Digital Banks – Why Will They Matter?

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Digital Banks – Why Will They Matter?


20 May 2020 @ 10:00 am (+8 GMT)

With the rising application of digitalisation, conventional banking is rapidly supplementing conventional products and services with the added benefits of convenience. Malaysia’s decision to open doors to digital (or virtual) banks comes hot on the heels of other countries in the Asia-Pacific region. Malaysian consumers have highlighted opportunities that digital banking services are well placed to address.

“Digital Banks – Why Will They Matter?” will address what success would look like for organisations looking to establish themselves in the digital banking space. A panel of experts will share insights from their experience of setting up digital banks around the globe, and cover the following topics:

  • What are digital banks
  • Potential for digital banks in Malaysia based on PwC’s survey
  • Background on Malaysia’s digital banking licence plan released by Bank Negara Malaysia (BNM)
  • How digital banks differ from conventional banks
  • Opportunities in Malaysia for serving the underbanked and micro SME markets.

As an AICB member, you are entitled to register for this webinar with our compliments. To register and secure your participation, please click on the button below.

Speaker's Profile

Prasad 150x150 1
Moderator: Prasad Padmanaban

Chief Executive

AICB

Prasad 150x150 1
Moderator: Prasad Padmanaban

Chief Executive

AICB

Prasad joins AICB after a sabbatical of about 1 year to travel and spend time with family. Prior to that Prasad worked with the investment banks of MUFG in Hong Kong and JPMorgan in both London and Hong Kong as Executive Director in various Markets capacities over a period of 16 years covering all manner of Asia-ex and Japan securities from fixed income to equity derivatives. As an accomplished professional in the banking arena, Prasad brings a great mix of leadership, operational excellence, technical breadth and a passion for learning and development to AICB. Prasad holds a MA in Finance and Investment and MA in European Studies from the University of Exeter as well as a BA (Hons) in Economics from the University of Nottingham

Ching DB
Ching Chuan Ong

Malaysia Financial Services Leader

PwC Malaysia

Ching DB
Ching Chuan Ong

Malaysia Financial Services Leader

PwC Malaysia

Ching Chuan is the Financial Services Leader of PwC Malaysia, with more than 23 years of experience in providing audit and business advisory services to a wide range of financial services clients. His portfolio currently includes commercial banks, Labuan offshore banks and leasing companies. He has been working with banks, FinTech companies, and companies that have expressed an interest in assessing their existing digital capabilities, as well as preparing for opportunities with the upcoming digital bank licence application process in Malaysia.

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Marcus von Engel

Financial Services Consulting Leader

PwC Malaysia

Marcus DB
Marcus von Engel

Financial Services Consulting Leader

PwC Malaysia

Marcus von Engel has over 28 years of financial services consulting experience with global organisations and has worked in the US, Europe and across all the major Asian countries. He specialises in working with client executives to develop business and technology strategies, define major transformation initiatives, and deploy and manage large projects involving complex technology solutions and change management challenges across diverse geographic regions. Mr von Engel has spoken at workshops and conferences on topics related to technologies’ impact on how people work and live.