CIMB Group Holdings Berhad has announced a significant leadership change in its Singapore operations. Victor Lee Meng Teck, who has served as CEO of Growth Markets and CEO of CIMB Singapore, has resigned to pursue other opportunities and will be on gardening leave immediately. He joined CIMB Group in January 2019 and took the helm of CIMB Singapore in January 2020.
In the interim, Novan Amirudin, Group CEO of CIMB Group, will oversee the Growth Markets as acting CEO. Andrew Boey, Chief Financial Officer of CIMB Singapore, will assume the role of Officer-in-Charge, managing day-to-day operations to ensure stability and continuity.
Amirudin expressed gratitude for Lee’s contributions, stating, “Victor has been instrumental in transforming and institutionalising CIMB Singapore for continued sustainable success, driven by CIMB Group’s EPICC culture.”
CIMB Group has activated its succession plan and will announce Lee’s successors in due course. This transition marks a pivotal moment for CIMB Singapore as it continues to focus on its strategic goals and maintain its growth trajectory in the region.
