Nazir Razak Wins Asia House Business Leaders Award
Nazir Razak Wins Asia House Business Leaders Award
PR59365
LONDON, Feb. 3 /PRN=KYODO JBN/ --
The Trustees of Asia House in London are delighted to announce that Nazir
Razak, Chairman of CIMB Group, will be awarded the Asia House Asian Business
Leaders Award for 2015 at a gala event to be held at Westminster's Banqueting
House on Tuesday, 13 October.
(Photo: http://photos.prnewswire.com/prnh/20150203/727825 )
Mr Razak was selected as the recipient of this year's Award in recognition
of his achievements over the course of his 26-year tenure at CIMB Group, a
leading ASEAN universal bank, headquartered in Malaysia.
Mr Razak said: "It is an honour and a privilege to have been accorded an
award of such esteem. This is recognition for the thousands of people who
worked with me at CIMB to build a truly ASEAN financial powerhouse. I hope this
award brings more attention to the potential of ASEAN as a place to do business
and the opportunity to create value by pooling people and resources from
various ASEAN countries."
CIMB Group operates in the high growth economies of the ASEAN region.
Malaysia took over the rotating chair of ASEAN on January 1 this year.
Mr Razak spearheaded the CIMB Group's transformation from a boutique
Malaysian investment bank to Malaysia's second-largest financial services
group, the fifth largest universal bank in ASEAN, the largest Asia
Pacific-based investment bank, and one of the world's largest Islamic banks.
Not only has the 48-year-old significantly developed Malaysia's banking and
capital markets, but he has created a world-leading Islamic bank - the
second-largest Islamic bank in Malaysia - with a 15 per cent market share that
offers Shariah-compliant financial solutions.
In 2007, guided by Mr Razak, CIMB Group set up CIMB Foundation, the
corporate responsibility and philanthropic platform of CIMB Group. The
Foundation brings benefits to communities in the region served by CIMB. CIMB
Group has donated more than RM100 million (US$28 million) to the Foundation as
seed funding.
Sir John Boyd, Chairman of Asia House, said: "We are delighted to
acknowledge the success and good works of Nazir Razak who has, among other
things, underlined the benefits of cooperation and partnership across ASEAN
through his support of learning, independent research and charitable works, as
well as in his ambitious business strategy, demonstrating how a commercially
successful ASEAN-wide initiative can bring people together for the common good."
Asia House is a centre of expertise on Asia and the leading pan-Asian
organisation in the UK.
Asia House presents this annual award to those individuals who exemplify
the concept of the 'Servant Leader'. The award highlights the links between
economic success, professional excellence accompanied by moral leadership and
service to society.
Previous recipients of the Asia House Asian Business Leaders Award include
Ho Ching, Executive Director and CEO of Temasek: Jack Ma, Chairman and Founder
of Alibaba.com; Ratan Tata, Chairman of Tata Group; Lubna Olayan, Chief
Executive of Olayan Financing Company; and Azim Premji, Chairman of Wipro.
For more information contact Rachelle Kessels on +44(0)207-307-5466, email
rachelle.kessels@asiahouse.co.uk or go to asiahouse.org.
SOURCE: Asia House
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