KUALA LUMPUR: CIMB Group Holdings Bhd announced that Lani Darmawan has been nominated as president director and CEO of CIMB Niaga.

       In a filing with Bursa Malaysia, CIMB said the appointment is subject to shareholders’ approval at the upcoming CIMB Niaga’s extraordinary general meeting on Dec 17 and thereafter approval by Otoritas Jasa Keuangan.

       Lani, who will succeed Tigor M. Siahaan, has more than 35 years of banking experience.

       She is currently CIMB Niaga’s CEO of consumer business and has been with the group since 2016.

       “She is an established and proven leader in consumer banking with a strong track record in developing market leading positions across the retail banking value chain, covering sales and distribution, product, preferred and wealth management, SME, and digital banking.

       “The appointment was made after a thorough succession review and selection process,” CIMB said.