CIMB appoints new CEO

Novan Amirudin will overtake Dato’ Abdul Rahman Ahmad next month.

CIMB Group Holdings has announced the appointment of Novan Amirudin as its Group chief executive officer, effective from 1 July, following the departure of Dato’ Abdul Rahman Ahmad on 30 June.

Novan currently serves as the Co-Chief Executive Officer of Group Wholesale Banking (GWB) and CEO of CIMB Investment Bank Berhad. 

He has been instrumental in transforming GWB, CIMB’s largest business, by implementing a new operating model that simplifies, de-layers, and specialises to enhance focus and execution. 

Amirudin, a Chartered Accountant, brings over 20 years of banking and advisory experience across Malaysia, Indonesia, and Singapore. 

Prior to joining CIMB in 2022, he spent nearly 16 years at J.P. Morgan, where he held senior roles including Head of Equity Capital Markets, Southeast Asia and Head of Investment Banking, Malaysia. Before J.P. Morgan, Novan was with PwC, specialising in Corporate Finance advisory.