CIMB Singapore axes three business heads amid shake-up in bank
Add BT as a preferred source
CIMB Singapore has dropped three long-time banking heads, as the lender restructures its business amid dismal results in the Republic.
The three business heads cut are Josandi Thor, head of consumer banking, Yong Jiunn Run, head of commercial banking, and Lai Ven-Li, head of corporate banking.
The Business Times understands that this was announced in an internal memo to Singapore staff earlier this week.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully
