Sudin Haron - CIMB Group Member of the Shariah Supervisory Board

CIMDFDelisted Stock  USD 1.30  0.00  0.00%   

Executive

Sh. Prof. Dato Dr. Sudin Haron is an Member of the Shariah Supervisory Board of CIMB Group Holdings Berhad. He was appointed an Independent Director of CIMB Islamic Bank Berhad on 5 November 2014. He is currently the Chief Executive Officer of the Malaysian Waqaf Foundation. He has published more than 10 books and 70 articles in international journals. Sheikh Professor Dato Dr Sudin was the founding Chief Executive Officer of Perbadanan Tabung Pendidikan Tinggi Nasional and in 2006, was appointed Deputy Chief Executive of the International Centre for Education in Islamic Finance. From 2005 to 2006, he was attached to Bank Negara Malaysia as a Specialist in the Islamic Banking and Takaful Department. Before joining the Central Bank, he served in various capacities as an academician and administrator at the Universiti Utara Malaysia. Prior to that, he was a banker for more than 12 years, rising to the level of branch manager. He was also a consultant with the Asian Institute of Finance, an organisation established by BNM to elevate human capital in Malaysias finance industry. Sheikh Professor Dato Dr Sudin sits on the Shariah Advisory Committee for Bank Persatuan Malaysia Berhad and is an Independent Director of Melati Ehsan Holdings Berhad, a company listed on Bursa Malaysia. At the international level, Sheikh Professor Dato Dr Sudin was previously Chairman of the International Advisory Panel of the Russian International Centre for Islamic Economics and Finance, and on several occasions, was appointed by the Islamic Development Bank in Jeddah as their resource person for training related to Islamic banking and finance. He wrote the textbook entitled Islamic Banking and Finance System which was translated into Russian, Mandarin and Uzbek. He holds a Bachelors degree in Economics from Universiti Kebangsaan Malaysia and an MBA from Northrop University in Los Angeles, USA since 2014.
Age 61
Tenure 10 years
Professional MarksMBA
Phone60 3 2261 8888
Webhttps://www.cimb.com
Sudin Haron is Member of the Shariah Supervisory Board of the company. Since 5 November 2014 and is a Member of the Group Shariah Committee. He is currently the Special Adviser to University College Bestari, Terengganu and Founding Chairman of the Malaysian Waqaf Federation. He is a world renowned scholar in Islamic banking & finance and business & management. He has published more than 10 books and 70 articles in international journals. Sheikh Professor Dato’ Dr Sudin was the founding Chief Executive Officer of Perbadanan Tabung Pendidikan Tinggi Nasional and in 2006, was appointed as Deputy Chief Executive of the International Centre for Education in Islamic Finance. He was previously attached to Bank Negara Malaysia as a Specialist in the Islamic Banking and Takaful Department from 2005 to 2006. Before joining Bank Negara Malaysia, he served in various capacities as an academician and administrator at the Universiti Utara Malaysia

CIMB Group Management Efficiency

CIMB Group's management efficiency ratios could be used to measure how well CIMB Group manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 72.27 B in total debt. Debt can assist CIMB Group until it has trouble settling it off, either with new capital or with free cash flow. So, CIMB Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CIMB Group Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CIMB to invest in growth at high rates of return. When we think about CIMB Group's use of debt, we should always consider it together with cash and equity.

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CIMB Group Holdings Berhad provides various banking products and services in Malaysia and internationally. The company was founded in 1924 and is headquartered in Kuala Lumpur, Malaysia. Cimb Group operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 33265 people. CIMB Group Holdings [CIMDF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

