n a statement today, CIMB Group CEO Tengku Datuk Seri Zafrul Aziz said he is pleased to have Hendra take on the new role.

"CIMB Fintech is a strategic unit for CIMB to examine and invest in new technology, encompassing, among others, AI, blockchain, data science, and machine learning, to enable us to digitise our core, enhance customer experience, and where necessary, disrupt our business.

"As such, CIMB FinTech will play a crucial role in the formulation of our next mid-term growth strategy," said Tengku Zafrul. 

CIMB FinTech was launched in 2017 to drive innovation, as well as chart and execute the group's long-term digital roadmap.

Hendra started his career in CIMB in 2013 as the chief of transaction banking for CIMB Niaga, Indonesia, before having his role expanded in 2017 to group transaction banking CEO.

Hendra holds a Bachelor of Science in Chemical Engineering from University of Washington, US, and a Master of Science in Engineering-Economic Systems, from Stanford University, also in the US.