KUALA LUMPUR – CIMB Group Holdings Bhd has announced that Datuk Abdul Rahman Ahmad will step down as its group chief executive on June 30 after serving the group for four years since 2020.
To facilitate the transition, the group also announced that Datuk Mohd Nasir Ahmad, who was originally due to retire in July upon the completion of his nine-year tenure as a board director, will remain as group chairman.
Nasir was also redesignated as a non-independent, non-executive director effective July 20.
“CIMB Group has a robust succession plan in place, which has been activated and the board will be announcing the new group CEO of CIMB Group in due course, once regulatory approval is received,” the banking group said in a statement today.
Nasir said Rahman had done an excellent job, driving CIMB’s transformation under the Forward 23+ strategic plans, and had been instrumental in putting CIMB on a solid footing as a leading Asean-focused bank.
Under Rahman’s leadership, he said the group recorded strong growth in financial performance, strengthened operating resiliency, accelerated its digital initiatives, raised the bar for sustainability, as well as helped instil a strong CIMB culture.
“On behalf of the board I would like to thank Datuk Abdul Rahman for all his contributions to the group and we wish him well in his next role,” he added. – April 16, 2024