Kuala Lumpur: Dato' Sri Nazir Razak, Group Chief Executive, CIMB Group, received the "Euromoney Award for Outstanding Contribution" to Asian financial markets today in a special ceremony in London. One of the most prestigious awards in global finance today, recent recipients of the Award include Vikram Pandit, CEO Citigroup, Josef Ackerman, former CEO Deutsche Bank and Roberto Setubal, CEO Banco Itau (of Brazil).

"Nazir has driven what is undoubtedly one of the runaway success stories of South East Asian markets. Over the past year CIMB, the bank he leads, has reinforced its acclaimed credentials by posting strong growth across the board in deposits, mortgages, personal financing wealth management, credit cards and several other areas," said Clive Horwood, Editor of Euromoney.

"He has also demonstrated his determination to make CIMB a strong player across the region, notably with the acquisition of RBS's Asia-Pacific investment banking business. For his establishment of a quality franchise, his strategic vision, strong leadership and work on market development, the winner of Euromoney's Outstanding Contribution to Asian Financial Markets Award this year goes to Nazir Razak from CIMB," added Clive.

The Award recognises Nazir's many achievements over the course of his tenure at CIMB Group, both in terms of building one of Asia's leading banking groups and in CIMB's role in developing Malaysia's banking and capital markets.

"I am humbled to be recognised on a personal level for CIMB's achievements by Euromoney, the most venerable name in international financial journalism, and stand alongside the excellent international bankers that have previously received this award," said Nazir.

"My gratitude goes to the thousands of staff, past and present, who have worked the CIMB cause with me; in Malaysia, in ASEAN and beyond. Our strategic direction, approach and perseverance are further vindicated by this prestigious award. We march on from here even more confidently," he added.

In addition to the Outstanding Contribution Award for Dato' Sri Nazir Razak, CIMB Group also won the 2012 Euromoney Awards for Malaysia's Best Bank and Malaysia's Best Investment Bank. CIMB Group has won the best bank award for three consecutive years and the best investment bank award for six consecutive years - the first time this feat has been achieved anywhere in the world, according to Euromoney.

"Defending is always tougher than winning, so we are absolutely delighted to retain both awards yet again," commented Nazir on the two other awards.

Euromoney, a leading financial magazine, is published monthly and covers the latest developments in the global financial world. Championing the growth of international cross-border capital markets since 1969, Euromoney is the prime magazine of the wholesale financial world, its institutions and its users.

About CIMB Group

CIMB Group is Malaysia's second largest financial services provider and one of ASEAN's leading universal banking groups. It offers consumer banking, investment banking, Islamic banking, asset management and insurance products and services. Headquartered in Kuala Lumpur, the Group is now present in eight out of 10 ASEAN nations (Malaysia, Indonesia, Thailand, Singapore, Cambodia, Brunei, Vietnam and Myanmar). Beyond ASEAN, the Group has market presence in China, Hong Kong, Bahrain, India, Sri Lanka, the US and UK.

CIMB Group has the largest retail branch network in ASEAN of 1,115 branches as at 31 March 2012. CIMB Group's Investment Banking arm is also emerging as the largest Asia Pacific-based investment bank following its recently announced purchase of RBS' Asia Pacific Investment Banking and Cash Equities operations.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 97.9% shareholder of Bank CIMB Niaga in Indonesia, and 93.2% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM57.2 billion as at 31 March 2012. The Group has over 40,000 employees located in 16 countries.
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