CIMB Group succession plan in progress


KUALA LUMPUR: CIMB Group Holdings Bhd announced that it has activated its succession plan for the role of Group CEO and CEO, CIMB Bank Bhd.

The appointment is to replace Tengku Datuk Seri Zafrul Tengku Abdul Aziz, who relinquished his position to join the Malaysian government as the Finance Minister. This process will be managed by the board with the appointment subject to the approval of Bank Negara Malaysia.

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