Mohamed Nazri Omar appointed new President & CEO from January 2026 to strengthen support for MSMEs
Credit Guarantee Corporation Malaysia Berhad (CGC) has announced a leadership transition as its President & Chief Executive Officer (PCEO), Datuk Mohd Zamree Mohd Ishak, prepares to conclude his term on 31 December 2025 after a decade of transformative service.
Datuk Zamree will be succeeded by Mohamed Nazri Omar, whose appointment as PCEO takes effect on 1 January 2026. Nazri will join CGC in October 2025 to ensure a smooth handover.
Since assuming the role in 2015, Datuk Zamree has been instrumental in reshaping CGC’s role as a key catalyst for Micro, Small and Medium Enterprise (MSME) growth. He spearheaded two Five-Year Strategic Plans anchored on Guarantee, Financing and Beyond Guarantee pillars. Under his leadership, CGC launched landmark initiatives including BizWanita (2015), BizMikro (2020), the imSME financing platform (2018), and most recently, Guarantee Schemes for Malaysian Mid-Tier Companies (2025).
During his tenure, CGC achieved a 10-year compound annual growth rate (CAGR) of 11% across revenue, profit, and guarantees, crossing the historic milestone of RM100 billion in guarantees and financing by May 2025, benefitting over 380,000 MSMEs nationwide. His achievements also earned international recognition, including the Distinguished Person Award 2024 at the ADFIAP Sustainable Awards.
Incoming PCEO Mohamed Nazri Omar brings over 25 years of experience in corporate and investment banking. Currently Managing Director of Group Corporate & Investment Banking at Bank Pembangunan Malaysia Berhad (BPMB), he previously served as CEO of Danajamin Nasional Berhad (2014–2022), where he broadened the institution’s mandate to better support underserved but viable companies. His extensive background includes roles with Citibank, Macquarie Bank, RHB Sakura Merchant Bankers, and Kuwait Finance House Malaysia.
CGC Chairman Dato’ Mohammed Hussein expressed gratitude to Datuk Zamree for his decade of leadership and welcomed Nazri’s appointment.
“Datuk Zamree has built a strong foundation for CGC, enhancing its role in MSME development. We are confident that Mohamed Nazri’s experience across financial institutions and development banks will further strengthen CGC’s capacity to deliver innovative solutions and expand its impact on MSMEs, a vital driver of Malaysia’s economy.”
With this transition, CGC reaffirms its commitment to advancing financial inclusion and innovation to empower MSMEs—the backbone of Malaysia’s growth and resilience.
