21 February 2019
Change is part of succession plan.
Kuala Lumpur: CIMB Group (“CIMB” or “the Group”) today announced the appointment of Jefferi M. Hashim as the CEO of CIMB Investment Bank Berhad with effect from 1 March 2019.
Jefferi joined CIMB in September 2017, bringing with him over 20 years of investment banking experience from a number of financial MNC’s in areas such as Equity Capital Markets, Debt Restructuring, Mergers & Acquisitions and various other related financial advisory services. He had also served in the Economic Planning Unit under the Prime Minister’s Office of Malaysia. Jefferi graduated with a First Class Honours in Economics from Queen's University, Kingston, Canada. He is currently the Deputy Head of Senior Bankers Group and Deputy CEO of CIMB Investment Bank.
Group Chief Executive, CIMB Group, Tengku Dato’ Sri Zafrul Aziz said, "I am very pleased to have Jefferi helm CIMB’s Investment Banking business. I am confident that with his leadership and experience, CIMB will continue to deliver great value to our customers, build our Investment Banking franchise and solidify our position as the leading investment bank in ASEAN.”
Following the announcement of Jefferi’s appointment, the Group also announced the departure of Dato’ Kong Sooi Lin, who has decided to retire after serving CIMB in various capacities for over 25 years. She has contributed significantly to entrenching CIMB as one of the top investment banking houses domestically and across ASEAN, as reflected by the numerous deal and house awards won annually. Dato’ Kong also holds the position of Group Head of Investment Banking through which she has developed greater client confidence in CIMB’s advisory, sectoral expertise, and debt and equity financial solutions. As Group Head of Private Banking, Dato’ Kong transformed the group’s regional private banking business into a profitable franchise across ASEAN.
“I would also like to thank Dato’ Kong Sooi Lin for her contribution as CEO of CIMB Investment Bank. She has helped CIMB achieve many major milestones during her term, and helped steer CIMB’s Investment Banking to where it is today. We wish her well in all her future endeavours.”