Zafrul quits CIMB CEO post


Commenting on his new appointment, Tengku Zafrul said in a separate statement that he would like to thank Muhyiddin for giving him the trust and opportunity to serve the nation.“I am humbled by this enormous responsibility especially at a time when the country is facing unprecedented economic challenges."

PETALING JAYA: CIMB Group Holdings Bhd group chief executive officer Tengku Datuk Seri Zafrul Aziz has relinquished his position with the banking group with immediate effect following Prime Minister Tan Sri Muhyiddin Yassin’s announcement of his appointment as the Finance Minister.

In a statement yesterday, CIMB said Tengku Zafrul had also resigned from all other board positions.

Commenting on his new appointment, Tengku Zafrul said in a separate statement that he would like to thank Muhyiddin for giving him the trust and opportunity to serve the nation.“I am humbled by this enormous responsibility especially at a time when the country is facing unprecedented economic challenges.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Tengku Zafrul Aziz , CIMB , CEO , quit , Finance Minister ,

Next In Business News

Singapore roars into the new year
Power struggle unfolds at DFCity
Luxury real estate trends in 2026
Shield against AI hazards
Enhance local content terms
Department stores bet on experiences
Asia to lead next AI wave
FROM BANGSAR TO BEYOND
SC Estate Builder’s hotel acquisition under scrutiny
China’s gold rush continues

Others Also Read