will continue to bank on its stringent cost optimisation as it navigates through the lingering uncertainties in the economic recovery.Chief executive officer Datuk Abdul Rahman Ahmad said this will remain a core focus for the group to further improve productivity and efficiency.
“Our underlying business proved resilient in 2020 and we are building on our momentum in 2021 as the first full year under Forward23+ Strategic Plan.
“The group will continue to drive strategic core programmes including capital optimisation, cost management and portfolio reshaping initiatives, among others.
“We are also making focused investments in key segments that offer strong opportunities for profitable growth, such as wealth management, treasury and markets, transaction banking and intra-Asean wholesale banking, ” he said in a statement after the CIMB Group’s 64th annual general meeting (AGM) yesterday, adding that they have started to make headway and are confident that they are on track