Nazir Razak to leave CIMB

KUALA LUMPUR: CIMB Group Holdings Bhd announced on Monday that its chairman, Datuk Seri Nazir Tun Razak, will step down from his post and all other positions within the group by Dec 31, 2018.

“The CIMB board of directors will now activate its succession plan to decide on the next chairman and the exact date of handover,” the bank said in a statement today.