Asia Risk 15: Lee Kwok Kwan, CIMB
CIMB Group has navigated through the current financial crisis with minimal difficulty. Indeed, the Malaysian bank’s deputy chief executive, Lee Kok Kwan, believes strict capital and liquidity standards have given CIMB a distinct competitive advantage. Christopher Jeffery and Wietske Blees report
It is not often treasury officials look favourably on a period of financial crisis. But Lee Kok Kwan, deputy chief executive and head of the group treasury and investments division at CIMB Group in Kuala Lumpur, believes the past couple of years have proven remarkably positive. “In many respects, the global financial crisis has been good for us,” he says.
Lee is referring to CIMB’s financial strength and profitability. Profits for the Malaysia-headquartered banking group surged to a record 2.807
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