Allianz Malaysia takes home Outstanding Achievement Award at the ASEAN Corporate Governance Conference and Awards
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Allianz Malaysia Berhad received the Outstanding Achievement Award at the inaugural ASEAN Corporate Governance Conference and Awards (ACGCA) in Manila, Philippines on 14 November 2015. Allianz was one of Malaysia’s top two publicly listed companies (PLCs) in terms of most improved scores from 2013-2015 based on the results of the ASEAN Corporate Governance Scorecard (Scorecard).
The Scorecard which was introduced in 2011 is a corporate governance initiative by the Association of Southeast Asian Nations (ASEAN), under the ASEAN Capital Markets Forum (ACMF) Implementation Plan for the development of an integrated capital market, to complement other ACMF initiatives and to promote ASEAN as an asset class. The Scorecard intended to raise corporate governance standards of PLCs in ASEAN countries and increase their visibility to investors.
“This is indeed a proud moment for Allianz Malaysia. We have always strived to be a trusted insurer for our stakeholders. We are committed not only to deliver sustainable, profitable growth to our shareholders and to provide good level of services to our customers, we also focus on maintaining a high level of corporate governance for all our stakeholders,” said Zakri Khir, CEO of Allianz Malaysia Berhad.
Six ASEAN countries – Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam – participated in the region’s most prestigious event which recognises companies who implement good corporate governance as well as further educating and inspiring companies of the significance of instilling and maintaining good corporate governance.
The event was hosted by the Securities and Exchange Commission of the Philippines and ACMF and co-presented by the Asian Development Bank, in partnership with the Philippine Stock Exchange, the International Finance Corporation and the Institute of Corporate Directors.