Charting the Growth of Finance: Future-Ready Chartered Bankers Lead in an Era of Transformation
KUALA LUMPUR, Malaysia, May 26, 2025 /PRNewswire/ -- The Asian Institute of Chartered Bankers (AICB) recently held its 8th Chartered Banker Conferment ceremony, honouring the commitment of banking professionals who exemplify the highest standards of professional excellence and lifelong learning in an increasingly complex and rapidly changing financial environment. Held under the theme "Charting the Growth of Finance", the ceremony underscored the growing importance of nurturing future-ready and ethical banking and finance professionals, especially in light of rising challenges in cybersecurity, data privacy, sustainable finance, and the accelerating impact of digital transformation and fintech.
Bank Negara Malaysia Governor Dato' Seri Abdul Rasheed Ghaffour, who delivered the special address at the ceremony, said: "Malaysia has invested significantly in developing talent in our financial sector. Over the years, we have developed a comprehensive ecosystem of talent affiliates providing training, certification, and future-looking guidance on the skills needed by the financial sector. I also wish to highlight the important role played by financial institutions to further complement these efforts through their respective learning and development academies. While the financial services industry benefits from a good talent development ecosystem, more collective actions are needed to future-proof the workforce."
A key highlight of the evening was the presentation of the Lifetime Achievement Award by Chartered Banker Institute (CBI) President Paul Denton to AICB Chairman Tan Sri Azman Hashim. This global recognition — the first awarded by CBI in over a decade — celebrates Tan Sri Azman's decades-long leadership in promoting ethical banking and professional excellence across the region.
AICB Chairman Tan Sri Azman Hashim said: "I am deeply honoured by this recognition. This award is a reflection of the collective progress we have made as an industry in championing ethical professionalism in banking. Banking transcends numbers — it is about trust, stewardship and purpose. I hope this inspires more professionals to embrace continuous learning and lead with integrity in shaping the future of finance."
The ceremony also honoured the contributions of Governor Eli M. Remolona, Jr. of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) with the AICB Honorary Fellowship — one of the Institute's highest distinctions. This prestigious award recognises Governor Remolona's transformative contributions towards fostering greater ASEAN banking integration, effective policymaking, and championing talent development within the financial sector.
Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. said: "It is a tremendous honour to receive the prestigious Honorary Fellowship from the Asian Institute of Chartered Bankers (AICB). In today's interconnected world, regional collaboration is essential in elevating banking standards across ASEAN. I look forward to deepening the Malaysia–Philippines cooperation in talent development and knowledge exchange and key areas of mutual interest, ensuring that our financial sectors remain robust, ethical, and future-ready."
As banking continues to evolve rapidly, AICB reaffirmed its commitment to professionalising and upskilling the workforce through its professional education offerings. Its flagship Chartered Banker qualification, developed in collaboration with the UK's Chartered Banker Institute, sets the gold standard for banking professionalism. AICB also provides specialised certifications in areas such as digital transformation, financial crime prevention, sustainable finance and more.
AICB Chief Executive Edward Ling said: "Professionalism and upskilling in banking is no longer optional — it is essential. At AICB, we are committed to expanding our growing community of over 800 Chartered Bankers in the next two years, empowering the industry with future-ready capabilities. Through our robust education programmes, the Future Skills Framework and thought leadership initiatives in key areas such as digital innovation and sustainable finance, we aim to equip our members with the critical skills and professional foundation needed to navigate and innovate the future of banking and finance."
The ceremony conferred the prestigious Fellow Chartered Banker (FCB) status on 14 distinguished industry leaders, including AICB Council Member Dato' Mohd Rashid Mohamad, Group Managing Director / Group Chief Executive Officer of RHB Bank Berhad. Additionally, 71 AICB members were conferred the Chartered Banker (CB) status, while over 500 members attained the Associate Chartered Banker status.
The ceremony also celebrated recipients of the Excellence and Corporate Awards. Attended by over 480 guests comprising members of the AICB Council and C-suite executives, the 8th Chartered Banker Conferment ceremony reaffirmed AICB's role in building a resilient, ethical, and future-ready professional banking workforce for Malaysia and the region.
About Asian Institute of Chartered Bankers
AICB is Malaysia's premier professional body for the banking industry, governed by a council comprising representatives from Bank Negara Malaysia (BNM), The Association of Banks in Malaysia (ABM) and the Malaysian Investment Banking Association (MIBA). With over 37,000 members, our mission is to elevate banking standards by developing professionals who exemplify integrity, expertise and competence.
As the exclusive institute in Southeast Asia authorised by the UK's Chartered Banker Institute, we confer the prestigious Chartered Banker status. AICB collaborates with industry leaders to ensure our qualifications remain relevant, equipping bankers with the skills needed to thrive in the dynamic banking sector.
Our commitment goes beyond education, offering members opportunities for growth through innovative learning, advocacy for professionalism, thought leadership and valuable networking initiatives.
