31 August 2016


Degree destinations include Cambridge, Oxford, LSE, Monash, McGill and UCLA


Kuala Lumpur: Sixteen bright students from Malaysia, Indonesia, Singapore, Thailand and Cambodia have been awarded the inaugural CIMB ASEAN Scholarship to realise their tertiary ambition at illustrious universities in the region and across the globe. These universities include Cambridge, Oxford, London School of Economics, Monash, McGill (Canada) and UCLA. The students were given an official ‘send-off’ at the CIMB ASEAN Scholarship awards presentation ceremony on 30 August 2016, with their parents in attendance at the event.


Successful applicants were chosen based not only on their outstanding academic results in pre-university examinations/assessments, but also on their demonstrated leadership and involvement in extra-curricular activities. They went through a rigorous selection process comprising an online assessment, a few interviews and a two-day bootcamp to evaluate their leadership traits, team spirit and critical thinking skills.


In presenting the scholarships to the recipients, Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive, CIMB Group said, “Our scholarship scheme reaffirms our commitment to support the growth of the region, consistent with CIMB Group’s ASEAN value proposition. I am pleased that we are going beyond financial support in grooming these future leaders by providing a holistic development programme. Being in top-ranked universities, coupled with our student-focused programmes and mentorship system will go a long way towards shaping these scholars into accomplished professionals, who, in turn, could help CIMB achieve greater heights in a highly competitive environment.”


The CIMB ASEAN Scholarship aims to invest in the next generation of talent from across ASEAN, to ensure a robust talent pipeline for the Group. By committing to the role of grooming their future, CIMB aims to cultivate the next cadre of leaders who could contribute towards consistent growth to the firm in support of its ASEAN value proposition, and CIMB’s objective to be a leading ASEAN universal bank.


The unique buddy and mentor system is what sets the CIMB ASEAN Scholarship apart from other scholarships. The scholars will receive first-hand exposure to the firm through the “buddy” system to help prepare them for their professional lives. Furthermore, the opportunity to be mentored by CIMB's senior management and experience internships across the Group’s offices in various regional locations will equip them with the necessary skills to succeed in CIMB, and in helping the Group meet the challenges of a competitive market.


In recognition of how the banking industry has evolved, CIMB has accepted disciplines like Chemical and Civil Engineering, apart from those regularly associated with banking like Accounting, Economics, Finance and Law. The CIMB ASEAN scholarship is a full bursary  that covers all tuition fees, living allowances, home trips, insurances and all other fees.  

Seen here in with the happy group of scholarship recipients, the senior management are all smiles as well. They are (L-R) Renzo Viegas, Adviser to the Group CEO, CIMB Group; Tengku Dato' Sri Zafrul Aziz, Group Chief Executive, CIMB Group; Dato' Sri Nazir Razak, Chairman, CIMB Group and Hamidah Naziadin, Group Chief People Officer, CIMB Group. 

Genevieve Ooi Yen Xing, soon to take up a BA in Law at the University of Cambridge, giving a speech on behalf of all the scholarship recipients to thank the CIMB Group.