Modern Australian
Men's Weekly

.

Kenanga Investment Bank Highlights Collective Efforts Against Fraud in its 8th Annual Fraud Awareness Week

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 20 November 2024 - Kenanga Investment Bank Berhad ("Kenanga" or "The Group") presents its eighth annual Fraud Awareness Week ("FAW"), highlighting its commitment to deterring fraud and advancing a culture of ethical conduct.

In line with the United Nations Global Compact's 10th Principle, these efforts also reflect the Group's dedication to integrity and ethical conduct in the fight against corruption in all forms.

From left: Maheswari Kanniah, Group Chief Regulatory and Compliance Officer of Kenanga Investment Bank Berhad (“KIBB”); YM Tan Sri Dato’ Paduka Tengku Noor Zakiah Noor Ismail, Founder Emeritus and Adviser of KIBB; Mr. Ganesh Thuraisingham, Head of Asia Pacific Development of the Association of Certified Fraud Examiners; Tan Sri Dato’ Seri Panglima Haji Azam bin Baki, Chief Commissioner of the Malaysian Anti-Corruption Commission; and Datuk Chay Wai Leong, Group Managing Director of KIBB at the launch of KIBB’s flagship programme, Fraud Awareness Week 2024.
From left: Maheswari Kanniah, Group Chief Regulatory and Compliance Officer of Kenanga Investment Bank Berhad (“KIBB”); YM Tan Sri Dato’ Paduka Tengku Noor Zakiah Noor Ismail, Founder Emeritus and Adviser of KIBB; Mr. Ganesh Thuraisingham, Head of Asia Pacific Development of the Association of Certified Fraud Examiners; Tan Sri Dato’ Seri Panglima Haji Azam bin Baki, Chief Commissioner of the Malaysian Anti-Corruption Commission; and Datuk Chay Wai Leong, Group Managing Director of KIBB at the launch of KIBB’s flagship programme, Fraud Awareness Week 2024.

Held in conjunction with the International FAW of the Association of Certified Fraud Examiners ("ACFE"), this year's theme, "Innovate, Integrate, Insulate" calls for a united approach to address the evolving threats of fraud and financial crime in an era of advanced technologies through active industry participation.

Tan Sri Dato' Seri Panglima Haji Azam bin Baki, Chief Commissioner of the Malaysian Anti-Corruption Commission remarked, "Kenanga's FAW stands as a powerful initiative, embodying the proactive stance needed to address the complexities of fraud in today's landscape. Events like these are invaluable, uniting leaders, regulators, and industry experts to foster dialogue and share best practices, and I commend Kenanga for its strong commitment to raising fraud awareness and setting a model of integrity for the industry."

"At Kenanga, our commitment to combatting fraud is steadfast, and we hold integrity as central to our work. Fraud is an ongoing challenge that requires strong, forward-looking strategies, and we are dedicated to strengthening these efforts. Through initiatives such as FAW, we promote a culture of ethical standards and proactive measures to build resilience, where protecting our stakeholders and reinforcing trust remain top priorities as we work to set a dependable standard for ethical practices across the industry," stated Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad.

The month-long flagship programme featured a variety of activities, including the Opening Ceremony held on-premises at the Asian Institute of Chartered Bankers – marking FAW's first return to an in-person gathering since the Covid-19 pandemic, where the event welcomed Tan Sri Dato' Seri Panglima Haji Azam bin Baki, Chief Commissioner of the Malaysian Anti-Corruption Commission, as its guest of honour. Featured activities also included the signature FAW games and educational seminars led by experts in fraud prevention and financial crime.

The 2024 FAW Games showcased a diverse array of interactive quizzes and anti-fraud activities marking another milestone year with an increase in participation with 250 registered teams, up 14% from 219 in the previous year. In addition to Kenanga's internal teams, the FAW Games welcomed representatives from regulatory bodies, public listed companies, professional associations, and the Group's vendor network – such as Bursa Malaysia Berhad, the Securities Commission Malaysia, Securities Industry Development Corporation, Kumpulan Wang Simpanan Pekerja, and Petroliam Nasional Berhad. International teams from Singapore, Indonesia, India, South Africa, and Belgium also took part, further underscoring the global significance of anti-fraud efforts and uniting industry players in the shared mission of fostering a resilient and secure financial environment.

"Fraud and corruption are enduring challenges for organisations worldwide, and the importance of initiatives like Kenanga's FAW cannot be overstated. By prioritising education, fostering vigilance, and advocating for strong ethical standards, Kenanga is actively contributing to a more resilient financial ecosystem. We commend Kenanga's dedication to combating fraud through both awareness and proactive measures, setting a valuable example for others in the fight against fraud," concluded John Gill, President of the ACFE.

