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