RHB Banking Group hired a new head of group wholesale banking, effective beginning of June 2018. He will lead the development and execution of a business strategy for a division that covers a range of areas. 

Kuala Lumpur-based RHB Banking Group appointed Omar Siddiq Amin Noer Rashid as new head, group wholesale banking (GWB), effective June 1, 2018, according to a media statement sent on Monday evening. He will report to group managing director, Dato’ Khairussaleh Ramli.

Siddiq is a former chief financial officer of Malaysia Airlines. He will lead the development and implementation of a business strategy for GWB, which covers corporate banking, investment banking, treasury and global markets, client coverage, asset management and private equity. His priorities are to drive the performance of group wholesale banking, particularly in meeting the needs of corporate clients across the product range.

Responsible for Business Performance

He will also be responsible for the oversight and business performance of the group’s portfolio in Cambodia, Thailand, Laos, Brunei and Vietnam. Siddiq has more than 20 years of experience in the areas of finance and investment banking. He previously held various key positions which includes a prominent international accounting firm, a leading Malaysian investment bank and Malaysia’s national airline.

He holds a Bachelor of Science in Economics from the London School of Economics (LSE), and is a Fellow of the Institute of Chartered Accountants England and Wales (ICAEW). He is also a holder of the CFA charter.