On August 1st, Talent Corporation Malaysia Berhad (TalentCorp) organized a Roundtable Dialogue themed “Empowering Malaysia’s Workforce. Nurturing Talent for the Future” with YAB Tun Dr. Mahathir Bin Mohamad, the Prime Minister of Malaysia and the International Chambers of Commerce. The dialogue was aimed to be a dedicated platform to contribute feedback, ideas to boost Malaysia’s image as the preferred destination for foreign investors. Foreign businesses are urged to take a more proactive role in driving innovation and partnering with the government. AMCHAM was delighted to be one of the 20 foreign chambers invited for the dialogue to contribute to the conversation.

 

Flex (NASDAQ: FLEX) was named winner of the prestigious CSR Malaysia Awards 2019 – Technology Solutions Provider Category. The award was presented to Flex by YB Hannah Yeoh, Deputy Minister of Women, Family and Community during the awards ceremony held in Kuala Lumpur on July 4, 2019.

“Our sustainability commitment is integrated into every aspect of our business, extending throughout our supply chain. This award is indeed an honour and a true recognition of our commitment towards corporate social and environmental responsibility,” said Viswanathan Paramasivam, vice president of operations at Flex.

Between Jan 2018 to June 2019, Flex has spent more than RM4 million on sustainability initiatives. Key highlights of Flex’s sustainability efforts and achievements include:

  1. 800 employee volunteers who are actively involved in CSER work
  2. 1,600 volunteer hours logged for Flex Earth Day Challenge 2019
  3. 221 employees signed up for Rakan Alam Sekitar Program, under the Department of Environment
  4. 104 PwD employees hired as of June 2019. Flex Penang has the largest number of PwD talent in the
    Northern Region. In April 2019, Flex was recognized as ‘Majikan Mesra OKU’ by the Ministry of
    Human Resources for the PwD hiring program.
  5. 358 employees have completed their certificate and diploma programs in conjunction with local
    universities and colleges (fully sponsored by Flex)
  6. In April 2019, Flex was recognized for its active involvement in providing continuous learning and
    development opportunities for its employees across various levels through an ongoing
    collaboration between Flex Penang and Politeknik Malaysia. 140 employees have currently
    enrolled and are pursuing their Masters, diplomas and certificates (fully sponsored by Flex)

“Our goal is to make a measurable impact on people, communities, environment, innovation and integrity and all this is made possible thanks to the unrelenting dedication of our team,” added Viswanathan Paramasivam.

Established in Malaysia since 1988, Flex is one of the largest employers in Malaysia with over 20,000 employees spread across 13 facilities.

 

On 1 August 2019, AMCHAM had a productive meeting with Pn. Jessica Cheng Lian Chew (Deputy Governor) and department heads from Bank Negara Malaysia The meeting address topics proposed by our members from the banking, insurance and payments sectors. We very much appreciated the open dialogue which provided our members’ opportunity to better understand the Bank’s direction on key regulatory matters as well as to raise questions and requests for clarification. AMCHAM would like to extend our thanks to Pn. Jessica and her team for taking the time from their busy schedule to host this meeting. We look forward to continued engagement with BNM as we work towards the enhancement of Malaysia’s financial industries.

Building a 30 years’ career in the areas of anti-corruption, fraud prevention, protective integrity, security, and compliance; Zafar Anjum is a highly respected professional in his field. Possessing both industry expertise and an impressive educational background, Zafar Anjum is often the first certified global investigator on the scene when multi-national EMEA corporations seek to close compliance or security gaps.

As a trusted authority in fraud prevention and securities among corporate clients, government agencies and industry groups, he is known for creating stable and secure networks across challenging global markets.

His leadership abilities create strong collaborative relationships among prevention teams, crime investigators, government officials as well as business executives seeking dynamic solutions across international marketplaces.

1. How would you describe your management style?

ABAC Group & CRI Group’s Management of business is like a family responsibility. It consists of strategic planning, prioritizing local, regional, and international work requirements while organizing work efforts to accomplish the objectives set out in our annual performance reviews. However, we work as a family across the organization and share our workload mutually. 

2. Who inspires you the most and why? How have you incorporated this into your daily life?

Professional and personal inspiration is my Father, an honest and great social worker. I will never forget his consisting hard work with no shortcuts in life as true advice, which I incorporated into my personal and professional life.

3. How do you see your organization changing in two years, and how do you see yourself creating/being a part of that change?

ABAC Group & CRI Group is working hard to specialize in Anti-Corruption, Compliance, and Risk Management services capabilities. We are benchmarking with accredited certification for the scope of ISO 37001 Anti-Bribery Management System, ISO 19600 Compliance Management System, and ISO 31000 Risk Management System; best practices for Corporate Good Governance.

4. Tell me about an accomplishment or a memorable incident that shaped your career.

It was with this analysis in mind that there needed to be significant growth in the counter-corruption and counter-fraud industry within Pakistan. This is where the privatised nature of fraud investigation became a positive – although the police might not have had the resources to deal with fraud and corporate corruption in its entirety, there was certainly an incentive for private companies to increase their spending in this area. In other words, there was a clear market opportunity for the expansion of the anti-fraud and anti-corruption industry, and one that I fill with my business.

5. What would we be surprised to learn about you?

Critical Reflections on my Personal Professional Development might be surprising. Being a business owner, it is only natural that my own personal professional development has been attached to the development of my organization. As noted above, I have sought to have my organization grow in line with my field – where there has been a need to combat fraud, I have sought to conquer the resulting market. In a similar manner to the way I have sought to expand my business, I have also found it necessary to seek out personal development opportunities whenever they become available. To this end, I have consistently been seeking out academic development since 2009 and have since completed an ICA International Diploma in Financial Crime Prevention, and an MSc in Counter Fraud and Counter Corruption Studies. It is only natural, then, that I am currently seeking to not only learn academically but to contribute something to the field of academia in the form of my Ph.D. thesis.

6. What book are you reading or podcast you most recommend?

I love to read books about financial crime and corruption. I just finished Confessions of an Economic Hit Man.

7. What do you do for fun?

I love to play golf, swimming, and long drives while listening to 80’s classic melodies.