Nazir Razak Biography: Age, Net Worth, Instagram, Wife, Height, Wiki, Parents, Brother, Awards

September 21, 2024 0 Posted By Gift Nworie

Nazir Razak is a Banker, Corporate Executive, and Philanthropist widely recognized as one of Malaysia’s most influential figures in the financial sector.

As the former chairman of CIMB Group, a leading banking conglomerate in Southeast Asia, Nazir played a pivotal role in shaping the group into a regional powerhouse.

He is also known for his financial reform work and efforts to modernize the Malaysian banking industry.

Nazir gained further prominence due to his lineage. He is the younger brother of Malaysia’s former prime minister, Najib Razak, and the son of the second prime minister, Tun Abdul Razak.

Profile

  • Full name: Mohamed Nazir bin Tun Abdul Razak
  • Date of birth: November 19, 1966
  • Age: 58 years old
  • Gender: Male
  • Place of birth: Kuala Lumpur, Malaysia
  • Nationality: Malaysian
  • Profession: Banker, Corporate Executive, Philanthropist
  • Parents: Tun Abdul Razak (Father), Rahah Mohamed Noah (Mother)
  • Siblings: Najib Razak, Nizam Razak, Nazim Razak, Johari Razak
  • Spouse: Azlina Aziz
  • Children: Two
  • Relationship status: Married
  • Religion: Islam
  • Ethnicity: Malay
  • Net worth: $100 million

Early Life and Education

Nazir Razak, now 58, was born on November 19, 1966, in Kuala Lumpur, Malaysia, into a politically and economically significant family. His father, Tun Abdul Razak, served as Malaysia’s second prime minister, while his elder brother, Najib Razak, held the same position decades later.

Nazir grew up surrounded by political discussions, leadership, and public service, an experience that undoubtedly shaped his outlook on business and governance.

Nazir attended the prestigious University of Bristol in the United Kingdom, where he earned a degree in Economics. He later completed a master’s degree in Development Economics at the University of Cambridge in 1988.

His formal education and his family’s political background equipped him with a unique understanding of economics and governance, ultimately setting him on his career path in banking. Nazir belongs to the Malay ethnic group and practices Islam, which has been a central aspect of his personal and professional identity.

Personal Life

Nazir Razak is married to Azlina Aziz, a corporate lawyer. The couple met through mutual friends and married after a few years of dating. They have two children together, though the names of their children have not been made public. Nazir is known to maintain a private family life away from the media spotlight. T

The Razak family has often been in the public eye due to Nazir and his brother Najib’s significant political and business roles. Still, Nazir tends to focus on his professional achievements rather than dwelling on his family’s political connections.

Career

Nazir Razak’s career is deeply rooted in the financial services industry. He started at CIMB Group in 1989, initially joining as a corporate finance executive.

Over the years, his strategic vision and leadership helped CIMB grow from a small merchant bank into one of the largest financial institutions in Southeast Asia.

Nazir became CEO of CIMB Group in 1999 and held the position until 2014, when he transitioned to chairman. Under his leadership, CIMB expanded regionally, acquiring several other banks, including Southern Bank and Indonesia’s Bank Niaga.

Apart from his leadership in the banking sector, Nazir has been a vocal advocate for financial reforms in Malaysia. He has often spoken about the need for greater transparency and good governance in both the financial and political spheres.

His stance on these issues has sometimes placed him at odds with Malaysia’s political establishment, including his brother Najib, particularly during Najib‘s tenure as prime minister.

After stepping down from CIMB in 2018, Nazir has focused on his philanthropic work, including his efforts to foster better governance in Malaysia’s corporate and political spheres.

Awards

  • – Asia House Asian Business Leaders Award (2015)
  • – ASEAN Businessman of the Year (2006)
  • – CNBC Asia Business Leader of the Year (2009)
  • – Lifetime Achievement Award by FinanceAsia (2015)

Net Worth

Nazir Razak‘s net worth is estimated to be approximately $100 million. His wealth has been primarily accumulated through his successful career in the banking industry, particularly during his tenure at CIMB Group.

Controversy

Nazir Razak has faced several controversies throughout his career, many linked to his family’s political standing. One of the most significant scandals involved the 1MDB financial scandal, which implicated his brother Najib Razak, then prime minister of Malaysia.

While Nazir was not directly involved in the 1MDB scandal, his association with Najib raised public scrutiny. In 2016, Nazir admitted to receiving $7 million in political funds, which he claimed he had distributed to politicians at his brother’s request. This led to public criticism and raised concerns over using political funds.

The CIMB board and an external auditor cleared Nazir of any wrongdoing, but the episode damaged his reputation for a time. Despite this, Nazir distanced himself from his family’s political side and maintained that he had no involvement in managing the 1MDB fund.



His stance on transparency and good governance became even more pronounced in the years following the controversy, as he sought to rebuild his reputation by advocating for reforms in the corporate and political spheres.

Social Media

  • – Instagram: N/A
  • – Twitter: N/A



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