CIMB Group Appoints Datuk Syed Zaid Albar As Its Group Chairman

KUALA LUMPUR, June 17 (Bernama) — CIMB Group Holdings Berhad (“CIMB” or “the Group”) yesterday announced the appointment of Datuk Syed Zaid Albar as its Group Chairman, effective 20 July 2025. He will succeed Tan Sri Mohd Nasir Ahmad, who will retire from the Board on 19 July 2025. In line with the transition, Datuk Syed Zaid will be appointed as an Independent Non-Executive Director effective 18 June 2025.
 
Speaking on behalf of CIMB Group’s Board of Directors, Tan Sri Mohd Nasir Ahmad said “The Board is pleased to welcome Datuk Syed Zaid Albar as the new Group Chairman. His distinguished leadership and extensive corporate experience across legal industry, financial and regulatory landscape will bring valuable perspective in guiding CIMB through its next chapter of growth and transformation. We are confident that his stewardship will provide strong guidance in driving the success of the Group’s Forward30 strategic plan.”

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