Business News

Friday, 16 October 2015

Nazir receives prestigious Asia House award

KUALA LUMPUR: CIMB Group chairman Datuk Seri Nazir Razak was conferred the prestigious Asia House Asian Business Leaders Award at the Asia House Gala Award Dinner in London recently.

The award is in recognition of his business credentials and moral leadership.

In a statement yesterday, chairman of Asia House Sir John Boyd said he was delighted to acknowledge the success and good works of Nazir.

“He has underlined the benefits of cooperation and partnership across Asean through his support of learning, independent research and charitable works, as well as in his ambitious business strategy, demonstrating how a commercially successful Asean-wide initiative can bring people together for the common good,” he added.

The Asia House Asian Business Leaders Award recognises an individual for his or her overall contribution towards economic success, professional excellence, moral leadership and service to society.

Over the course of Nazir's 26-year tenure at CIMB Group, he steered it from a small merchant bank to becoming the Asean universal banking powerhouse of today.

He laid the foundation for the CIMB Group’s rise to become Malaysias second-largest financial services group, the largest Asia Pacific-based investment bank as well as a leading global Islamic bank.

“This award recognises the achievements of my many colleagues at CIMB who have been with me since our days as a small merchant bank with about 70 staff members in Kuala Lumpur in the late 1980s, to what we are today, an Asean financial powerhouse with 40,000 employees in 17 countries.

“My career has also been about bringing together Asean businesses in support of economic integration, so this award is also a tribute to the team at the CIMB Asean Research Institute, and my colleagues at the Asean Business Club," said Nazir.

The Gala Dinner was attended by more than 250 business and political figures from Asia and the United Kingdom, including a delegation from the Asean Business Club. – Bernama

Tags / Keywords: Banking , Stocks , Earnings , Corporate News , Investing , Nazir Razak

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