Paul Wong appointed CIMB Thai president and CEO

Paul Wong Chee Kin has been appointed as president & CEO of CIMB Thai, effective Feb 1.

KUALA LUMPUR: Paul Wong Chee Kin has been appointed as president & CEO of CIMB Thai, effective Feb 1, CIMB Group said on Friday.

He succeeds Sutee Losoponkul, who was acting president & CEO since September 2020 following the departure of the previous CEO, Adisorn Sermchaiwong.

Sutee will remain with CIMB Thai and assume the role as adviser to the president & CEO up to Dec 31,2021.

CIMB Group said these appointments have received approval from the Bank of Thailand.

Wong is currently CIMB’s group chief operations officer, overseeing activities across functions in the areas of payments and digitalisation as well as strategy, customer delivery and process improvements.

“With more than 25 years of experience in banking and finance in Asean, Paul Wong brings with him deep insight and knowledge of the industry and region, ” it said.

Wong started his career at CIMB Group in 2007 as senior vice president, head of sales management – consumer sales & distribution of CIMB Bank Bhd and has been assigned to various positions within the group including stints in the Philippines and Singapore.

He has a strong track record in strategic projects regionally, in digitalisation and transformation, and brings in-depth functional experience in operations, having successfully led and transformed Group Operations.

Wong also served on the board of directors for Principal Asset Management Bhd. Prior to CIMB, he served in various capacities in several financial institutions in both Malaysia and Singapore.

Chairman of CIMB Group, Datuk Mohd Nasir Ahmad, said, “Paul is a proven senior talent in CIMB having served in various capacities across the Group for 13 years and I am delighted to welcome him to the role.

“Thailand is a strategic market for CIMB as we work towards our vision to be the leading focused Asean bank. His extensive industry and management experience will be instrumental in driving our ambitions and plans to build an even stronger and sustainable CIMB franchise for the benefit of our clients.”

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