RHB Asset Management Sdn Bhd, a wholly-owned subsidiary of RHB Investment Bank Berhad, is pleased to announce the appointments of Michael Chang Wai Sing and Mohd Fauzi Mohd Tahir, as Chief Investment Officer – Fixed Income and Chief Investment Officer - Equity (Malaysia) respectively.
Michael Chang’s appointment as Chief Investment Officer – Fixed Income was effective 1 March, 2017. His appointment will see him setting the direction for the fixed income investment team in Malaysia. Michael Chang brings along with him a total of 17 years of working experience mostly in asset management and insurance companies. Prior to joining RHB AM, he headed the Fixed Income department to oversee all fixed income portfolios under MCIS Insurance Berhad.
As Chief Investment Officer – Equity (Malaysia), Mohd Fauzi will be responsible to set the strategic direction for the equity investment team in Malaysia covering fund managers and analysts for conventional and Islamic funds. He has a total of 24 years of working experience in managing life, private and government linked funds as well as portfolios for retail and high net worth individuals. In his last employment, Mohd Fauzi was the Executive Director and Head of Equities for AmFunds Management Berhad. He was appointed to the post effective 20 February, 2017.
Commenting on the appointments, Eliza Ong Yin Suen, Managing Director/Regional Head of RHB Group Asset Management said, “As we position RHB AM for growth, the appointment of Michael Chang and Mohd Fauzi as Chief Investment Officers will further strengthen our leadership capabilities. Their appointment adds greater depth to our existing investment team and we are excited with the wealth of experiences that both will bring to the leadership team at RHB AM”.
Michael Chang’s strong investment acumen is recognised by the market, and he was awarded The Most Astute Investor in Asian Local Currency Bonds Ranked No. 1 in Malaysia for three consecutive years from 2014, 2015 and 2016. He holds a Bachelor of Commerce degree from The University of Western Australia, with double majors in Accounting and Finance and a minor in Business Law.
Mohd Fauzi holds a Bachelor of Accounting & Finance from Leeds Metropolitan University, Leeds, England. He is also a graduate of the Chartered Association of Certified Accountants (ACCA, UK) and holds a Capital Markets Services Representative’s License for the regulated activity of fund management.
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