Majlis Konvokesyen ke-24 USIM | 2026

“Integrasi Ilmu Tonggak Kebitaraan Graduan” 22 I Tan Sri Abdul Rashid Hussain is a distinguished Malaysian corporate, banking and financial leader with more than five decades of experience spanning securities, fund management, merchant banking, commercial and consumer banking, and Islamic finance. His extensive professional journey has established him as an important figure in Malaysia’s financial landscape and enabled him to contribute significantly to institutional development, education, governance, and the welfare of the Muslim community. He currently serves as Chairman of Lembaga Tabung Haji, a position he has held since December 2023, and as President of the International Islamic University Malaysia (IIUM) since 1 July 2025. Tan Sri Abdul Rashid spent much of his formative educational years in England. His international exposure subsequently extended into the financial sector, where he gained valuable experience with prominent institutions including Strauss & Turnbull and Rothschild & Sons Ltd in England, Daiwa Securities in Japan, and Salomon Brothers Inc. in New York. In 1975, he returned to Kuala Lumpur and joined Bumiputra Merchant Bankers Berhad. That same year, he also completed the Stock Exchange Examination in London. A defining chapter in his entrepreneurial journey began in 1983 when he established Rashid Hussain Securities (RHS). From a modest securities firm with approximately a dozen employees, RHS expanded under his leadership and eventually evolved into RHB Bank in 1997, becoming one of Malaysia’s leading integrated financial services groups. Under his stewardship, the RHB Group expanded its presence across various financial sectors and regional markets, including Malaysia, Singapore, Thailand, the Philippines, Indonesia and Brunei. Tan Sri Abdul Rashid also played a pioneering role in developing Islamic finance in Malaysia. In 1993, he introduced Islamic Banking services at RHB Bank, followed by Islamic Brokerage Services at RashidHussain Securities in 1994. His leadershipalso facilitated several prominent Islamic placements and bond issues for major Malaysian corporations and infrastructure projects. Internationally, he served for 18 years, from 2000 to 2018, as an Advisory Board Member of the Islamic Corporation for the Development of the Private Sector , established by the Islamic Development Bank in Jeddah. His leadership has extended far beyond banking. Tan Sri Abdul Rashid served as the first Chairman of the Executive Committee of Khazanah Nasional Berhad from 1994 to 1998 and as Chairman of Putrajaya Holdings Sdn. Bhd. from 1995 to 2000. He is also a foundingmember of the Asian Corporate Governance Committee, through which he actively promoted transparency and accountability in corporate governance. In 2022, His Majesty the Yang diPertuan Agong appointed him as a member of the Royal Commission of Inquiry into the operations and management of Lembaga Tabung Haji. His commitment to education and Islamic intellectual development is equally noteworthy. He is a founding member and Chairman of the Prime Minister of Malaysia’s Fellowship Exchange Foundation and Yayasan Barakah, a non-profit foundation established to support charitable causes and promote education and Islam. From 2018 to 2020, he served as Chairman of the Trustees of the International Institute of Islamic Thought and Civilization (ISTAC) Trust Fund. Having served on the Board of Governors of IIUM since 2018, he was appointed President of IIUM in July 2025. He was also appointed Pro-Chancellor of Universiti Teknikal Malaysia Melaka in May 2024.