CIMB Aiming to Become a Leading ASEAN Banking Group

Tengku Dato’ Sri Zafrul Aziz

Tengku Dato’ Sri Zafrul Aziz

Malaysia's CIMB universal bank has appointed a Group CEO, who will guide the company to new heights.

With this appointment, effective January 20, Tengku Dato’ Sri Zafrul Aziz will step down from his position as CEO of CIMB Investment Bank, but remain the CEO of CIMB Bank.

In the interim, according to a statement released on Wednesday, the Board has elected Dato' Kong Sooi Lin, Deputy Chief Executive Officer of CIMB Investment Bank, as the Person-in-Charge.

ASEAN Banking Aspirations

«This appointment reflects the Board's confidence in Zafrul and underscores his accomplishments as Group CEO since his appointment as he leads the firm through a challenging period of change and transition. CIMB Bank is our largest operating entity and this move consolidates his position as the Group's primary executive officer,» said Dato’ Sri Nazir Razak, Chairman of CIMB Group.

Tengku Dato’ Sri Zafrul commented, «It is indeed an honour to be entrusted with this responsibility and I look forward to working closely with the leadership team and the rest of the staff in guiding CIMB Bank towards becoming a leading ASEAN banking group.»

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