Former governor of Bank Negara Malaysia, Tan Sri Zeti Akhtar Aziz, was awarded the William “Bill” Seidman Award for Lifetime Achievement in Leadership in the Financial Services Industry for 2018, at The Asian Banker Future of Finance Summit 2018 at Aman Summer Palace on 23rd May 2018.
The guest of honour at the Leadership Achievement Awards Ceremony and Dinner was Sir Tim Berners-Lee, inventor of the World Wide Web, and was attended by about 100 top banking and financial industry executives from across Asia Pacific, the Middle East and Africa.
Universal Robots, the leading collaborative robotics company, is strengthening its partner network in Malaysia. The four new partners, industrial technology integrators, will provide SMEs and enterprises with robot automation solutions. Frost & Sullivan finds that the total automation and control market in Malaysia will be worth USD 409 million (RM1.636 billion) by 2021.
Bizit Systems in Johor, Multitrade Asiapac and Servo Dynamics in Penang, and T. E. M. Engineering in the Klang Valley, join a growing network of UR channel partners in Southeast Asia to support increasing demand for collaborative robots (cobots) in the region. In Malaysia, cobots are deployed in industries such as electronics, automotive, semiconductor, furniture and consumer products.
The financial services professionals are urged to cultivate and inculcate in the spirit of social responsibility and self-regulation for a culture of protection, compliance and risk management, among themselves and with the regulators.
“We are at the forefront as well as at the battlefront of the possibilities and challenges of FinTech. The Financial Services Professional Board (FSPB) is an industry-driven body enjoined to play that role in Malaysia’s financial services industry along with other similar bodies, said by FSPB Chairman, Tan Sri Dr Mohd Munir Abdul Majid at the opening of The Business Ethics Conference 2018 in Kuala Lumpur yesterday.