What’s next for the banking group with Nazir’s impending departure?

CIMB GROUP Holdings Bhd chairman Datuk Seri Nazir Razak (pic) finally squelched all speculation this week when he announced that he will be leaving the lender by the end of the year, well ahead of the expiry of his chairmanship next August.

While some say that Nazir has been planning to exit the group for some time already, wanting to do other things, the timing of his announcement is questionable given that his brother, ex-premier Datuk Seri Najib Tun Razak was hit with 25 charges of graft and money laundering only last week.

...

Full Article on TheStar