Datuk Noripah Kamso, Chief Executive of CIMB-Principal Asset Management Berhad, recently won CEO of the Year for Malaysia in Asia Asset Management's Best of The Best Country Awards.
Asia Asset Management is a well-respected monthly magazine focusing on institutional fund markets in the Asia Pacific region. Its annual awards recognise top performers in the region's asset management industry. Its CEO of the Year award recognizes the executive's overall achievements"”in particular by demonstrating leadership in the market that the firm operates in"”over a three-year period.
Datuk Noripah said: "We are very pleased with this award from Asia Asset Management, which recognises CIMB-Principal's achievements over the last two years. We thank our valued investors for their continuous support, which we have rewarded with improved fund performance. This is really a collective victory to be fully shared with all CIMB-Principal employees, its shareholders"”CIMB Group and The Principal Financial Group"”and our distribution partners."
Under Datuk Noripah's leadership, CIMB-Principal has steadily grown its assets under management to reach RM19.2 billion in 2007, making it one of the country's largest fund managers. The company has also successfully ventured overseas, establishing an international presence in Indonesia, Singapore and Brunei and distinguishing itself as a provider of innovative Islamic asset management products. In addition, funds performance has improved, with some 82% of CIMB-Principal's peer comparable funds being ranked in the top Quartiles for the one-year period.
Datuk Noripah has also been instrumental in bringing foreign investors and portfolio managers to invest in homegrown funds. Last year, she led a successful institutional and retail investors roadshow in Asia and Western Europe to market and establish distribution channels for the CIMB FTSE ASEAN 40 Exchange Traded Fund, which is listed on the Singapore Exchange (SGX).
Datuk Noripah has previously won Asia Asset Management's Best of the Best Regional Marketing Personality of the Year, in both 2005 and 2006.