Novan is currently the Executive Director/Non-Independent Director of CIMB Bank Berhad and Group Chief Executive Officer/Executive Director of CIMB Group Holdings Berhad.
Previously the Co-Chief Executive Officer of Group Wholesale Banking (GWB) as well as the CEO of CIMB Investment Bank Berhad, En. Muhammad Novan was responsible for Group Corporate Banking, Group Investment Banking, Group Private Banking, Corporate and Public Sector Coverage. Since joining the CIMB Group in 2022, En. Muhammad Novan has transformed GWB, the largest business within the CIMB Group in implementing a new operating model to simplify, de-layer and specialise to sharpen its focus and execution. Under his leadership, CIMB Investment Bank has also reclaimed its position as Malaysia’s #1 Investment Bank by share of wallet and led the Group’s re-entry into the public equities business, through the acquisition and re-launch of CIMB Securities.
A Chartered Accountant by training, En. Muhammad Novan brings over two decades of experience spanning banking, capital markets, corporate finance and advisory across Malaysia, Indonesia and Singapore. Prior to joining CIMB, En. Muhammad Novan spent close to 16 years with J.P. Morgan, with his last position being Head of Equity Capital Markets, Southeast Asia and Head of Investment Banking, Malaysia. Prior to J.P. Morgan, En. Muhammad Novan was with PricewaterhouseCoopers (PWC), specialising in Corporate Finance advisory.
