The rumour mill was spot on it seems, Maybank has confirmed in an official announcement to the media that Dato’ Khairussaleh Ramli who was until recently the CEO of RHB has been appointed as the Group President and Chief Executive Officer of Maybank.
This comes after the banking giant got the approval from Bank Negara, Dato Khairusalleh will succeed Dato’ Sri Abdul Farid Alias who has stated his desire to leave Maybank.
Maybank Chairman Tan Sri Dato’ Sri Zamzamzairani Mohd Isa who welcomed the new CEO said “Dato’ Khairussaleh re-joins the Maybank family and brings with him a wealth of knowledge and experience from the financial services and capital markets industry of close to 30 years. We are confident that with his vast experience, he will be able to lead Maybank in its next growth phase, pillared on the M25 focus areas of digitalisation, sustainability, and new value drivers,” he said.
Dato’ Khairussaleh, 54, was most recently the Group Managing Director of RHB Banking Group, where he was responsible for charting the Group’s strategic direction and leading the organisation to achieve its goals and value creation objectives under its five-year strategy ending FY2022.
Prior to joining RHB Banking Group, he was with Maybank between November 2008 and September 2013, having served over three years as the Group Chief Financial Officer before taking up the position of President Director and Chief Executive Officer of Maybank’s Indonesian operations. While at Maybank Indonesia (then Bank Internasional Indonesia), he introduced a business transformation programme that ultimately led to its turnaround, resulting in an 81% profit growth for FY2012. He also received the ‘Best CFO in Malaysia Award’ in 2010 and 2011 from FinanceAsia and the “Best CFO in Malaysia Award” in 2012 from Alpha Southeast Asia.
His other corporate sector experiences include positions as Group Chief Strategy Officer at Telekom Malaysia Berhad, Chief Executive Officer of TM Ventures and Chief Financial Officer at Bursa Malaysia Berhad, where he led the listing of the company on its own exchange in 2005. He also spent eight years at Public Bank Group in the Corporate Banking and Stockbroking/ Futures broking divisions.
Dato’ Khairussaleh holds a Bachelor of Science in Business Administration from Washington University and is a graduate of the Advanced Management Programme at Harvard Business School. He is also a Fellow Chartered Banker with the Asian Institute of Chartered Bankers.
