You are here


New CIMB CEO sets ambitious goals to be met by 2018

He says realities today render some historical IB cost structures irrelevant.

"Our Asian platform will be intact but we will have to operate it at the right cost structure in line with the difficult market environment." - Mr Zafrul (above)

FROM as early as 2004 when savvy banker Zafrul Abdul Aziz helmed a smallish Malaysian state-owned financial services outfit Avenue Capital Resources, he never quite took his eye off the ball, despite switching several jobs along the way.

That gilded ball fell on Mr Zafrul's lap when CIMB