Board of Directors
Dato’ Sri Nazir Razak
Dato' Sri Nazir Razak is responsible for CIMB Group's transformation from a Malaysian investment bank to the 5th largest bank in ASEAN.
Nazir was formerly the Chairman of CIMB Group, a position he assumed after being with the bank for 15 years. He first joined CIMB Investment Bank’s corporate advisory department in 1989 and served in the bank in various capacities before being appointed CEO in 1999. Today, CIMB Group is Malaysia’s 2nd largest financial services group, with total assets of around $114 billion and a staff force of over 41,000. CIMB Group has operations in 17 countries but positions itself as an ASEAN franchise. The group caters to the universal banking needs of over 13 million customers. Operating on a dual banking model, CIMB Group also offers Shariah-compliant financial solutions and is consistently the world’s number one in sukuk issuances. CIMB IB is the largest indigenous investment bank in Asia Pacific. Under Nazir’s leadership, CIMB Group and Nazir himself have won numerous international and local awards in recent years. He was the youngest recipient of Finance Asia’s ‘Lifetime Achievement Award’ in 2009 and was awarded Euromoney’s ‘Outstanding Achievement Award’ in 2012. Nazir’s strong advocation for ASEAN economic integration has led to the establishment of ASEAN Business Club as well as the CIMB ASEAN Research Institute. In October 2015, Nazir was honored with the prestigious Asian Business Leaders Award by Asia House for demonstrating the potential of ASEAN region and how cooperation and partnership between the member countries offer tremendous opportunities to their country and people. He graduated from the University of Bristol with a B.Sc. (Hons) and obtained an M.Phil. from the University of Cambridge. Nazir is a founding Board Member of Endeavor Malaysia.