Bangkok--28 Jul--CIMB Thai Bank
Dato' Sri Nazir Razak (center) Group Chief Executive, CIMB Group; Jumpon Saimala (3rd left) Chief Executive Officer, CIMB-Principal Asset Management in Thailand; Subhak Siwaraksa (far right) Vorasit Pokachaiyapat (3rd right) Managing Director, Finansa Plc; Theraphan Jittalarn (2nd right) Executive Director and CEO , Finansa Asset Management Ltd. Rex Auyeung Pedro (far left) President-Asia Principal Financial Group; Pedro Esteban Borda (2nd left) Chief Executive Officer, ASEAN Region CIMB-Principal Asset Management, have joined the signing ceremony. CIMB-Principal Asset Management in Thailand has signed a Share Purchase Agreement to acquire Finansa Asset Management Limited (FAM) in Thailand from the Finansa Public Company Limited. The acquisition will see CIMB-Principal Asset Management integrating both asset management houses and further enhancing its position as Thailand’s leading asset management company. The ceremony was held at CIMB Thai Bank’s head office on July 23, 2014.