CIMB makes changes to top management line-up
KUALA LUMPUR: CIMB Group Holdings Bhd has made changes to its top management line-up, with Ahmad Shahriman Mohd Shariff being appointed as CIMB Islamic Bank Bhd and group Islamic banking chief executive officer (CEO).
He will succeed Rafe Haneef, who will become the group transaction banking CEO effective October 1.
The bank said the appointments were part of its long-term strategy to ensure its franchise, as a leading Asean multinational, would continue to remain strong against a fast-evolving and challenging operational landscape.
These new changes will help the group in its drive to meet its priorities according to its growth plan, Forward23, for the period of 2019 to 2023, it added.
Shahriman brings with him 16 years of experience in various capacities and functions.
He headed various positions at several global financial institutions, covering global banking and markets, as well as Islamic banking and Islamic structuring in Asia-Pacific.
Since joining CIMB, Rafe on the other hand, has successfully institutionalised the dual banking model, leveraging on the conventional banking business to expand CIMB’s Islamic business.
CIMB also said Victor Lee Meng Teck, current group commercial banking CEO, will take on an additional role as CIMB Bank Singapore country head and CEO effective January 1.
Victor will succeed Mak Lye Mun, who will retire from the position on December 31.
CIMB said Mak would remain as adviser to Group CEO Tengku Datuk Seri Zafrul Tengku Abdul Aziz.