Ramamurthy to head AmBank Group

Ashok Ramamurthy has been appointed as the new AmBank Group managing director.

This was announced by Group chairman, Tan Sri Azman Hashim. 

While being a part of the board of directors of AMMB Holdings Bhd, Ramamurthy would continue to serve as a board member of key subsidiaries of AmBank Group including AmBank Bhd, AmInvestment Bank Bhd, AmIslamic
Bank Bhd and AmInvestment Management Sdn Bhd.

Additionally, he would hold the position of chief executive officer of AmBank Bhd and be appointed to the board of directors of other key subsidiaries including the insurance companies.

Prior to serving the AmBank Group, he with ANZ for over 23 years building an impressive track record, holding various key positions across multiple geographies including New Zealand, Australia, India and now Malaysia.

His strong banking experience included commercial banking, financial markets, funds management and insurance, wealth management, banking products and transaction services, and personal banking.

“He is well qualified to lead AmBank Group towards its aspirations of being Malaysia’s preferred banking group with international connectivity. He has been an outstanding deputy Group managing director playing a significant role in developing the Group’s strategy, an experienced all-round banker and was independently voted by members of Malaysian Investor Relations Association as Malaysia’s Best chief financial officer for 2011,” Tan Sri Azman Hashim said.

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