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 2. RHB appoints Fad'l Mohamed as group wholesale banking MD

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RHB appoints Fad'l Mohamed as group wholesale banking MD
By Lam Jian Wyn / theedgemalaysia.com
04 Jan 2024, 12:20 pm


Photo by Shahrill Basri/The Edge

KUALA LUMPUR (Jan 4): RHB Banking Group has appointed Datuk Fad'l Mohamed as its
new managing director of group wholesale banking, effective from Feb 2.

In a statement on Thursday, the group said he succeeds Syed Ahmad Taufik Albar,
who resigned on Wednesday.

Fad'l stepped down as the chief executive officer of Maybank Investment Bank
(Maybank IB) on Wednesday. He joined the investment bank in 2015 as its deputy
CEO.



He started his career as a lawyer at Messrs Rashid & Lee in 1991, before joining
the Securities Commission Malaysia in 1993. 

After that, he joined investment banking firm Dresdner Kleinwort Benson. In
2004, he founded Maestro Capital Sdn Bhd, a licensed corporate finance adviser
advising on mergers and acquisitions, capital raising and initial public
offerings, before joining Maybank IB.

According to RHB, Fad'l holds a Master of Business Administration from Imperial
College London, the UK, and a Bachelor of Law (Honours) degree from the
University of London.

He is also a Fellow Chartered Banker with the Asian Institute of Chartered
Bankers.

“We are delighted to welcome [Fad’l] to RHB as part of our group’s senior
management team. With over two decades of experience in capital markets and
investment banking, Fad’l is well equipped to lead our group wholesale banking. 

"His deep understanding and insights into the financial markets and proven
leadership capabilities are vital to navigating the complex financial landscape,
driving the group’s corporate strategy of Together We Progress 2024 and
enhancing value for our clients. 

"The appointment of [Fad’l] as the MD of group wholesale banking 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 group MD and group CEO Mohd Rashid Mohamad.

“We would also like to take this opportunity to express our sincere appreciation
to Syed Ahmad Taufik for his invaluable contributions and commitment to the
group, and wish him all the best in his future endeavours,” he added.

Read also:
Fad'l Mohamed resigns as Maybank IB CEO, COO Tengku Ariff appointed as
person-in-charge


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