The Asian Institute of Chartered Bankers has welcomed a new Chief Executive Officer to head the institution with immediate effect. Edward Ling Hsiao takes over from Prasad Padmanaban, who served the Institute for close to five years.
Chairman Tan Sri Azman Hashim welcomes the appointment of Edward as his vast knowledge and rich experience in the professional development and financial sphere, leading local and regional portfolios uniquely positions him to lead the Institute and help us serve the needs of our members and the banking industry during this period of rapid transformation.
Edward is a veteran in the financial sector and has worked at ACCA for over 11 years. Before this, he served as the Regional Portfolio Head — Maritime Southeast Asia for ACCA, after serving four years as Country Head of ACCA Malaysia and various positions within the Association over the last decade.
“Digitalisation has dramatically altered the banking industry, creating new challenges and placing greater emphasis on workforce transformation. It has become critical for the industry to optimise technology and upskill and reskill their staff to keep up with the revolution. I am excited to join AICB and look forward to contributing to raising the professional standards in the banking industry and ensuring our members are equipped with the professional knowledge and skills to navigate the future of banking.” added Edward
AICB is the sole professional body for Malaysia’s banking industry. The Institute is governed by a council of representatives from Bank Negara Malaysia, The Association of Banks in Malaysia, and the Malaysian Investment Banking Association.
With over 32,000 members and growing, AICB aims to elevate professional and ethical standards in banking by creating a workforce with the highest standards of professional conduct, knowledge and competence through its professional membership and qualifications.
