KUALA LUMPUR, July 18 (Bernama) -- Dato’ Sri Nazir Razak, Group Chief Executive,
CIMB Group, received the "Euromoney Award for Outstanding Contribution" to Asian
financial markets today in a special ceremony in London. One of the most
prestigious awards in global finance today, recent recipients of the Award
include Vikram Pandit, CEO Citigroup, Josef Ackerman, former CEO Deutsche Bank
and Roberto Setubal, CEO Banco Itau (of Brazil).
“Nazir has driven what is undoubtedly one of the runaway success stories of
South East Asian markets. Over the past year CIMB, the bank he leads, has
reinforced its acclaimed credentials by posting strong growth across the board
in deposits, mortgages, personal financing wealth management, credit cards and
several other areas,” said Clive Horwood, Editor of Euromoney.
“He has also demonstrated his determination to make CIMB a strong player across
the region, notably with the acquisition of RBS’s Asia-Pacific investment
banking business. For his establishment of a quality franchise, his strategic
vision, strong leadership and work on market development, the winner of
Euromoney’s Outstanding Contribution to Asian Financial Markets Award this year
goes to Nazir Razak from CIMB,” added Clive.
The Award recognises Nazir’s many achievements over the course of his tenure at
CIMB Group, both in terms of building one of Asia’s leading banking groups and
in CIMB’s role in developing Malaysia’s banking and capital markets.
“I am humbled to be recognised on a personal level for CIMB''s achievements by
Euromoney, the most venerable name in international financial journalism, and
stand alongside the excellent international bankers that have previously
received this award,” said Nazir.
“My gratitude goes to the thousands of staff, past and present, who have worked
the CIMB cause with me; in Malaysia, in ASEAN and beyond. Our strategic
direction, approach and perseverance are further vindicated by this prestigious
award. We march on from here even more confidently," he added.
In addition to the Outstanding Contribution Award for Dato’ Sri Nazir Razak,
CIMB Group also won the 2012 Euromoney Awards for Malaysia’s Best Bank and
Malaysia’s Best Investment Bank. CIMB Group has won the best bank award for
three consecutive years and the best investment bank award for six consecutive
years - the first time this feat has been achieved anywhere in the world,
according to Euromoney.
"Defending is always tougher than winning, so we are absolutely delighted to
retain both awards yet again," commented Nazir on the two other awards.
Euromoney, a leading financial magazine, is published monthly and covers the
latest developments in the global financial world. Championing the growth of
international cross-border capital markets since 1969, Euromoney is the prime
magazine of the wholesale financial world, its institutions and its users.
About CIMB Group
CIMB Group is Malaysia’s second largest financial services provider and one of
ASEAN’s leading universal banking groups. It offers consumer banking, investment
banking, Islamic banking, asset management and insurance products and services.
Headquartered in Kuala Lumpur, the Group is now present in eight out of 10 ASEAN
nations (Malaysia, Indonesia, Thailand, Singapore, Cambodia, Brunei, Vietnam and
Myanmar). Beyond ASEAN, the Group has market presence in China, Hong Kong,
Bahrain, India, Sri Lanka, the US and UK.
CIMB Group has the largest retail branch network in ASEAN of 1,115 branches as
at 31 March 2012. CIMB Group’s Investment Banking arm is also emerging as the
largest Asia Pacific-based investment bank following its recently announced
purchase of RBS’ Asia Pacific Investment Banking and Cash Equities operations.
CIMB Group operates its business through three main brand entities, CIMB Bank,
CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 97.9% shareholder
of Bank CIMB Niaga in Indonesia, and 93.2% shareholder of CIMB Thai in Thailand.
CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a
market capitalisation of approximately RM57.2 billion as at 31 March 2012. The
Group has over 40,000 employees located in 16 countries.
SOURCE: CIMB Group
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