| Izah Azahari |
THE Brunei Association of Banks (BAB) yesterday hosted an appreciation dinner at the Radisson Hotel to acknowledge the initiatives and contributions made by BAB members in developing the country’s banking industry as well as to exchange views and strengthen working relationships.
Present as the guest of honour was Yusof bin Haji Abdul Rahman, Managing Director of Autoriti Monetari Brunei Darussalam (AMBD). Also in attendance were BAB members and senior officials from AMBD.
The programme began with a speech by the guest of honour followed by remarks by the outgoing Chairman of BAB, Rino Donosepoetro, the Chief Executive Officer of Standard Chartered Bank, and Pierre Imhof, the Chief Executive Officer of Baiduri Bank who is the incoming chairman of the association.
Yusof spoke of the priorities of AMBD in the last five years and commented on the strong commitment and support shown by the banking industry in moving towards the Vision 2035 aspirations.
The financial sector, particularly the banking industry, plays an important role in boosting economic growth in the country, he said, sharing his views on the domestic economy and the financial environment in Brunei in the backdrop of Asean integration.

The guest of honour, Yusof bin Haji Abdul Rahman, Managing Director of Autoriti Monetari Brunei Da-russalam (5R), in a group photo with members of Brunei Association of Banks. – IZAH AZAHARI
Rino Donosepoetro extended his appreciation to AMBD for its support and guidance to the BAB during his tenure.
He added that the banking industry has played an active role in supporting local activities such as financial literacy and education clinics for SMEs and international activities through the Asean Banking Association as well as banking associations in other countries.
The incoming chairman of BAB thanked the guest of honour and AMBD senior officials for attending the dinner and urged to continue the good level of cooperation between BAB and AMBD that had been built over the past years.
He reiterated the strong commitment of BAB to continue to work closely with AMBD in the coming years with the objective of actively contributing to the strengthening of the financial sector in Brunei and keeping the banking industry in line with the latest international developments.
Concluding the event was a presentation of a token of appreciation to the guest of honour by the chairman of BAB and a group photo session.
The banks were represented by Pierre Imhof, Chairman of BAB and CEO of Baiduri Bank; Abdul Razak bin Abdul Malek, Vice-Chairman of BAB and Senior Vice-President & General Manager of United Overseas Bank; Lim Yu Kwang, Honorary Secretary & Treasures of BAB, and Country Head & General Manager of Malayan Banking; Mubashar Kobhar, Managing Director of Bank Islam Brunei Darussalam; Todd Wilcox, CEO of Hong Kong and Shanghai Bank; Tunku Mohd Firdaus bin Tunku Yahaya, Deputy Country Head of RHB Bank; and Rino Donosepoetro, CEO of Standard Chartered Bank.
Also attending the dinner were Haji Rosdi Amin bin Dato Paduka Haji Yaakub, Acting Managing Director of Perbadanan Tabung Amanah Islam Brunei, Edmund Teo, Head of Client Relationships of State Street, Brunei and senior management of the banks.
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