CGS-CIMB announced today the appointment of two seasoned industry leaders to their executive team. The company has enhanced their management team in a bid to achieve its very ambitious growth targets for the coming years. The move comes as part of a Business Transformation initiative to drive the company for expansion and growth.
Azizah Mohd Yatim has been appointed as the new Chief Executive Officer (Designate) of CGS-CIMB. Azizah brings over 30 years of experience in the financial industry, having served as Head of New Clients & Business Development at Maybank Investment Bank and Executive Director at KAF Equities. She was previously a board member for KAF Equities & Philip Capital Management. She will continue to grow the CGS-CIMB franchise to ensure high quality and consistent service to institutional and retail clients.
“I am excited to lead the team which is one of Asia’s leading securities firms. As Country Head, I will ensure we will strengthen our business and retain our top ranking on Bursa Malaysia,” she said.
Adding on to the notable ranks is Khairi Shahrin Arief bin Baki, who will join Azizah as the Deputy CEO of Sales. Khairi has also held various senior positions prior to joining CGS-CIMB as Senior Vice President, Head of Digitalization, at MIDF Group Bhd and CEO of i-VCAP Management. He had also played an integral role during his time at JP Morgan and at Citigroup Global Markets where he built strong relationships with clients like EPF, PNB, and KWAP. Moving forward he will spearhead CGS-CIMB sales and growth plans.
He will work alongside Alan Inn, the existing Deputy CEO, who will continue to serve in his current position. Alan has been an integral part of the senior leadership team and will be primarily responsible for products and capabilities. Combined with the skills and expertise of Azizah and Khairi, Alan’s extensive knowledge and long-standing contribution to CGS-CIMB will add to future innovations and better service excellence.
“We are confident in our new Malaysia leadership that promises to raise the CGS-CIMB brand to new levels,” said Carol Fong, Group Chief Executive Officer. “Their extensive experience and expertise in their respective fields will be instrumental in achieving our ambitious goals for 2023. CGS-CIMB aims to be a leading and trusted financial services group in Asia, leveraging our strong research capability, wide networks, and backing from our formidable shareholders to create value for investors through our extensive suite of financial services and solutions built with a deep understanding of Asia.”
CGS-CIMB is one of the largest securities firms in Asia with over 40 years of operations. The new plan that has been set in motion for the Malaysian market comes during a time when there is renewed confidence by both local and foreign investors in the Southeast Asian region.
Source: CIMB
