CIMB Group named best bank In Asia Pacific

CIMB Group has been named the Best Bank in Asia Pacific in the IDC Financial Insights Innovation Award (FIIA) for 2015 during the Asian Financial Services Congress in Singapore recently.

The Best Bank in Asia Pacific category was evaluated based on how well a bank had implemented multiple information technology domains in its transformation journey over the last five years.

Group Chief Information and Operations Officer of CIMB Group, Iswaraan Suppiah, said the award was a testament to the strength of the group's regional operations and technology platform as it competes in an increasingly landscape in ASEAN.

"We look forward to replicate similar successes moving forward, providing the best banking technology for our clients and also helping them manage and improve their banking practices," he said in a statement today.

Each year, IDC Financial Insights invites financial institutions across Asia Pacific to nominate the initiatives that warrant special recognition in the area of innovation.

The initiatives are measured by the FIIA Assessment Panel, made up of Financial Insights' worldwide analysts and an independent panel of industry practitioners with a rigorous set of matrices.