Friday, February 29, 2008

Noripah bags Asia Asset Management CEO of the Year award

TheEdge

KUALA LUMPUR: CIMB-Principal Asset Management Bhd’s Datuk Noripah Kamso has been named chief executive officer (CEO) of 2007 for Malaysia in Asia Asset Management magazine’s Best of the Best Country Awards.

“We are very pleased with this award from Asia Asset Management, which recognises CIMB-Principal’s achievements over the last two years. This is really a collective victory to be fully shared with all CIMB-Principal employees, its shareholders and our distribution partners,” said Noripah in a statement yesterday.

Under 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.

Asia Asset Management’s CEO of the Year award recognises the executive’s overall achievements, in particular by demonstrating leadership in the market that the firm operates in over a three-year period.

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