ADFIAP, CIPE, SCC to Hold Governance Seminar

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ADFIAP in collaboration with the Sabah Credit Corporation (SCC) and with funding support from the Center for International Private Enterprise (CIPE) held a “Seminar-Workshop on Governance & Risk Management Compliance” on July 25-26, 2006 the Hyatt Regency in Kota Kinabalu, Sabah, Malaysia.

This national event is an offshoot of the “Compliance Officership Program” (COP) held on December 12-16, 2005 in Manila, Philippines, which aims to develop a corps of Compliance Officers (COs) in member-banks to institute good governance and anti-corruption initiatives as well as set up Compliance Unit (CUs) in their respective institutions. The COP is the third phase of the capacity-building program under the CIPE-funded Corporate Governance Project of ADFIAP. For more information on the ACGRS, please visit the Association’s website at

The seminar was attended by more 50 participants from various backgrounds like banks and other financial institutions, statutory bodies, government agencies and legal authorities of this Eastern part of Malaysia. The occasion was graced by the Permanent Secretary, Ministry of Finance, Datuk Haji Yusof Kassim, together with Mr. Vincent Y. K. Pung, General Manager of Sabah Credit Corporation. The main resource person for the seminar was Dr. Cesar Saldaña, Founding Fellow of the Institute of Corporate Directors (ICD).

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