CIMB’S NAZIR RECEIVES OUTSTANDING CONTRIBUTION AWARD FROM EUROMONEY

  • Tuhan Harun case postponed again to July 22 – Bernama
    Tuhan Harun case postponed again to July 22 – Bernama

    The Lower Shariah Court today postponed again the case of leader of the “Tuhan Harun” deviant sect, Harun Mat Saat, to July 22. Judge Abdul Wahid Mohd Ali set the date after hearing the application from Pahang Islamic Religious Department deputy prosecutor Mohd Fahmi Abd Jalil that he needed more time to examine the legal representation... …

  • What if flight MH370 is never found?
    What if flight MH370 is never found?

    Despite assurances from Malaysia and Australia that the search will continue for Malaysia Airlines flight MH370, the lack of significant leads after almost seven weeks are leading many to ask: What if the jetliner that disappeared over the southern Indian Ocean is never found? At the start of the massive international search effort, such a... …

  • New law to give Sarawak natives freedom in purchasing customary rights land
    New law to give Sarawak natives freedom in purchasing customary rights land

    Bumiputera from Sarawak could eventually buy Native Customary Rights (NCR) land outside their ethnic group or community when the state amends its Land Code in November. Chief Minister Tan Sri Adenan Satem (pic, right), in disclosing the government's intention to table the amendment at its Budget sitting, said with the amendment the Iban, for... …

  • Cops cannot declare May Day rally illegal, lawyer says
    Cops cannot declare May Day rally illegal, lawyer says

    KUALA LUMPUR, April 24 — There are no provisions under the Peaceful Assembly Act (PAA) 2012 that allows the authorities to declare the anti-GST rally planned for May 1 as illegal, human rights... …

  • On May Day, trade unions to rally against GST, TPPA
    On May Day, trade unions to rally against GST, TPPA

    SUBANG JAYA, April 24 — The Malaysian Trades Union Congress (MTUC) announced today a May Day rally to protest against Putrajaya’s newly-approved consumption tax system and a US-led free trade... …

  • Rafizi rips apart deputy minister's grant denial

    A PKR leader has pointed out that Abu Bakar Mohamad Diah referred to grant recipients from a different time period when denying that RM100 million was allocated to a firm purportedly favoured by Prime Minister Najib Abdul Razak. Rafizi Ramli also questioned if this was an oversight on the part of the science, technology and innovation deputy minister or a deliberate attempt to put a lid on the matter. In a statement today, the PKR director of strategy said Abu Bakar (left) disclosed to the …

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

FOR MORE INFORMATION PLEASE CONTACT:

NAME : Effendy Shahul Hamid

Head of Group Marketing and Communications

CIMB Group

TEL : +603 2087 3030

FAX : +603 2093 1008

EMAIL : effendy.hamid@cimb.com

--BERNAMA

Follow @YahooMalaysia on LINE for daily news updates.

Comments on Yahoo pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo is not responsible or liable in any way for comments posted by its users. Yahoo does not in any way endorse or support comments made by its users.

  • MH370 passenger’s partner tells of strange email from sacked Fox officer The Malaysian Insider
    MH370 passenger’s partner tells of strange email from sacked Fox officer

    The partner of an American passenger aboard the missing Malaysia Airlines flight MH370 has spoken about how a Fox executive who was recently sacked by the news station had contacted her offering to raise funds on her behalf. Sarah Bajc, whose partner Philip Wood is among the 239 people on board the missing plane, told the Sydney Morning Herald... …

  • My last moments with Pa: Ramkarpal Singh The Malaysian Insider
    My last moments with Pa: Ramkarpal Singh

    A week after the tragic crash that took the lives of veteran lawyer and politician Karpal Singh and his personal aide, Michael Cornelius, his son Ramkarpal recounts the final hours with his father that fateful day. This is his story, as told to V. Anbalagan, assistant news editor. “My parents (Karpal and Gurmit) had gone to Pantai Hospital... …

  • Absolute power corrupts absolutely, Dr Mahathir reminds current leaders The Malaysian Insider
    Absolute power corrupts absolutely, Dr Mahathir reminds current leaders

    Malaysian leaders have been reminded not to look down on the public’s capability to topple a corrupt government as what had happened in the Middle East during the Arab spring, warned Tun Dr Mahathir Mohamad (pic). In his latest blog posting today, the country’s longest serving prime minister said that monarchs and dictators in the Middle East... …