RHB Banking Group has named Vashta Mahendran as its new Group Chief Operations Officer, effective 1 July 2025.

She takes over from David Chong, who will be stepping down on 30 June to pursue new opportunities.

Vashta joined RHB in 2015 as Group Treasury’s Lead for Strategic Business Management.

Her role was expanded in 2021 to include Group Wholesale Banking, and in 2022 she was appointed to lead group-wide transformation initiatives.

With more than 30 years of experience in the financial sector, she brings institutional knowledge, strong leadership, and execution capabilities to the role.

She began her career at Arthur Andersen & Co and has since held strategic roles across several major financial institutions.

RHB Group Managing Director and Group CEO Dato’ Mohd Rashid Mohamad said,

“David has been a valued member of our leadership team and we thank him for his contributions over the years.

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.”

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