Sunday, November 25, 2018


On that note, EPF has a brewing problem at RHB Bank. The rapid departure of many key staff did not happen just the last few months. 

You can trace it back as far as two years but NOTHING changed. 

As a cursory member of the financial industry, one can see that there are huge problems at RHB. 

Anecdotal hearsay: too many decisions done by committees, HR is the most powerful department there (not in a good way), the old guard act like gatekeepers and not many are keen to stick their necks out for taking on more risks. 

Only now we are talking about changing CEO. 

In my view, not just the CEO but probably another 10 top people there needed to go as well.

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