CIMB Bank announces resignation of CEO Sulaiman

CIMB Bank has announced the resignation of its Chief Executive Officer, Datuk Sulaiman Mohd Tahir, effective Nov 22, 2015.

Sulaiman will be on gardening leave with immediate effect, the bank said in a statement here today.

The bank said it has commenced a search to identify a successor and in the interim, has elected Shahnaz Jammal, Group Chief Financial Officer of CIMB Group, as person-in-charge of CIMB Bank.

"We respect Sulaiman's decision to move on. He has been instrumental in the growth of our consumer franchise and has contributed significantly to the CIMB success story," Group Chief Executive, CIMB Group, Tengku Datuk Zafrul Aziz said.