Joint Declaration on Industry-Wide Commitment to Professionalise the Malaysian Banking Industry

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Overview

The Asian Institute of Chartered Bankers (AICB) and CEOs and representatives of 21 member banks of The Association of Banks in Malaysia signed a joint declaration to enhance efforts to professionalise the Malaysian banking industry. The signing ceremony, which was held on 28 November 2016 on the sidelines of the launch of the Asian Banking School’s (ABS) flagship Global Banking Leaders Programme, was witnessed by the Governor of Bank Negara Malaysia,  Datuk Muhammad bin Ibrahim.

The joint declaration represents a significant step towards creating a workforce, which ascribes to high standards of professional conduct, knowledge and competence. The Chartered Banker Programme, jointly awarded by the AICB and the Chartered Banker Institute in the UK, will be the vehicle to deliver this knowledge and increase standards of excellence. It is also recognised as a world class professional qualification to enhance standards, competencies and professionalism in the banking industry.

In addition, Governor Datuk Muhammad bin Ibrahim highlighted the importance for graduates employed by the banking industry to be members of the AICB in addition to completing the new ethics programme, effective 1 January 2017.

“The drive for professionalism must begin at the entry level. Membership of AICB should be made mandatory. Graduates who are employed by the banking industry must become members of the Asian Institute of Chartered Bankers, and complete a mandatory program on ethics and professional standards. It is worth emphasising how important this seemingly small step is.” – Governor Datuk Muhammad bin Ibrahim

For more information on the AICB membership, please go to the Membership tab on this website.

For more information on the new Introduction to Ethics programme, please go to Asian Banking School.

 

Joint Declaration

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Governor’s Remarks

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