For more information on AICB, please visit www.aicb.org.my
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/charting-the-growth-of-finance-future-ready-chartered-bankers-lead-in-an-era-of-transformation-302465205.html
SOURCE The Asian Institute of Chartered Bankers (AICB)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Journals
14 hours ago
- Business Journals
Weisiger Group exec shares 'quaint' secret to company culture at Most Admired CEO Awards event (PHOTOS)
Expand Ed Weisiger Jr. of Weisiger Group accepts the Lifetime Achievement Award at the 2025 Most Admired CEO Awards on June 5. Melissa Key/CBJ
Yahoo
16 hours ago
- Yahoo
IGS 2025: St. Kitts and Nevis Sets the Global Standard for Sustainable Investment and Innovation
Basseterre, St. Kitts and Nevis--(Newsfile Corp. - June 6, 2025) - The second edition of the St. Kitts and Nevis Investment Gateway Summit (IGS) concluded on a high note, bringing together regional leaders, economic citizens, global stakeholders, and potential investors in a powerful demonstration of the country's commitment to transparency, innovation, and sustainable development. St. Kitts and Nevis Investment Gateway Summit (IGS) To view an enhanced version of this graphic, please visit: With the theme "Investment to Impact: Our Journey to a Sustainable Island State," IGS 2025 underscored Prime Minister Terrance Drew's vision of building a sustainable and digital economy. Organisers pointed out that the Summit was "perfectly timed and positioned for global investors," offering "unmatched access to exclusive, future-ready opportunities" in a nation determined to become the world's first sustainable island state. To support deal-making, the Summit introduced an Investor Nexus Zone, a dedicated space where vetted service providers, developers and investors could meet face-to-face. In the Nexus Zone, participants could connect with real estate firms, financial advisers, business-formation experts and other professional service providers, effectively bringing "the entire investment ecosystem under one roof." Prime Minister Drew set a forward-looking tone in his opening remarks. He highlighted St. Kitts and Nevis' pioneering role in establishing the Citizenship by Investment (CBI) programme and said the country remains at the global forefront, continuously "redefining standards of integrity, transparency and innovation" in that industry. Welcome remarks from St. Kitts and Nevis' Prime Minister, The Honourable Dr. Terrance DrewTo view an enhanced version of this graphic, please visit: He stressed that investors should be partners in nation-building, not just clients. "We are not here today to speak only about transactions; we are here to speak about partnerships." Regional Leadership and Strengthening Oversight During the summit, Timothy N. J. Antoine, Governor of the Eastern Caribbean Central Bank (ECCB), highlighted the collective resolve of regional governments to ensure the long-term sustainability of CBI programmes. He emphasised that member states are united in their commitment to maintaining high standards of integrity and accountability. A significant development in this regard is the establishment of a regional regulator for CBI/CIP programmes. This regional body is expected to enhance transparency, reinforce accountability measures, and uphold the integrity of investment migration in the Caribbean. Enhancing Border Security with eTA System As part of its digital transformation agenda, St. Kitts and Nevis has launched an Electronic Travel Authorisation (eTA) system designed exclusively for foreign travellers. This new system streamlines pre-arrival screening and reinforces national security protocols. Speaking at the Summit, Alan Renaud, Business Development and Project Lead at Travizory Border Security SA, the firm that helped in building the eTA system, noted that it not only enhances border security but also improves traveller experience through automation and real-time authorisation. This initiative represents a key milestone in modernising border control and further aligning the nation's travel infrastructure with international best practices. Driving Infrastructure Growth Through CBI The IGS also looked at how the CBI Programme in St. Kitts and Nevis has played a pivotal role in funding significant infrastructure and tourism development projects. Delegates had the opportunity to conduct a tour of the following properties and were impressed with the quality of the construction. Park Hyatt in St. Kitts Belmont Gardens in Nevis Four Seasons Resort Nevis Royal St. Kitts Hotel in St. Kitts Koi Resort in St. Kitts Stakeholders discussed that these developments not only boost the nation's tourism offerings but also create local employment and strengthen the wider economy. Raising the Bar on Due Diligence and International Cooperation Furthermore, IGS discussed the landmark decisions by the St. Kitts and Nevis Government to uphold the CBI Programmes' international reputation. Just last year, St. Kitts and Nevis introduced the Continuing International Due Diligence (CIDD) Unit. This specialised body monitors CBI citizens abroad and works with international agencies on matters related to anti-money laundering (AML), counter-terrorism financing (CFT), and law enforcement cooperation. The CIDD Unit exemplifies the country's proactive approach to risk management and long-term credibility. Success Stories from Economic Citizens The impact of the CBI Programme goes beyond financial investment; it fosters real human stories. James Taylor, an economic citizen, has become a strong advocate for the twin-island nation. He was also on one of the panel discussions at the IGS along with Mr Richard Skerrit, Dr Sirous Motevassel, H.E. Dr Christine Walwyn and SKIPA's Stanley Jacob. Taylor said that while he has lived in many countries and cities before and finally settled on St. Kitts and reiterated how friendly and welcoming the local citizens are. He also noted that the country has an excellent business environment with a skilled and intelligent workforce on the island. Another notable economic citizen from Switzerland, Prof. Dr. Oliver Ullrich, a distinguished space scientist, was