CIMB’s Singapore CEO Resigns
Kuala Lumpur-headquartered CIMB’s Singapore chief executive officer has resigned and an interim head has been named.
CIMB Singapore CEO and CEO of growth markets, Victor Lee Meng Teck, has resigned to pursue other opportunities and will be on gardening leave with immediate effect, according to a statement. Lee joined CIMB in January 2019 and was named CEO, group commercial & transaction banking before becoming CIMB Singapore CEO in January 2020.
To ensure stability, Novan Amirudin, CEO of CIMB Group, will oversee the growth markets as acting CEO while Andrew Boey, chief financial officer, CIMB Singapore will step in as the officer-in-charge of CIMB Singapore to assume day-to-day leadership responsibilities.
«Victor has been instrumental in transforming and institutionalizing CIMB Singapore for continued sustainable success, driven by CIMB Group’s EPICC culture. As we look to the future, we are confident in the strength and depth of our bench strength, comprised of experienced and highly capable leaders, well prepared to carry forward our strategic priorities under our Forward30 plan,» commented Amirudin.
