In an effort to increase its market share across the region in a key business area, the Malaysian news agency reports that RHB Banking Group has appointed a new Chief Executive.

From August 1 Datuk Adissadikin Ali will take on the role as Managing Director and Chief Executive Officer of RHB Islamic and Head Group Shariah business succeeding Ibrahim Hassan.

RHB said Adissadikin would be responsible for leading, managing and growing the group’s Shariah business, making it into one of the top three Islamic banking institutions in the country.

ASEAN Ambitions

Prior to joining RHB Banking Group, Adissadikin was the CEO of Alkhair International Islamic Bank Bhd since June 1, 2015. He was also the president and CEO of Export-Import Bank of Malaysia Bhd (EXIM) from October 2010 to May 2015.

«Adissadikin brings with him 21 years of experience in the financial services sector and I am confident that he will be able to strengthen and build the business further to emerge among the top Islamic bank in Asean,» said Datuk Khairussaleh Ramli RHB Group Managing Director.