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Report: RHB Bank hires head of wholesale banking division

RHB Bank Bhd. hired Omar Siddiq Amin Noer Rashid to be head of its wholesale banking division, people with knowledge of the matter told Bloomberg News.

The bank's board has approved Omar's appointment, which is also subject to the approval of Malaysia's central bank.

Omar will replace managing director Khairussaleh Ramli, who was appointed as the interim head of wholesale banking in July 2016.

Meanwhile, Soon Poh Lean, the bank's head of mergers and acquisitions, and Theresa Lim, a director on the M&A team, are set to leave the bank, the people said.