- Allianz Malaysia Berhad (Allianz Malaysia) and Universiti Malaya (UM) today launched the Allianz Centre for Governance (ACFG), a strategic initiative to conduct research on governance and related areas.
- Located at the Faculty of Business and Economics at UM, the centre will serve as a key platform for academic research and public engagement, with a focus on strengthening business integrity and supporting reforms in governance practices.
The launch, which coincides with the International Anti-Corruption Day which falls on 9 December, took place at the Za’ba Memorial Library in UM.
“This initiative reflects our understanding that large organisations like Allianz must lead by example, collaborating with governments, businesses, civil society, and the media to create meaningful change,“ said Anusha Thavarajah, Regional Chief Executive Officer of Allianz Asia Pacific.
Meanwhile, UM Deputy Vice-Chancellor (Academic & International), Professor Dr. Yatimah Alias said that without a doubt, the establishment of the ACFG would further accelerate efforts to enhance the quality of governance, ensuring continued transparency.- “I hope this collaboration will foster a strong synergy between UM and our industry partner, Allianz Malaysia, to jointly achieve the envisioned vision and mission,“ she added.
Prior to the establishment of the Centre, Allianz Malaysia had already taken several steps within the organisation to advocate good governance and stand against unethical practises in the industry, including :
- Allianz Road Rangers: Launched in 2017, this initiative ensures a fair and transparent claims process for motor insurance customers, safeguarding them from exploitative practices and mitigating the risk of motor insurance fraud.
- Panel Workshop Revamp: In 2020, