CIMB Group Holdings Berhad has announced the appointment of Mak Joon Nien as Chief Executive Officer of Growth Markets and CEO of CIMB Singapore, pending regulatory approval. Mak will also join the CIMB Group Executive Committee, focusing on accelerating business growth and enhancing cross-border connectivity in Singapore, Thailand, and Cambodia.
Mak, who brings nearly 30 years of international banking experience, will be based in Singapore. His career began with Standard Chartered in 1997, where he became the first Malaysian CEO of Standard Chartered Malaysia in 2022. He has extensive experience in mergers and acquisitions and leveraged finance, having spent 15 years in Singapore before returning to Malaysia in 2017 to lead Corporate, Commercial, and Institutional Banking.
Novan Amirudin, Group CEO of CIMB Group, expressed confidence in Mak’s ability to advance the Group’s Forward30 strategy. “Mak’s deep regional experience and strong execution track record will accelerate our ambition in cross-border banking, regional wealth management, and investment advisory,” Amirudin stated.
CIMB, one of ASEAN’s leading banking groups, aims to strengthen its ASEAN franchise and position itself as a top-of-mind bank in the region by 2030. With a market capitalisation of approximately RM89 billion as of 31 December 2025, CIMB operates across ASEAN and beyond, with a significant presence in China, Hong Kong, and the UK.
