Nazir Razak to take over as chairman of CIMB Group (Update)


Datuk Seri Nazir Razak will relinquish his post as CIMB Group Holdings Bhd group chief executive and take over as the chairman.

KUALA LUMPUR: Datuk Seri Nazir Razak will take over as chairman of the CIMB Group from Tan Sri Md Nor Yusof with effect from Sept 1.

The banking group said on Thursday, Nazir would relinquish his position as Group CEO which he had held for 15 years.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Steady economic improvement reported
SoftBank's Son says AI will need US$5 trillion per year by 2040, dismisses bubble talk
REHDA calls for data-driven framework to stabilise housing market
Sin-Kung Logistics to explore collaboration with HK's airport authority
Banks, PETRONAS stocks push FBM KLCI past 1,700
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
Ringgit opens higher vs dollar amid uncertainties in West Asia
FBM KLCI holds at 1,700 as oil supply fears cast cloud over global economy
Singapore Q2 GDP up 5.7% y-o-y, preliminary data shows, just above�expectations
Trading ideas: SimeProp, Milux, Maxland, Kim Teck, Velesto, Aneka, Perak, Vinvest, Tanco, Techna-X, AZRB, AirAsia, Bursa, PRG, KSL

Others Also Read