By Asia Samachar | Malaysia |
Gurdip Singh Sidhu joins an elite group of Malaysia’s top banking chief executives as he takes on his new role at CIMB, the nation’s second largest financial institution.
He has been appointed as the CEO of CIMB Bank and Malaysia, to augment the rise of Novan Amirudin as the Group CEO.
Having spent close to 18 years at CIMB in various senior leadership roles, he is currently the Chief Operating and People Officer, CIMB Group.
In his new role, Gurdip will be primarily responsible for the day-to-day management of CIMB’s home market and core operating geography, according to the bank’s statement.
He will focus on driving strategic priorities for CIMB Bank including enhancing operating resiliency, innovation and growth to take the Malaysian franchise to the next level.
“The Board is confident that under the new leadership, CIMB will be able to compete strongly and deliver on targets set under the Forward23+ Strategic Plan, which is in its final year, as well as help develop and execute our next phase of Beyond F23+ strategy to further create shareholder value and meet stakeholders’ expectations amidst a rapidly evolving regional banking landscape,” said CIMB Chairman Mohd Nasir Ahmad.
In November 2018, Gurdip was promoted to group chief strategy and design officer at CIMB Group, making him a key member among the top management of the Kuala Lumpur based financial institution.
Before joining CIMB Group, he spent a decade in an international management consulting firm advising banks, telecommunications companies and Governments across Asean, India, South Korea and Spain.
Gurdip graduated with honors from The London School of Economics and Political Science (LSE) with a Bachelor’s of Science in Economics, majoring in Accounting and Finance. He is a Chartered Financial Analyst (CFA) and has completed the CIMB-INSEAD Leadership Programme.
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