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 Cimb Bank AVP Position

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D902
post Nov 21 2014, 11:45 AM

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QUOTE(seantang @ Oct 30 2010, 09:42 PM)
RM5K for a AVP?

A bit embarrassing isn't it when they hand out their business cards?

In the bigger global MNCs, some senior secretaries get more than that.
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In banking and insurance industries. AVP title means Assistant Manager... nod.gif
jlshawn
post Nov 21 2014, 08:45 PM

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so anyone are IT guy in CIMB? AVP? VP?
BRC
post Nov 22 2014, 05:17 AM

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wow that's enlightening
AVP in other industry is like top management

if i'm an AVP and not even close to top 95 percentile
maybe i'll just keep my business card to myself

This post has been edited by BRC: Nov 22 2014, 05:19 AM
jlshawn
post Nov 22 2014, 10:35 PM

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QUOTE(BRC @ Nov 22 2014, 05:17 AM)
wow that's enlightening
AVP in other industry is like top management

if i'm an AVP and not even close to top 95 percentile
maybe i'll just keep my business card to myself
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AVP in banking industry just consider small potato.
party
post Nov 23 2014, 12:40 AM

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QUOTE(D902 @ Nov 21 2014, 11:45 AM)
In banking and insurance industries. AVP title means Assistant Manager...  nod.gif
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You sure? I am in bank..not branch tho. But AVP(newly promoted) earns min 10k..
Babizz
post Nov 24 2014, 08:06 PM

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In C bank, its sumthing like this.. Exec, senior exec, manager, AVP, VP, director, director, MD.


max_cavalera
post Nov 25 2014, 02:37 PM

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AVP in CIMB is just supervisor level lah...dont get to syiok with ur title lvl...payscale probably 3-4k...they are struggling n their payscale ian that high...
sendomike
post Nov 25 2014, 03:03 PM

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QUOTE(max_cavalera @ Nov 25 2014, 03:37 PM)
AVP in CIMB is just supervisor level lah...dont get to syiok with ur title lvl...payscale probably 3-4k...they are struggling n their payscale ian that high...
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hmmm, i don't think so..
i am from cimb, exec level, salary >4k.

AVP is 3 levels higher than me..
Babizz
post Dec 31 2014, 12:00 PM

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QUOTE(sendomike @ Nov 25 2014, 01:03 AM)
hmmm, i don't think so..
i am from cimb, exec level, salary >4k.

AVP is 3 levels higher than me..
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U in the investment bank or consumer bank?
I know only CB uses the term AVP as AVPs in IB should be Assoc Director...

What do u think an AVP in the consumer side earns?
sendomike
post Dec 31 2014, 02:13 PM

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QUOTE(Babizz @ Dec 31 2014, 01:00 PM)
U in the investment bank or consumer bank?
I know only CB uses the term AVP as AVPs in IB should be Assoc Director...

What do u think an AVP in the consumer side earns?
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i am from investment.
director is above avp.
Babizz
post Dec 31 2014, 02:38 PM

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QUOTE(sendomike @ Dec 31 2014, 12:13 AM)
i am from investment.
director is above avp.
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Yeah got 2 director levels before MD.. rclxms.gif rclxms.gif
aurora97
post Aug 19 2017, 07:22 PM

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I know this topic is a bit old but let me share my experience.

QUOTE(party @ Nov 23 2014, 12:40 AM)
You sure? I am in bank..not branch tho. But AVP(newly promoted) earns min 10k..
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I would agree.

QUOTE(Babizz @ Dec 31 2014, 12:00 PM)
U in the investment bank or consumer bank?
I know only CB uses the term AVP as AVPs in IB should be Assoc Director...

What do u think an AVP in the consumer side earns?
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Internal Ranking they call it VP or AVP but it is actually equivalent to Director and Associate Director.

AVP rank is higher than Manager. Don't ask me why. I am confused as fish as to what AVP is.


Babizz
post Aug 19 2017, 10:15 PM

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QUOTE(aurora97 @ Aug 19 2017, 05:22 AM)
I know this topic is a bit old but let me share my experience.
I would agree.
Internal Ranking they call it VP or AVP but it is actually equivalent to Director and Associate Director.

AVP rank is higher than Manager. Don't ask me why. I am confused as fish as to what AVP is.
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for consumer bank in CIMB its not manager then avp then vp then director then director then MD?
PrincZe
post Aug 20 2017, 12:43 AM

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Avp is nothing but title for sales man
aurora97
post Aug 20 2017, 01:17 PM

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QUOTE(Babizz @ Aug 19 2017, 10:15 PM)
for consumer bank in CIMB its not manager then avp then vp then director then director then MD?
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Next is president than Directors...

QUOTE(PrincZe @ Aug 20 2017, 12:43 AM)
Avp is nothing but title for sales man
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Ironically, i am back office n that's what i got.
PrincZe
post Aug 20 2017, 01:25 PM

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QUOTE(aurora97 @ Aug 20 2017, 01:17 PM)
Next is president than Directors...
Ironically, i am back office n that's what i got.
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oh, meaning what ? flex.gif
aurora97
post Aug 20 2017, 03:31 PM

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QUOTE(PrincZe @ Aug 20 2017, 01:25 PM)
oh, meaning what ?  flex.gif
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meaning i still don't know what is Avp. It may be closer to the top and the benefits are slightly better with each rank...

I still don't know what the fish is this Avp rank all about.

I was a Manager before this... and then when they offered me the post of Avp and i was like... hmmm? am i settling for something less or better?

Well the salary was definitely more... more salary but less responsibility, bring it. brows.gif

In my opinion... This Avp rank is like... neither here or there. It's between Manager and Head of Department.

Half of the people in this forum can't give a straight answer what it is. Some say lower, some say higher.








SUS1malaysiajib
post Aug 20 2017, 03:40 PM

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QUOTE(boyster @ Oct 30 2010, 07:52 PM)
Hi All or insiders,

Any know what's the salary range for AVP in Cimb Bank?

Also, what's the working conditions in office in Jalan Raja Laut HQ? Good?  rolleyes.gif

Bonuses? blush.gif

I got an offer already, thinking about the offer.

Cheers!
boyster
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I was a former staff of CIMB Investment Bank (KL sentral). You could PM me if you need any advice.

All i could say is that the level of politics is pretty high there
SUS1malaysiajib
post Aug 20 2017, 03:41 PM

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QUOTE(PrincZe @ Aug 20 2017, 12:43 AM)
Avp is nothing but title for sales man
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Lol, you must be crazy to think that the tittle AVP is only for Sales People
PrincZe
post Aug 20 2017, 04:58 PM

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QUOTE(1malaysiajib @ Aug 20 2017, 03:41 PM)
Lol, you must be crazy to think that the tittle AVP is only for Sales People
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sorry jib kor. maybe more than it

i think team lead of sales team confused.gif

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