Published September 21, 2016 | View complete press releases list |
Date: September 21, 2016
Categories: Malaysia, Risk & Compliance
Keywords: Affin Bank, Asian Banking School
KUALA LUMPUR - AFFINBANK Group (AFFINBANK) today signed an agreement with Asian Banking School (ABS), an industry provider of premium professional certification and capability development programmes for financial institutions, for a customized training programme on Ethics, Risk and Compliance Culture Awareness.
The main objectives of the programme are:
- To empower staff to develop ethical and critical, risk return based decision making skills;
- To align core behaviour to inculcate a strong and healthy ethics, risk and compliance culture; and
- To equip senior management with the right tools to baseline and measure ethics, risk and compliance culture.
“Having a strong risk culture means that all employees of the Affin Bank Group know what the organization stands for, the boundaries within which they can operate, and that they can have open discussions about which risks can be taken or not, to enable the Group to achieve its long term strategic objectives”, said En. Kamarul Ariffin Mohd Jamil, Managing Director/ Chief Executive Officer, Affin Bank Berhad, at the signing ceremony which was held at Menara AFFIN here today.
“This collaboration is also very timely with our recently launched strategic transformation programme, AFFINITY, that is intended to propel the group to a new level of performance by remodeling its businesses to compete more effectively in the ever changing regulatory and challenging operating environment,” he added.
ABS Chief Executive Officer, Professor Colyn Gardner said that the school is excited to be part of this strategic collaboration.
“A customised training programme of this nature is very effective as content is tailored specifically to the bank’s strategies, as well as its operating environment, business scenarios and work culture. A comprehensive programme like this, covering ethics, risk and compliance, is very new for the Malaysian banking industry and Affin Bank introducing this at their senior management level sets a positive tone from the top,” he says.
Re-disseminated by The Asian Banker
