THE BOARD’S 2022 ACTIVITIES AND KEY FOCUS AREAS As a listed financial institution operating in a challenging and constantly evolving business environment, we strive to ensure our governance framework remains resilient, relevant and is applied consistently across our operating networks. The evolving environment coupled with the continued presence of the COVID-19 pandemic within our operating environment, led the Board to continue placing added focus on efforts to strengthen our sustainability practices and our approach to sustainability matters. As such, the Board continued its oversight of the Management by embracing the highest standards of corporate governance and giving consideration to ESG related matters to support the Board’s agenda to take the Group’s business forward. The diagram below shows the key areas of focus for the Board which appear as items on the Board’s agenda at the respective meetings throughout the financial year under review. Risk Management & Compliance Strategy, Financials and Business Performance Group Risk Appetite Statement Policy 2022 Risk management related policies, credit policies and other significant operational policies which include review of Stress Testing Policy and Authority Limit Policy Review the implementation of Internal Capital Adequacy Assessment Process (ICAAP) Response to 2021 Bank Negara Malaysia’s Composite Risk Rating (CRR) Risk Management and Credit Management Dashboard Compliance related policies which include Group Compliance Policy, Group Compliance Risk Assessment Policy, Group Anti-Bribery Policy, Group Corruption Risk Management Policy and Group AML/CFT Policy Rectification Plan for Shariah Non-Compliance events Strategic Direction, Business Plan, Budget 2022 and Financial Projection Corporate Scorecard FY2022 and Performance Appraisal FY2021 Audited financial statements for the financial year ended 31 December 2022 as well as the quarterly and half yearly unaudited interim financial statements Forecast for the financial year ending 31 December 2022 BIMB’s business performance based on the financial reports presented to the Board Dividend Re-Investment Plan and Dividend Payment Re-appointment of external auditors for the Group Digitalisation initiatives Proposals for new and review of products and services to ensure BIMB’s offering remains relevant and competitive Outsourcing related proposals and Outsourcing Plan for 2022 iTEKAD and BangKIT micro finance programmes Quarterly Analysis Review on BIMB’s Results Technology Risk and Cyber Resilience Policy Engagement sessions with regulators i.e., BNM, SC and others Business strategy of various sectors within the Group Budget and Business Plan for FY2022 Contents of Annual Report 2021 Proposed ESG plan and initiatives Board off-site session discussed the challenges and opportunities for the Group Related Party Transactions A B Accountability Bank Islam Malaysia Berhad 185 01 05 03 07 02 06 09 04 08
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