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YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz
Minister of Investment, Trade, and Industry Malaysia
Tengku Dato’ Sri Utama Zafrul Tengku Abdul Aziz is Malaysia’s Minister of Investment, Trade, and Industry. Since his appointment in December 2022, he has consistently pledged to make the country more pro-business, pro-investment, and pro-trade.
Tengku Zafrul was previously Malaysia’s Minister of Finance from March 2020 to October 2022. He led the curation and implementation of eight stimulus and aid packages, the four-phased National Recovery Plan (NRP) to exit the pandemic safely, as well as three national budgets (2021, 2022, and 2023).
Prior to his ministerial appointments, Tengku Zafrul was in the banking and financial sector for more than 22 years, specialising in investment banking. He was the Group Chief Executive Officer/Executive Director of CIMB Group Holdings Berhad, a leading ASEAN universal bank and a world leader in Islamic finance with presence in 16 countries worldwide. He was also the Chief Executive Officer/Executive Director of CIMB Bank Berhad and President Commissioner of PT Bank CIMB Niaga Tbk.
Earlier stints include senior positions at Maybank Investment Bank Berhad, Maybank Kim Eng Holdings, Citigroup Malaysia, Kenanga Holdings Berhad, Avenue Securities, and Tune Money.