Following the recent lacklustre performance of its Bangkok branch RHB Bank has chosen one of its former troops to revive the office's fortunes. The two-year search for a country head finally came to an end with the appointment of Chong Yih Tai, who started his career with United Malayan Banking, the forerunner to RHB, in Kuala Lumpur 20 years ago.
Tai will become the first country head in the 44-year history of RHB's Thai presence. To date the business has been run by the branch manager, but the erosion of the bank's profitability in recent years prompted management in Malaysia to search for a suitable candidate to take overall responsibility for...