the key-note speaker at the gala dinner and further highlighted the Programme's global appeal among high-achieving individuals who align with the values of St. Kitts and Nevis. Digital Transformation with the Saturn Platform The IGS focused on the recent digital advancements to the digitisation process. The Government has launched "Saturn" an innovative digital platform leveraging artificial intelligence to manage the entire CBI application process. The system provides real-time tracking for applicants, agents, and stakeholders, and consolidates all communication and query management into one centralised interface. Saturn ensures a streamlined, secure, and transparent user experience, aligning with modern global service standards. Adherence to AML/CFT Standards The Summit also highlighted the country's efforts to meet global anti-money laundering and counter-financing of terrorism benchmarks set by international watchdog Financial Action Task Force (FATF). Executive Chairman of CIU H.E. Calvin St. Juste reaffirmed St. Kitts and Nevis' commitment to transparency, due diligence, and responsible programme management. Executive Chairman of the CIU H.E. Calvin St. Juste attended and spoke at the second annual Investment Gateway Summit To view an enhanced version of this graphic, please visit: Investing in a Sustainable and Diversified Future St. Kitts and Nevis continues to advance its strategic investments in agriculture, renewable energy, and digital services. The establishment of the Investment Nexus Zone reflects a forward-thinking approach, with a focus on "Investment to Impact". These initiatives align with international goals for good governance and sustainable development, reinforcing the nation's position as a responsible and future-ready investment destination. Notably, the Investment Gateway Summit, an annual event, is the opportunity for St. Kitts and Nevis to showcase to the world all that it has to offer, from its natural beauty and rich culture to its progressive investment opportunities and commitment to sustainability. More than just an international event, the Summit represents a meaningful invitation: a call for economic citizens to come home, experience the essence of the nation, and build a lasting connection with their second country. It is a powerful reminder that St. Kitts and Nevis is not only a place to invest in but a place that calls their economic citizens home to connect, collaborate and celebrate. Contact DataSt. Kitts and Nevis Citizenship by Investment Unit(1-869) 467-1474communications@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Yahoo
Reeves refuses to rule out autumn tax raid
Rachel Reeves has refused to rule out further tax rises in the Autumn as Cabinet colleagues pile pressure on the Chancellor to unleash more money for public spending. Ms Reeves repeatedly declined to rule out raising taxes on families and businesses at an event on Thursday night as she prepares to set out Whitehall spending plans for the next three years. 'I'm not going to say that I'm not going to take any tax measures in the next four years,' she told an audience of business leaders at the Confederation of British Industry (CBI) annual dinner. Asked four times by CBI president Rupert Soames to reassure Britons they would not be subject to higher taxes, Ms Reeves could only commit to avoiding a repeat of the record £40bn tax raid she launched last Autumn. 'I'm not going to be able to write all four years of budgets sitting here this evening,' she said. Economists have warned that a series of spending commitments made by Sir Keir Starmer, including restoring winter fuel payments to most pensioners and speculation that the two-child cap on benefits will be lifted, will force the issue and lead to higher taxes in the Autumn. JP Morgan has estimated that taxes may need to rise by up to £24bn to cover recent policy announcements and to compensate for the hit to growth from higher tariffs. Pressure is also building on Ms Reeves from Labour's Left after the leak of a memo sent to the Treasury by Angela Rayner's department ahead of the Spring Statement. It detailed potential tax rises that could have avoided spending cuts to balance the budget. Ms Reeves on Thursday insisted the economy was 'turning the corner' even as she admitted that growth was too low, leaving families 'struggling with living standards not improving'. Bosses warned that Labour's workers' rights overhaul was set to worsen the problem. A survey by the Institute of Directors published on Friday found over seven in 10 business leaders believed the upcoming Employment Rights Bill would have a negative impact on UK economic growth. The Chancellor insisted growth around the world had been disappointing. 'None of our countries are growing at the rate that we used to or the rate that we want to. All of us are struggling with living standards not improving and our citizens are becoming restless,' she said. Cabinet colleagues including deputy prime minister Ms Rayner are piling pressure on the Chancellor to release more money for government departments ahead of the Spending Review on Wednesday. Ms Reeves also hinted that the Government was preparing a package of measures to help businesses deal with higher energy costs. She signalled her three year spending review would also unleash a wave of funding for infrastructure projects, from renewables to nuclear energy. She said: 'I know that one of the questions that we need to answer is how we're going to make energy more affordable, particularly for some of our most intensive energy-using businesses where the price differential with other countries around the world is just too acute for many to be competitive. 'And so that's a question we will answer in the industrial strategy in a few weeks.' The cost of power for factories in Britain is now about 50pc more expensive than in Germany and France, and four times as expensive as in the US. The commons business select committee on Friday warned that high energy prices were holding back growth and urged ministers to address the issue as part of the upcoming industrial strategy. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.