CIMB Group has appointed Mak Joon Nien as CEO of Growth Markets and CEO of CIMB Singapore, subject to regulatory approval.
Mak will be based in Singapore and will join the CIMB Group Executive Committee.
In his role as CEO of Growth Markets, he will lead CIMB Singapore and oversee CIMB Thailand and CIMB Cambodia.
His focus will be on accelerating business growth, strengthening cross-border connectivity and advancing regional opportunities.
Novan Amirudin, Group CEO of CIMB Group, said,
“Growth Markets is a key pillar of CIMB’s ASEAN strategy, and Mak’s deep regional experience, strong execution track record and client relationships will accelerate the group’s ambition in cross-border banking, regional wealth management and investment advisory.
We look forward to working together to further strengthen CIMB’s ASEAN franchise and position the Group as top-of-mind ASEAN bank by 2030.”
Mak has nearly three decades of international banking experience.
He began his career at Standard Chartered in 1997 and spent 15 years in Singapore, focusing on mergers and acquisitions and leveraged finance.
Mak later served as Managing Director responsible for private equity client coverage, before returning to Malaysia in 2017 to lead Standard Chartered’s Corporate, Commercial and Institutional Banking business.
In 2022, he was appointed the first homegrown CEO of Standard Chartered Malaysia.
Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Magnific