Malaysia $22 Billion CIMB Group Hires Standard Chartered Bank 29-Year Veteran & Malaysia CEO Mak Joon Nien as CIMB CEO of Growth Markets & CEO of CIMB Singapore Including Overseeing CIMB Thailand & CIMB Cambodia
8th May 2026 | Hong Kong
Malaysia CIMB Group ($22 billion market value) has hired Standard Chartered Bank 29-year veteran & Malaysia CEO Mak Joon Nien as CIMB CEO of Growth Markets & CEO of CIMB Singapore including overseeing CIMB Thailand & CIMB Cambodia. Announcement (7/5/26): “CIMB Group Holdings Berhad (“CIMB Group” or “the Group”) today strengthened its ASEAN leadership bench with the appointment of Mak Joon Nien (“Mak”) as Chief Executive Officer (“CEO”) of Growth Markets and CEO of CIMB Singapore, subject to regulatory approval. He will also be a member of CIMB Group Executive Committee. In his role as CEO of Growth Markets, Mak will be based in Singapore, leading CIMB Singapore, and overseeing CIMB Thailand and CIMB Cambodia, with a focus on accelerating business growth, strengthening cross-border connectivity and advancing regional opportunities. Mak brings nearly three decades of international banking experience. He began his career with Standard Chartered in 1997 and was appointed the first Malaysian Chief Executive Officer of Standard Chartered Malaysia in 2022. Over the course of his career, he spent 15 years in Singapore, where he focused on mergers and acquisitions and leveraged finance, and subsequently served as Managing Director responsible for private equity client coverage. He returned to Malaysia in 2017 to lead Corporate, Commercial and Institutional Banking, playing a key role in strengthening the Bank’s franchise and market position.” Mak Joon Nien – Mak Joon Nien was appointed as Chief Executive Officer (CEO) and Board member of Standard Chartered Bank Malaysia on 18 August 2022. He is the first Malaysian CEO of the country’s first and oldest bank with a presence that dates back to 1875. As CEO, Mak will drive the Bank’s business strategy and performance, oversee the country’s operations and take responsibility for overall corporate governance. Mak will also spearhead the Bank’s sustainability agenda in Malaysia by promoting ESG and SDG-related priorities across its businesses and operations. A seasoned banker with deep experience in Investment and Corporate Banking, Mak has had a distinguished career having spent more than 25 years with Standard Chartered. Mak began his banking career with Standard Chartered Malaysia in 1997. In 2002, he joined the regional Corporate Advisory and Industries Coverage group in Singapore where he spent 15 years executing landmark Merger and Acquisition, and Leveraged Finance transactions in the region. Subsequently, he assumed the Managing Director role for the coverage of Private Equity clients in the region. In 2017, Mak returned to Malaysia to take on the role of Country Coverage Head of Corporate, Commercial and Institutional Banking. Mak graduated with a Business degree from Bradford University and attained his Masters degree from Imperial College London. He is also a Council member of the Association of Banks, Malaysia.
“ Malaysia $22 Billion CIMB Group Hires Standard Chartered Bank 29-Year Veteran & Malaysia CEO Mak Joon Nien as CIMB CEO of Growth Markets & CEO of CIMB Singapore Including Overseeing CIMB Thailand & CIMB Cambodia “
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Novan Amirudin, Group Chief Executive Officer, CIMB Group: “We are pleased to welcome Mak to the CIMB Group Executive Committee. His complementary strengths will further enhance our leadership bench as we advance our Forward30 (“F30”) strategy and position CIMB for its next phase of growth. Growth Markets is a key pillar of CIMB’s ASEAN strategy, and Mak’s deep regional experience, strong execution track record and client relationships will accelerate the Group’s ambition in cross-border banking, regional wealth management and investment advisory. We look forward to working together to further strengthen CIMB’s ASEAN franchise and position the Group as top-of-mind ASEAN bank by 2030.”
Malaysia $22 Billion CIMB Group Hires Standard Chartered Bank 29-Year Veteran & Malaysia CEO Mak Joon Nien as CIMB CEO of Growth Markets & CEO of CIMB Singapore Including Overseeing CIMB Thailand & CIMB Cambodia
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