Asian Institute of Finance

Asian Institute of Finance

Industry	Financial Industry
Headquarters	Kuala Lumpur, Malaysia
Area served	Human Capital Development
Key people	Dr Raymond Madden, CEO
Website	http://www.AIF.org.my

Asian Institute of Finance is a think tank established by Bank Negara Malaysia and Securities Commission Malaysia, to enhance human capital development and talent management across the financial services industry in Asia. The institute is located at KL Sentral, Kuala Lumpur, Malaysia.

It produces thought leadership and applied industry focused research in talent management, financial inclusion and ethics.

The Institute works with the Asian Institute of Chartered Bankers (AICB),^[1] Islamic Banking and Finance Institute Malaysia (IBFIM),^[2] Malaysian Insurance Institute (MII)^[3] and Securities Industry Development Corporation (SIDC)^[4] and regularly speaks at their conferences.

History

It was set up in 2009 to enhance professionalism in the financial services industry and also lead in capacity building domestically and regionally.

Board of Directors

Tan Sri Dato’ Sri Dr Zeti Akhtar Aziz (Chairman), Datuk Ranjit Ajit Singh (Vice Chairman), Tan Sri Azman Hashim, Hashim Harun, Ken Pushpanathan, Kung Beng Hong, Dato’ Dr. Nik Norzrul Thani Nik Hassan Thani and Dato’ Sri Zukri Samat.

Distinguished Speaker Series

AIF hosts forums for senior management in the financial services industry, regulators and academia. Prominent industry leaders who have spoken at these events include Tan Sri Andrew Sheng, Professor Dave Ulrich, Dr. James Kirkpatrick,^[5] Hiroshi Suehiro and Keiichi Niinuma of Mizuho Bank Ltd, Professor Kishore Mahbubani and Professor John Kay.

AIF International Symposium

The AIF International Symposium brings together HR experts and senior industry players to discuss human capital development and talent management issues focused on the financial services industry. The symposium is held annually and features international thought leaders, senior regional industry practitioners, as well as talent management experts.^[6]

Asian Institute of Finance Award for Essays on Professionalism in the Financial Services Industry

AIF runs a biennial regional essay competition - “AIF Award for Essays on Professionalism in the Financial Services Industry”.^[7] The Award aims to promote greater awareness of the need for a strong culture of professionalism and ethics in financial services in Asia in order to secure public trust in the industry and its long-term sustainability. The inaugural theme of the Award in 2015 was “The Future of Professionalism in the Financial Services Industry in Asia: The Way Forward”.

Financial Services Professional Board

AIF is the Secretariat of the Financial Services Professional Board (FSPB).^[8] FSPB was officially launched in Kuala Lumpur, Malaysia by Central Bank of Malaysia and Securities Commission Malaysia on 24 September 2014. Chaired by Tan Sri Azman Hashim, FSPB is a voluntary industry-wide initiative that is dedicated to the development and advocacy of professional and ethical standards that are developed through industry consensus and engagement.

The aim of FSPB is to support a strong culture of professionalism in the FSI (“FSI”) through the development and advocacy of professional and ethical standards that are applicable across the industry, including banking, capital markets, insurance and Islamic finance.

On 6 January 2016 FSPB published its Code of Ethics for the Financial Services Industry. The Code provides a set of five broad fundamental principles to which organisations and individuals in the industry should adhere. The five principles are competence, integrity, fairness, confidentiality, and objectivity.

Articles

• GEN YS WANT MORE RESPONSIBILITY; EXPECT EARLY CAREER ADVANCEMENT ^[9]
• Thinking Outside the Box on Talent Engagement a New Reality ^[10]
• Evidence Shows firms with strong female representation perform better ^[11]
• Robust demand Posts Challenge to talent development ^[12]
• No lack of female talent for top jobs in ^[13]
• Talent Crunch In Malaysia Financial Services Sector Seen To Worsen ^[14]
• Addressing SME’s pain points ^[15]
• Financial Institutions, Law Authorities Urged to Cooperate to Curb Money Laundering ^[16]
• BNM wants to crack down on money laundering ^[17]
• Financial institutions, law authorities urged to cooperate to curb money laundering ^[18]
• Assistant Governor's Keynote Address at the 3rd Annual Conference of the Association of Financial Advisers 'Financial Advisers The Future - Right Here, Right Now' ^[19]
• Malaysian banks need universal standards of professionalism and ethics ^[20]
• Interview Transcript: Tan Sri Dato’ Azman Hashim, Chairman ^[21]
• VIDEO: “Ethics is code of conduct; how you behave, your values" ^[22]
• Code of conduct important to starve off crises in financial services ^[23]
• The Banking Conversation: Malaysian banks need universal standards of professionalism and ethics ^[24]
• FSPB Releases First Exposure Draft On Code Of Ethics ^[25]
• FSPB releases first exposure draft on code of ethics for FSI ^[26]

Awards

• Best Islamic Case Study, Global Islamic Finance Awards 2014 - 'Dare to Lead: Transformation of Bank Islam Malaysia Berhad' developed by the Asian Institute of Finance^[27]
• Upcoming Personality in Islamic Finance, Global Islamic Finance Awards 2012 - Dr Wan Nursofiza Wan Azmi (Asian Institute of Finance)^[28]
• Best Research & Development in Islamic Finance, Global Islamic Finance Awards 2012 - Asian Institute of Finance^[28]

References

External links

• Official website
• Ibfim.com