As part of this year's Fraud Awareness Week, the Group also introduced a new video campaign focused on scam awareness. This initiative invites both the public and Kenanga employees to help raise awareness about fraudulent activities through creative content, expanding outreach and encouraging active participation in recognising and combating scams. This addition to FAW continues to underscore Kenanga's ongoing commitment to fostering a culture of vigilance and ethical conduct in the fight against fraud.

Hashtag: #Kenanga


The issuer is solely responsible for the content of this announcement.

About Kenanga Investment Bank Berhad (197301002193 (15678-H))

Established for over 50 years, Kenanga Investment Bank Berhad ("The Group") is a leading financial group in Malaysia, offering a wide range of services, including equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending, and trade financing. The Group's digital innovations include the launch of KDi GO, a wealth-centric app, along with game-changing products such as Rakuten Trade, Malaysia's first fully digital stockbroking platform, and Kenanga Digital Investing, an A.I. robo-advisor.

Kenanga has garnered multiple awards, including top honours at the Bursa Excellence Awards 2023 and The Edge Malaysia Centurion Club 2023. The Group also secured the Top 20 Overall Excellence and the Niche Cap Excellence Award at the National Corporate Governance and Sustainability Awards 2024. As one of the highest-scoring constituents of the FTSE4Good Bursa Malaysia Index and a Participant of the United Nations Global Compact, Kenanga continues to drive collaboration, innovation, and sustainability in the financial industry.

For more information, please visit .

Why Ugly Websites Sometimes Outperform Beautiful Ones

In the digital age, we're constantly told that first impressions matter, and nowhere does this seem more apparent than in web design. However, a cur...

TPD Claims & Super: What Does It All Mean?

Many Australians hear the term "TPD" in relation to their superannuation and feel completely lost. If you're scratching your head, wondering what it...

What Does Breastfeeding Feel Like? A Guide for New Moms

Frequently, numerous new mothers wonder, "What does breastfeeding feel like?" The feeling is different for each individual - a few describe it as a ...

Best Nail Care Routine for Frequent Nail Polish Wearers

For many people, nail polish is more than a beauty statement – it’s part of their everyday routine. Whether you love bold colours, chic neutrals...

Reinventing Research: How E-Libraries Are Changing Education Forever

A New Chapter for Learning For centuries libraries stood as temples of knowledge filled with shelves that smelled of dust and paper. Today the same...

Psychologists Explore Gestalt Vs Schema Therapy for PTSD Treatment

Recent research has revealed that in 2022, 1 in 9 Australians experienced post-traumatic stress disorder (PTSD). For some, this can significantly im...

Beyond Sunscreen: Building a Sun-Smart Culture in Modern Australia

Australia’s sun-soaked lifestyle is a defining part of its national identity. From beaches and sports fields to weekend barbecues and bushwalks, t...

What is Power BI & Why Should Your Business Use It?

In today's data-driven world, businesses are constantly searching for ways to gain a competitive edge. One tool that has emerged as a game-changer i...

From Service to Strength: How Aussie Veterans Are Rebuilding Their Lives with Everyday Support

Life after military service can bring new challenges. From physical limitations to mental health hurdles, many Australian veterans find everyday hou...

The Best Times of Year to Buy a Caravan

If you're shopping for caravans for sale, timing matters almost as much as the layout and features you desire. The calendar shapes price, stock and ...

The Growing Demand for Smart Living Through Home Automation

Technology has reshaped how we communicate, work, and travel—but now, it’s also changing the way we live at home. The rise of home automation i...

Beyond Clicks and Likes: Why Many Small Businesses in Australia Still Aren’t Leveraging Digital Marketing in 2025

Introduction In 2025, online marketing has become the driving force behind business growth for companies of all sizes. Yet, despite its proven effect...

Lighting Shop Perth: Your Comprehensive Guide to Choosing the Right Lighting Solutions

Lighting is a fundamental element in defining the ambiance, functionality, and aesthetic appeal of any space. Whether you are renovating your home, ...

Private Booze Cruisers – The New Must-Have Toy for Cashed Up Millennials

Did you hear that your 30s are the new 20s? We’ve finally rocked up that adult money and now it’s time to play with it. I was going for a walk ...

Grinding & Jaw Soreness: Signs You Might Need Night Guards and How We Protect Enamel

Waking with a tight jaw, tender muscles, or a dull temple headache is more than a bad night’s sleep. Many Australians grind or clench their teeth ...

Circular Interior Design: Furnishing with Salvaged & Reclaimed Materials

Circular interior design is gradually making its way from niche circles into mainstream Australian homes. At its core, this approach revolves around...

Invisible Braces vs Traditional Braces: Which Is Best for Adults?

Straightening teeth as an adult is common in Australia, and the options are better than ever. The two main choices are clear aligners, also called i...

Smoking, Vaping, and Healing: How Nicotine Affects Sockets and What you can do About it

Nicotine and oral surgery are a poor mix. After an wisdom teeth removal in Sydney, your body needs a stable blood clot and steady blood flow to rebu...