SINGAPORE, 6 August 2018 – On 1-2 August WSBI invited representatives of Asian savings banks to Singapore where a seminar on corporate governance, risk management and compliance was organised. The two-day event included a training, a visit to a local bank and the Association of Banks in Singapore.
More than 20 participants from Cambodia Postbank, State Bank of India, Korea Federation of Savings Banks, 1st Valley Bank from the Philippines and the Amonatbonk Tajikistan attended the seminar.
The training delivered by Tham Ming Soong, a local banker with more than 30 years of experience both as a practitioner and a trainer, introduced seminar participants to the techniques and key principles of corporate governance, risk management and compliance, as well as their implementation.
Participants were also invited to visit United Overseas Bank (UOB), one of the three local Singaporean banks. Choo Tuck Wai, Executive Director & Head, Risk Strategy, Group Risk Management, presented UOB's governance structure, business model, risk strategy and risk governance and management framework.
During a visit to the Association of Banks in Singapore (ABS) an affiliate to ABS presented the success of Singapore as a vibrant and robust global financial centre and discussed key policy initiatives that contributed to the thriving financial sector.
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