Tan Sri Abdul Rashid Hussain is a prominent figure in Malaysia’s financial services sector, with an impressive track record spanning over five decades in various fields such as securities, fund management, merchant banking, as well as commercial and consumer banking.
Tan Sri Abdul Rashid spent his formative years in England, where he received his secondary and higher education, laying the foundation for his extraordinary journey as a banking figure. He began his career on a global scale, honing his skills with prestigious financial service institutions worldwide, including notable names like Strauss & Turnbull, Rothschild & Sons Ltd in England, Daiwa Securities in Japan, and Salomon Brothers Inc. in New York. This international exposure provided him with invaluable experience in the intricacies of the financial sector, which proved highly beneficial as he built his career in banking.
He previously served as a Board Member and the first Chairman of the Khazanah Nasional Berhad Executive Committee from 1994 to 1998, and as the Chairman of Putrajaya Holdings from 1995 to 2000. Additionally, he served on the Board of Directors of Malaysian Airline System Berhad from 1993 to 1997 and Cycle & Carriage Bintang Bhd from 1993 to 2008.
As a founding member and Chairman of the Prime Minister of Malaysia’s Fellowship Exchange Foundation, established in 1993, Abdul Rashid played a crucial role in fostering a culture of education and lifelong learning across all fields. Most recently, he was appointed as the new Chairman of Lembaga Tabung Haji (TH), starting in December 2023.
His extensive expertise and deep experience in finance have elevated him as one of the key individuals behind significant shifts and progressive advancements in Malaysia’s financial services industry. His contributions have played a pivotal role in enhancing Malaysia’s global competitiveness, fostering transformative change, and driving the evolution of the country’s financial landscape.
In line with UTeM's momentum of excellence, Tan Sri Abdul Rashid Hussain was appointed as the Pro-Chancellor of Universiti Teknikal Malaysia Melaka (UTeM), effective from May 1, 2024, until April 30, 2027. His letter of appointment was presented by the Yang di-Pertua Negeri of Melaka, Tuan Yang Terutama Tun Seri Setia (Dr.) Hj. Mohd Ali bin Mohd Rustam, who is also the Chancellor of UTeM. With his leadership and experience, UTeM is expected to achieve further remarkable success and continue to shine on the global stage.