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Public Bank Sponsors NAfMA 2010

02/07/2010


Public Bank contributed RM60,000 to the National Award for Management Accounting (NAfMA) 2010, making it the main sponsor of the Award programme for the seventh consecutive year since its inception in 2004.

Managing Director of Public Bank, Tan Sri Dato' Sri Tay Ah Lek presented the cheque to Mr. Yeo Tek Ling, Chairman of the NAfMA Organising Committee at Menara Public Bank at a luncheon hosted by Public Bank on 8 June 2010.

In his speech at the presentation ceremony Tan Sri Tay said, "In initiating the National Award for Management Accounting or NAfMA, MIA and CIMA are playing an important function as 'corporate integrity watchdogs'; recognising organisations with high standards of corporate governance and which adopt the highest ethical and professional standards in management accounting practices."

He also said, "Our Chairman, Tan Sri Dato' Sri Dr. Teh Hong Piow has always been a strong proponent of good corporate governance, best practices and integrity. As such, NAfMA is an award very much close to his heart. That Tan Sri Chairman walks his talk is also evident in many awards that Public Bank has received through the years. For this year alone, Public Bank has to-date received 17 awards."

"Corporate governance is a benchmark of quality companies and this has not changed even in the new economy. Indeed, with the financial landscape becoming more sophisticated, there is even more of a need to remain faithful to the tried and true values of transparency, governance and accountability."

NAfMA 2010
Tan Sri Dato' Sri Tay Ah Lek, Managing Director of Public Bank (right)
presenting the mock cheque to Mr. Yeo Tek Ling, Chairman of NAfMA
Organising Committee

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