Nazir takes leave of absence saying ‘Reputation of the bank my priority’


CIMB Group Holdings Bhd chairman Datuk Seri Nazir Tun Razak(right) and (left) group CEO Tengku Datuk Seri Zafrul Aziz at the press conference after CIMB's 59th Annual General Meeting. - Rickay Lai/The Star

KUALA LUMPUR: The outcome of what was supposed to have been a normal shareholders’ meeting of CIMB Group Holdings Bhd caught everybody by surprise.

By mid-morning, the buzz was that chairman Datuk Seri Nazir Razak was taking leave of absence to facilitate the review of the bank’s anti-money laundering processes.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Malaysia clinches RM1.8bil sales at Gulfood 2026
Steel Hawk unit secures PETRONAS deal
One Credit debuts smart fintech system
Dividend yield catalyst for CelcomDigi re-rating
HIB acquires 51% stake in Woodpeckers
Dialog enters recovery year driven by midstream recurring income
OGX launches IPO ahead of ACE Market listing
Critical Holdings wins RM35mil design contract
Rousing outlook for Heineken in FY26

Others Also Read