CIMB Group Holdings Berhad announced the appointment of Lani Darmawan as the President Director of CIMB Niaga. The appointment will be effective as of the date specified in CIMB Niaga's Extraordinary General Meeting (EGM) held on 17 December 2021, subject to obtaining approval from the Financial Services Authority of Indonesia (OJK) and/or the fulfilment of the requirements as stipulated in the OJK letter. Lani succeeds Tigor M. Siahaan, who is currently serving his notice period. With more than 35 years of banking and finance experience, Lani is an established leader with a proven track record in the industry. Lani has been with CIMB Niaga since 2016 and was most recently the bank's CEO of Consumer Business. She has been instrumental in the transformation of CIMB Niaga's consumer banking business to better serve the needs of customers across Indonesia, as well as driving the bank's business strategy in alignment with the Group's Forward23+ strategic plan. Prior to CIMB Niaga, Lani had held leadership roles in several large financial institutions in Indonesia.