Joining him on board would be Kenny Kim, former
Chief Financial Officer of CIMB who worked under Nazir, and also David Heng, who just recently resigned as Senior Managing Director at Temasek Holdings, will likewise be involved in managing the fund .
Former Indonesian Trade Minister Gita Irawan Wirjawan, and ex-Philippine Finance Secretary Cesar Purisima will likewise be partners at fund.
Whilst Nazir will maintain his role at CIMB, the PE fund will have no affiliation with the bank and will be operated separately.
A rep for Temasek informed Bloomberg that Heng will be departing the Singapore state investment firm by the end of the year to seek new opportunities.