Nazir Razak was Chief Executive Officer of CIMB Group from 2006-2014. He is now Chairman of the Group and also the President Commissioner of PT Bank CIMB Niaga Tbk. He graduated from the University of Bristol with a Bachelor of Science (Hons) degree and obtained a Master of Philosophy (MPhil) from the University of Cambridge.
He joined the corporate advisory department CIMB Investment Bank in 1989 and managed various fund raising, privatisation, listing and corporate restructuring exercises. In 1993, he transferred to the bank’s stockbroking arm where he rose to the position of Executive Director. He moved back to CIMB Investment Bank as Deputy Chief Executive on 1 June 1996 and became Chief Executive on 1 June 1999. He assumed the position of Group Chief Executive of CIMB Group on 7 November 2006.
During his tenure as Chief Executive Officer of CIMB, Nazir has been recognised as Malaysia’s top CEO on several occasions. He was the youngest recipient of FinanceAsia’s ‘Lifetime Achievement Award’ in 2009 and was also awarded Euromoney’s 2012 Outstanding Achievement Award’ in recognition of this outstanding contribution to the Asian Financial Markets. In 2015, he was conferred the prestigious Asia House Asian Business Leaders Award for his overall contribution to the economic success, professional excellence, moral leadership and service to society.
Nazir was recently appointed as a Director of Khazanah Nasional Berhad. He holds directorships in various CIMB companies and is a member of the Investment Panel and Chairman of the Investment Panel Risk Committee of the Employees Provident Fund Board. He is also a Trustee of the Rahah Foundation and the Pride Foundation.