KUALA LUMPUR (Nov 9): RHB Banking Group has appointed Ryan Teoh as its group chief strategy and innovation officer.

In a statement on Wednesday (Nov 9), the banking group said the appointment took effect on Nov 1.

It said Teoh joined the group in November 2019 as the head of group strategy, and was subsequently appointed as the acting group chief strategy and innovation officer in June 2022.

According to the bank, he has extensive experience working in the consulting field across various projects in Southeast Asia.

Prior to joining RHB, Teoh held various positions focusing on growth strategy, digital acceleration, business transformation, operating models and transformation of financial services.

RHB managing director and chief executive officer Mohd Rashid Mohamad said that in his role as the group chief strategy and innovation officer, Teoh will continue to drive the group’s TWP24 key strategic priorities, and build a competitive advantage for RHB by deeply integrating strategy, analytics, business intelligence and the digital into the group’s business and operations.

“This internal appointment underlines our commitment to encouraging growth and development of our internal talent, ensuring continuity and stability within our senior leadership bench,” he said.

Teoh holds a Bachelor of Science in Computing from Staffordshire University in the UK, and has a Master of Business Administration from INSEAD.