

Phuah had served as the acting group chief financial officer since January 2024, and will now leverage her expertise to drive regional financial performance and shape RHB's capital strategy.

Kevin Vijendren will succeed Ganesh Sabaratnam, whose contract ended on June 30, 2024. Having first been employed at Ernst & Young, Kevin held various leadership positions in Maybank, including managing director of client coverage at Maybank Investment Bank.

Tan, meanwhile, will succeed Alex Tan Aun Aun, who will be retiring on July 31, 2024.

Tan began his career at PwC before taking on leadership roles at Standard Chartered Bank and RHB, where he was chief financial officer of RHB Investment Bank and head of international strategy and governance before being seconded to Boost Bank in November 2022 as its chief financial officer.

All the above appointments are effective from Aug 1, 2024.

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