Chair
ASEAN Business Advisory Council 2025
Nazir Razak is currently the Chairman and Founding Partner of Ikhlas Capital and was
more recently appointed as the Chairman of PLS Plantation in February 2021. He
retired as Chairman of CIMB Group in October 2018 after a 29-year career with the
ASEAN banking group. He served on the Investment Panel for the Employees
Provident Fund (2002-2017) and the Board of Khazanah Nasional (2014-2018).
Nazir was recognised as Malaysia’s top executive/CEO several times and was the
youngest recipient of Finance Asia’s ‘Lifetime Achievement Award’ in 2009. He was
awarded Euromoney’s ‘Outstanding Achievement Award’ in 2012 and was the winner
of the prestigious ‘Asia House Asian Business Leaders Award’ in 2015.
An advocate of ASEAN economic integration, Nazir currently chairs the ASEAN
Business Advisory Council (ASEAN-BAC) for Malaysia, which, in 2025, will take on
the chairmanship for ASEAN.
Nazir graduated from the University of Bristol in 1988 and obtained an M.Phil. from the
University of Cambridge in 1989. In 2009, he was the Chevening Fellow at the Oxford
Centre for Islamic Studies and in 2019, he was the Transformational Leadership
Fellow at the Blavatnik School of Government (BSG), Oxford University. He is also
currently a member of the BSG’s International Advisory Board.