CIMB Group Holdings Leadership Team

Elected by the shareholders, the CIMB Group's board of directors comprises two types of representatives: CIMB Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CIMB. The board's role is to monitor CIMB Group's management team and ensure that shareholders' interests are well served. CIMB Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CIMB Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sheikh Ridlo, Member of the Shariah Supervisory Board
Sudin Haron, Member of the Shariah Supervisory Board
Kok Chu, Group Head - Treasury & Markets
Tiang Lim, Group Chief Internal Auditor
Zainal Putih, Independent Non-Executive Director
Arwin Rasyid, Country Head - Indonesia and Presidentident Director & CEO - CIMB Niaga
Chek Tan, Head of Investor Relations
Kenji Kobayashi, Non-Independent Non-Executive Director
Hiroaki Demizu, Non-Independent Non-Executive Director
Robert Coombe, Independent Non-Executive Director
Lye Mak, Country Head - Singapore, CEO - CIMB Bank, Singapore
Rafe Haneef, CEO of CIMB Islamic Bank Berhad and Group Islamic Banking
Muhammad Yusuf, Independent Non-Executive Director
Mohamed Razak, CEO, Group Managing Director, Director and Member of Group Compensation Review Committee
Subhak Siwaraksa, Country Head - Thailand and Presidentident & CEO - CIMB Thai Bank
Iswaraan Suppiah, Group Chief Information and Operations Officer
Zafrul Aziz, CEO, Executive Director, Member of Group Compensation Review Committee, CEO of Wholesale Banking and CEO of Malaysia
Mohamed Adil, Chairman of the Shariah Supervisory Board
Kittiphun Anutarasoti, President and CEO of CIMB Thai Bank and Country Head – Thailand
Samir Gupta, CEO - Group Consumer Banking
Yousef Shubaily, Member of the Shariah Supervisory Board
David Thomas, Group Chief Risk Officer
Didi Yahya, Non-Executive Independent Director
Muhamad Ridlo, Member of the Shariah Supervisory Board
Suria Zainal, Head Communications
Renzo Viegas, Deputy CEO, Head - Consumer Banking
Mohamed Abdullah, Group Chief Marketing Officer
Su Teoh, Independent Non-Executive Director
Josandi Thor, Marketing Brand
Keen Kwan, Group Chief Compliance Officer
Steven Tan, Head of Investor Relations
Khairulanwar Rifaie, Group Officer
Mohamed Din, Non-Executive Independent Director
Mohd Mokhtar, Member of the Shariah Supervisory Board
Mohd Ahmad, Independent Non-Executive Director
Afzal Rahim, Independent Non-Executive Director
Effendy Hamid, Head - Group Marketing and Communications
Ramesh Narayanaswamy, Group Chief Technology & Operations Officer
Tongu Mpiti, Non-Executive Independent Director
Noor Yaakub, Member of the Shariah Supervisory Board
Yoke Meow, Adviser, Group Wholesale Banking
Joseph Silva, Non-Independent Non-Executive Director
Shafaai Musa, Member of the Shariah Supervisory Board
Jiunn Yong, CEO - Group Commercial and SME Banking
Mohammad Kamali, Chairman of the Shariah Supervisory Board
Shahnaz Ahmad, Group CFO
Kok Lee, Deputy CEO - Corporate Banking, Treasury & Markets
Badlisyah Ghani, Head - Group Islamic Banking, CEO - CIMB Islamic Bank
Tigor Siahaan, President Director of CIMB Niaga
Gurdip Sidhu, Group Chief Strategy Officer
Ahmad On, Non-Executive Independent Director
Rossaya Nashir, Company Secretary
Hamidah Naziadin, Head - Group Corporate Resources
Chin Lee, Group General Counsel
Abdul Ahmad, Group Director
Hendra Lembong, Corporate Executive - Group Transaction Banking
Nedham Yaqoobi, Member of the Shariah Supervisory Board
Watanan Petersik, Independent Non-Executive Director
Sooi Kong, Head - Corporate Client Solutions, Deputy CEO - CIMB Investment Bank

CIMB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is CIMB Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CIMB Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CIMB Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CIMB Group will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CIMB Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CIMB Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CIMB Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CIMB Group Holdings to buy it.
The correlation of CIMB Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CIMB Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CIMB Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CIMB Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the CIMB Group Holdings information on this page should be used as a complementary analysis to other CIMB Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Consideration for investing in CIMB Pink Sheet

If you are still planning to invest in CIMB Group Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CIMB Group's history and understand the potential risks before investing.
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