KUALA LUMPUR (April 2): RHB Banking Group has announced a strategic organisational realignment, involving key leadership changes across five senior roles, as part of its new three-year corporate strategy (2025-2027), known as “PROGRESS27”.

The changes will see Wendy Ting, currently managing director of group international business and corporate banking, assume the role of MD, group corporate and business banking.

Danny Quah, currently the chief executive officer of RHB Singapore, will be appointed MD of the group's international business.

Goh Ken-Yi, currently deputy CEO of RHB Singapore, will succeed Quah as CEO of RHB Singapore, ensuring leadership continuity and driving growth across the region.

In a statement, RHB said the establishment of group corporate and business banking (GCBB), effective May 1 this year, enables a sharper business-to-business focus, optimises business segmentation, and strengthens financial resilience.

The establishment of GCBB consolidates corporate banking, commercial banking, and small and medium enterprise (SME) banking under a unified structure, to drive greater synergy, efficiency, and client centricity, the group added.

With the integration of corporate banking and commercial banking into GCBB, RHB’s group wholesale banking (GWB) will sharpen its focus across five core areas: investment banking, treasury and global markets, transaction banking, client coverage, and economics.

This transformation strengthens GWB’s capabilities in capital markets, advisory, and complex financial solutions, solidifying RHB’s position as a leader in wholesale banking, it said, adding the bank is currently in the process of identifying a new MD for GWB to lead this transformation.

Additionally, RHB announced the creation of a new group brand and customer experience function, effective April 1, which will integrate corporate communications, group marketing, group customer experience, and social impact into a single division.

Norazzah Sulaiman, who currently serves as group chief sustainability and communications officer, will assume the role of group chief brand and customer experience officer.

RHB has also formed a dedicated group sustainability pillar that reports directly to the group MD, effective April 1. This is to accelerate the growth of sustainable financial services and promote product innovation, while driving the strategic implementation of the group’s sustainability initiatives.

Angus Salim, currently the head of sustainable finance, has been named officer-in-charge of group sustainability.

RHB group MD and CEO Datuk Mohd Rashid Mohamad said that the reorganisation is a pivotal step in achieving the group’s PROGRESS27 aspiration — to become the best service bank, driving high profitability and upholding its commitment as a responsible and purposeful financial institution.

“It strengthens our senior management bench while enhancing focus, accountability, and execution — positioning us to drive sustainable growth, foster innovation, and deliver greater value for our shareholders,” Mohd Rashid said.

RHB Bank Bhd (KL:RHBBANK)’s share price closed six sen or 0.9% higher at RM6.90 on Wednesday, bringing the group's market capitalisation to RM30.08 billion. Over the past year, the stock has risen 21%.