Tan sri abdul rashid hussain biography
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This article first appeared in The Edge Malaysia Weekly on månad 25, - December 31,
A familiar face resurfaces as chairman of Lembaga Tabung Haji
Tan Sri Abdul Rashid Hussain
Chairman of Lembaga Tabung Haji
After a year hiatus, Tan Sri Abdul Rashid Hussain made a comeback to Corporate Malaysia when he was appointed chairman of pilgrim fund Lembaga Tabung Haji (TH), effective Dec 20 this year.
When his appointment was announced, it took corporate players and market watchers by surprise, as the last time he made a corporate move was in June when he surfaced as a % shareholder in timber outfit Priceworth International Bhd. This acquisition, however, was not significant. He held the stake for just over two years. The purchase was a ripple compared to the deals he advised on when he was a corporate mover and shaker.
Abdul Rashid had kept a low profile since he stepped down from all his directorships in early Febr
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Rashid Hussain
Tan Sri Abdul Rashid Hussain ialah pengasas Kumpulan RHB. Beliau mengahwini anak perempuan kepada Tan Sri Robert Kuok. Rashid Hussain merupakan anak lelaki bongsu kepada seorang lelaki kelahiran Pulau Pinang Mohammed Hussain, yang kemudian berpindah ke Singapura dan membangunkan perniagaan yang berjaya di sana. Ibu beliau berketurunan Melayu dan Arab.
Rashid Hussain merupakan salah seorang usahawan paling berjaya dari Malaysia. Dalam tempoh kurang daripada satu dekad, beliau berjaya membina konglomerat perkhidmatan kewangan yang terdiri daripada firma bursa saham, bank komersial, syarikat kewangan dan bank perdagangan - RHB Bank. Beliau memulakan khidmat kerjaya kewangan beliau pada tahun bersama Strauss Turnbull di Britain dan kembali ke Malaysia pada tahun bagi bekerja dengan Bumiputra Merchant Bankers Bhd. Beliau kemudian meninggalkan Bumiputra Merchant Bankers pada tahun untuk menubuhkan Rashid Hussain Securities. Di bawah kepimpinan beliau, RHB Securities
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KUALA LUMPUR (Dec 20): Tan Sri Abdul Rashid Hussain, the newly appointed chairman of Lembaga Tabung Haji, is no stranger to the financial industry as he is widely known as the co-founder of the RHB Banking Group, the fourth largest, fully integrated financial services group in Malaysia.
It all started in , when Abdul Rashid secured a broker’s licence and set up Rashid Hussain Securities Sdn Bhd. Under his stewardship, Rashid Hussain Securities became one of the leading stockbrokers in Malaysia, being the first in the country to do in-house research on Malaysian companies in
Later in , Abdul Rashid acquired a 75% stake in Kwong Yik Bank Bhd, which was then merged with DCB Bank Bhd in to form RHB Bank Bhd, making it the country’s biggest-ever banking merger at that time.
In less than a decade, he built a financial services conglomerate comprising a stockbroking firm, a commercial bank, a finance company and a merchant bank.
The group's current core businesses are structu