An occupational therapist provides interventions based on evaluation and which emphasize the therapeutic use of everyday life activities (i.e., occupations) with individuals or groups for the purpose of facilitating participation in roles and situations and in home, school, workplace, community and other settings. Head quartered in Malaysia, the Islamic asset management is currently ranked fourth in terms of Retail and targets to move to the top three positions in the country by 2018 with an AUM target of RM10 billion,” commented Md Noor.Respiratory, Developmental, Rehabilitative and Restorative Service ProvidersĪn occupational therapist is a person who has graduated from an entry-level occupational therapy program accredited by the Accreditation Council for Occupational Therapy Education (ACOTE) or predecessor organizations, or approved by the World Federation of Occupational Therapists (WFOT), or an equivalent international occupational therapy education program has successfully completed a period of supervised fieldwork experience required by the occupational therapy program has passed a nationally recognized entry-level examination for occupational therapists, and fulfills state requirements for licensure, certification, or registration. ?n the Islamic growth plans, RHBIIAM aims to be in the top ten ranking globally by 2018. Leveraging on the RHB Banking Group’s strong base in Malaysia, he is confident that the Malaysia business will remain as one of the top three fund houses with products and services offering catered to retail, corporate and institutional clients. Ho commented that the merged entity is the only fund house in Malaysia with both the investment advisor and private retirement scheme license. In Malaysia, RHBAM is ranked third in AUM for both Institutional and Retail sectors. She will look at growing the overseas market share via organic growth, strategic partnership tie-ups as well as further acquisitions. She further added that in line with the RHB Banking Group’s regional aspiration, RHBAM group targets to grow 40 per cent of revenue contribution from Asean and Greater China region by 2020 from its current nine per cent contribution. “We will continue to offer first of its kind and market timely products in countries where we operate via in-house teams and collaboration with strategic partners globally,” commented Ong. Combined, the group will have about 136 funds covering equity, fixed income and alternative investments on our product platform to meet the needs of differing investors. With a total of RM40.1 billion Asset Under Management (AUM) across the region, the merged asset management business has a staff strength of close to 300 professionals in its offices across Malaysia, Singapore, Hong Kong and Indonesia. She will be supported by Ho Seng Yee, chief executive officer (CEO) of RHBAM/regional head of Retail Distribution and Tuan Haji Md Noor Bin A Rahman, CEO of RHBIIAM. The newly merged asset management business is branded as RHB-OSK and is led by Eliza Ong as the managing director/regional head of Group Asset Management. “Along with our group’s vision to be a leading financial services group in the region, the combined strength of the asset management group will enable us to offer a wider range of products and services to our clients as they expand their business and investments regionally,” commented Mike Chan, managing director of RHB Investment Bank Bhd. Asset Management is one of the core business pillars in the merged investment bank. This merger is a significant milestone as we strive to become an outstanding Asean fund house with Asian capabilities. The newly merged entity is now known as RHB Asset Management Sdn Bhd (RHBAM).įollowing this, RHB Islamic International Asset Management Bhd (RHBIIAM), formerly known as OSK-UOB Islamic Fund Management Bhd, has also merged with RHB Islamic Asset Management Sdn Bhd.īoth RHBAM and RHBIIAM are anchored by one of Malaysia’s largest financial services groups, the RHB Banking Group with an asset base of close to US$60 billion and a heritage that spans 100 years. KUCHING: RHB Investment Management Sdn Bhd’s (a subsidiary of RHB Investment Bank Bhd) successfully completed merger with osk-uob Investment Management Bhd on December 1, 2013, sees expansion to Asean with 40 per cent revenue contribution expected from overseas operations by 2020. The newly-merged entity, now known as RHB Asset Management, sees expansion to Asean with 40 per cent revenue contribution expected from overseas operations by 2020. COMPLETED MERGER: Photo Caption: (From left) Ho, Ong, Chan, and Md Noor poses for a photo during the completion of the merger.
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