Tuesday, October 20, 2020

CIMB Thai CEO extends leave of absence

Mar 29. 2019
File photo : Kittiphun Anutarasoti
File photo : Kittiphun Anutarasoti
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By The Star
Asia News Network

KUALA LUMPUR: The president and CEO of CIMB Thai Bank PCL Kittiphun Anutarasoti has extended his voluntary leave of absence by two months.

"CIMB wishes to announce the extension of the voluntary personal leave of Mr. Kittiphun Anutarasoti and the term of Encik Omar Siddiq as the Director and Acting President/CEO of CIMB Thai for another two months, from 1 April 2019 until 31 May 2019," the banking group said in a stock exchange filing.

On Jan 16, it was announced that Kittiphun was "taking voluntary personal leave from all his positions in CIMB Thai and CIMB Group, due to personal reasons".

It was reported that the reason for the leave was so Kittiphun could fight allegations of misconduct and fraud during his tenure with his previous employer, Krungthai Bank.

Omar Siddiq, CIMB group chief operating officer, has been taking over his duties as acting president and CEO of CIMB Thai in the interim.

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