CIMB Group Holdings Bhd has appointed Novan Amirudin as the CEO of its subsidiary, CIMB Investment Bank Bhd, effective June 15. Novan, who previously served as co-CEO of CIMB Investment Bank, brings close to 20 years of experience in investment banking and corporate finance across ASEAN.
His expertise includes client coverage, mergers and acquisitions, public offerings, private placements, derivative solutions, and bank financing. Novan replaces Jefferi Hashim, who will now focus on his responsibilities as group head of private banking and head of ESG advisory and solutions in CIMB Group's wholesale banking division.
The appointment of Novan aligns with CIMB's strategic plan to enhance its wholesale banking services and prioritize wealth management and sustainable finance products.