CIMB Group Holdings Berhad and Sompo Holdings (Asia) Pte Ltd launched their bancassurance partnership in Malaysia, whereby CIMB will distribute SOMPO’s non-life insurance solutions through its distribution network.
This Malaysia partnership forms part of the CIMB-Sompo regional strategic partnership arrangement which also includes Singapore, Indonesia and Thailand.
This year, the awaited Asia Pacific Council of American Chambers of Commerce (APCAC) 2018 Business Summit, was held in Malaysia at the KLCC Convention Centre.
This year, the two-day convention saw hundreds of business and government leaders from across the Asia Pacific and the United States.
Agrobank, a government-owned agricultural development bank announced the appointment of Tuan Syed Alwi Mohamed Sultan as their new president and chief executive officer.
The appointment, which is effective on April 2, has received approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MOF).