has appointed Novan Amirudin as chief executive officer of its wholly-owned subsidiary, CIMB Investment Bank Bhd effective June 15.In a statement, CIMB said Novan has close to 20 years of experience in Investment banking and corporate finance across
Asean, with extensive experience in client coverage, mergers and acquisitions , public offerings, private placements, derivative solutions and bank financing. Prior to joining CIMB, he was with J.P. Morgan as head of equity capital markets, southeast Asia and head of investment banking, Malaysia. Novan will be succeeding Jefferi Hashim, whose responsibilities have been refocused and expanded as group head, private banking and head, ESG advisory and solutions, group wholesale banking of CIMB Group.
CIMB said Jefferi will continue to report to Novan in his new roles. Alongside this, Nor Masliza Sulaiman will continue as deputy CEO of CIMB Investment Bank and group head of investment banking.