Allianz Malaysia wins two awards at MSWG-Asean Corporate Governance Award 2015
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Allianz Malaysia Berhad was awarded Excellence Award for Top 5 Corporate Governance and Performance (Overall) and Merit Award for Most Improved at the Minority Shareholder Watchdog Group (MSWG) – ASEAN Corporate Governance Transparency Index, Findings and Recognition 2015 – The Malaysian Chapter at the Sime Darby Convention Centre on 10 December 2015.
The MSWG recognised and incentivised corporate which advocated transparency with sustainable performance as well as individuals who championed good corporate governance practice. It identified Top 100 Malaysian public listed companies (PLCs) which practiced good corporate governance from a total of 870 PLCs assessed. In addition, the top 100 PLCs were further subjected to the Return on Equity requirement of not less than three% for the last three years.
“The recognition from MSWG is a testament to our unwavering commitment not only to deliver sustainable and profitable growth to our shareholders, to provide good services to our customers, but also able to give assurance and confident to our customers and stakeholders that our business is conducted in a transparent manner with full accountability and integrity,” said Zakri Khir ,CEO of Allianz Malaysia Berhad.
Allianz Malaysia was ranked number five amongst the top 100 PLCs in Malaysia in terms of transparency and performance using the ASEAN Corporate Governance Scorecard methodology.