Nazir says ready to step down from CIMB

Nazir says ready to step down from CIMB

The CIMB Group chairman says after three decades in the job, he will only do what is best for the bank.

Free Malaysia Today
CIMB Group chairman Nazir Razak. (Reuters pic)
KUALA LUMPUR:
CIMB Group chairman Nazir Razak, whose term as chairman ends in August next year, said he had not decided whether to seek an extension.

Nazir said no communications were made with anyone or any bodies concerning his position.

“The CIMB chairmanship is decided by the board, shareholders and Bank Negara Malaysia.

“If at any time, one of them would like me to step aside, I must and I would.

“I have spent 29 years here, my only job, and I will always do what is best for CIMB,” he said.

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