RAM Holdings appoints acting group CEO following retirement of group head
A leadership transition is taking place at RAM Holdings Bhd following the retirement of its group chief executive and executive director at the end of September 2026. Julie Ng will take over as acting group head from 1 Oct while retaining her position as CEO of RAM Ratings.
Highlights
- Chris Lee Wai Kit will retire as CEO of RAM Holdings Group effective 30 Sept 2026, to be succeeded by Julie Ng from 1 Oct.
- Julie Ng, CEO of RAM Ratings since April 2024, has been appointed acting CEO of RAM Holdings and executive director of RAM Ratings from October.
- Ng's appointment, backed by more than 32 years of experience, is expected to drive RAM Group's transformation and growth while maintaining integrity and operational continuity in Malaysia's ratings sector.
This article was translated from the original. Read the original version by our correspondent here.
Details of RAM's leadership transition
As reported by The Edge Malaysia, RAM Holdings Bhd announced the retirement of Chris Lee Wai Kit as group chief executive officer and executive director of RAM Holdings and RAM Rating Services Bhd, effective 30 Sept 2026.Julie Ng has been appointed acting group chief executive officer of RAM Holdings effective 1 Oct, and executive director of RAM Ratings from 15 Oct. The group said Ng will continue to serve as CEO of RAM Ratings, a position she has held since April 2024.
In a media statement on Monday, RAM Holdings and RAM Ratings chairman Datuk Kamaruddin Taib thanked Lee for his service. He said Lee's contributions supported the group's continued solid development, while his commitment to RAM and its values will be remembered.
Impact on the ratings group's direction
Ng brings more than 32 years of experience, including leading various strategic initiatives across credit ratings, credit risk management, financial services consulting, data analytics and research.Kamaruddin said Ng's appointment reflects the board's confidence in her leadership to drive RAM Group into its next phase of transformation and growth, while maintaining the independence, integrity and excellence that underpin the group's reputation. This leadership change signals the company's continued focus on operational continuity in Malaysia's ratings and financial services sector.
In our earlier report on IOI Properties Group Bhd's discussions on a secondary listing on the Singapore Exchange (SGX), we examined how Malaysian companies are using corporate measures to broaden access to capital markets and support growth. The article also compiled several financing, investment and restructuring initiatives across various sectors, reflecting an emphasis on operational continuity and strengthening strategic direction.
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