RHB Bank Berhad has confirmed the appointment of Vashta Mahendran as its new Group Chief Operations Officer (COO), effective 1 July. The transition follows the departure of current COO David Chong Ming Liang, whose term concludes on 30 June after three years in the role.
Vashta brings with her more than 30 years of experience in the financial services industry, underpinned by a strong track record in operational leadership and strategic execution. She first joined RHB Bank a decade ago and has since led a number of key group-wide transformation initiatives, contributing significantly to the bank’s ongoing modernisation and performance optimisation efforts.
Datuk Mohd Rashid Mohamad, Group Managing Director and Group Chief Executive Officer of RHB Banking Group, expressed confidence in the appointment, stating that Vashta’s leadership will be instrumental in the bank’s continued transformation and operational excellence.
“As we embark on the next phase of our growth journey, Vashta’s leadership and strength in driving operational transformation will be key in delivering our Progress27 strategy, and achieving our strategic objectives of being best in service, highly profitable and to be a responsible and purposeful organisation,” he said.
Vashta holds a bachelor’s degree in accounting and finance from the University of Manchester.
-The Edge
