Tengku Zafrul Aziz

He was appointed in Muhyiddin's cabinet as Minister of Finance on 9 March 2020.

On 9 March 2020, Tengku Zafrul was appointed in Muhyiddin's cabinet as Minister of Finance. He embarked on a difficult task to assist the people and industry in the implementation of the Prihatin Rakyat Economic Stimulus Package during the outbreak of the COVID-19 pandemic in Malaysia.

He is also the main investor behind Tune Money Sdn Bhd, Asia’s first "no-frills" online financial service provider as well as its CEO and substantial shareholder. Following that, Zafrul was appointed as Group Director of Kenanga Holdings Berhad and Director of Kenanga Investment Bank Berhad. Prior to assuming his most recent role with CIMB, Zafrul was the Chief Executive Officer of Maybank Investment Bank, the fully-owned investment banking arm of Malayan Banking Berhad, Malaysia's flagship financial services player. The acquisition of Kim Eng Holdings Limited (Kim Eng) by the Maybank Group in 2011 resulted in the combined entity of Maybank IB and Kim Eng, known regionally as Maybank Kim Eng, of which Zafrul was also CEO.

Throughout his career, Zafrul was awarded with numerous prestigious awards including ASEAN CEO Award by Technology Business Review (2008). He also was given the Malaysian Business Leadership Award in the year 2009. Most Promising Entrepreneurship Awards by Enterprise Asia (2008) and the Malaysian Business Leadership Award by The Leaders Magazine. Most recently, he was awarded the Masterclass CEO of the Year in the 7th Global Leadership Award organised by the American Leadership Development Association (2017) and the Best Chief Executive Officer for Investor Relations by the Malaysia Investor Relations Association (2017).

Tengku Zafrul was one of the judges of the corporate reality television series The Firm. The show premièred prime time nationwide on ntv7 and Astro's Channel 7 in Malaysia in 2007. As one of the three millionaire judges on The Firm, the other two beings Peter Pek and Chan Boon Yong, he is considered one of Malaysia's few corporate celebrities. He has also appeared in advertisements for Tune Money.

Zafrul started out as a corporate finance executive in AmInvestment Bank in 1996. He then joined Crédit Agricole as an investment analyst, moving up to Director within a few years. Succeeding this, he became the Advisor to the President of Tenaga Nasional Berhad. Zafrul then joined CIMB Investment banking, after which he was appointed as Group Managing Director of Avenue Capital Resources (now ECM Libra), a listed company specialising in financial services i.e. investment banking and fund management. He was also Chief Executive Officer of Avenue Securities and the Chairman of Avenue Asset Management. Zafrul then went on to become the Head of Investment Banking for Citigroup Malaysia.

Tengku Zafrul bin Tengku Abdul Aziz (born 25 June 1973) is a Malaysian banker, investor and corporate figure currently serving as the Minister of Finance of Malaysia since March 2020. He was the Group Chief Executive Officer (CEO)/Executive Director of CIMB Group Holdings Berhad, a leading ASEAN universal bank and a world leader in Islamic finance. He was also the Chief Executive Officer (CEO)/Executive Director of CIMB Bank Berhad and President Commissioner of PT Bank CIMB Niaga Tbk.

Zafrul was born on 25 June 1973 and is the eldest of four siblings. His mother is YM Raja Datuk Zaharaton Raja Zainal Abidin, former Director-General of the Economic Planning Unit (EPU) of the Prime Minister's Department of Malaysia, and his father, Tengku Abdul Aziz Tengku Harris, is a businessman. Tengku Zafrul has four children (daughters, YM Tengku Zahra Jasmina and YM Tengku Zahira Eusnie and sons, YM Tengku Zaeem Khalif and YM Tengku Zayn Aqeel), and is married to YM Raja Datin Sri Johanna Raja Arshad.