Kuala Lumpur, 27 August 2025 – Datuk Mohd Zamree Mohd Ishak will conclude his decade-long leadership as President & Chief Executive Officer (PCEO) of Credit Guarantee Corporation Malaysia Berhad (CGC) on 31 December 2025, capping a transformative era for the development financier. His successor, Mohamed Nazri Omar, will officially assume the role on 1 January 2026, following a transition period, beginning in October.
Zamree has been instrumental in reforming CGC’s strategic direction since 2015, employing two back-to-back Five-Year Strategic Plans anchored on three pillars: Guarantee, Financing, and Beyond Guarantee. His tenure saw a suite of initiatives designed to bridge market gaps and bolster MSME growth—these include BizWanita (2015), BizMikro (2020), the CGC Developmental Programme®, and imSME (2018), now evolving into The Marketplace for MSMEs via CGC Digital. Most recently, CGC launched Guarantee Schemes targeting Malaysian mid-tier companies (2025) under the “Beyond Guarantee” agenda.
Replacing him is Mohamed Nazri Omar, a veteran with over 25 years in corporate and investment banking. As Managing Director for Group Corporate & Investment Banking at Bank Pembangunan Malaysia Berhad (BPMB), he oversees corporate banking and advisory, treasury and investment operations, business development, strategic planning, product development, and holds board positions in multiple BPMB subsidiaries.
Mohamed Nazri’s previous leadership includes his tenure as CEO of Danajamin Nasional Berhad (2014–2022), during which he expanded the institution’s developmental mandate and capital-market presence. He also served as Chairman of Prima Ekuiti (UK) Limited (2019–2020).
CGC Chairman Datuk Mohammed Hussein commended Zamree’s contributions, acknowledging how he fortified CGC’s role as a catalyst for MSME resilience and expansion. At the same time, he welcomed Nazri, expressing confidence that his breadth of experience would propel CGC to new heights in delivering innovative solutions to Malaysia’s MSMEs.
