CIMB Group enhances efficiency


CIMB acting group chief executive Tengku Datuk Zafrul Tengku Abdul Aziz

PETALING JAYA: CIMB Group Holdings Bhd and its Indonesian arm PT CIMB Niaga Tbk have offered their employees a voluntary Mutual Separation Scheme (MSS) in efforts to enhance efficiency.

The group said in a filing with Bursa Malaysia that the MSS was put in place after considering the current operating cost structures and desired efficiency levels across the franchise.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
InNature diversifies into the F&B industry
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Perak Corp gets extension
Calls for planters to increase use of technology
Awanbiru share suspension waiver
MAA raises stake in KNM Group to 13.5%
UOB Kay Hian bags award for Islamic stockbroking

Others Also Read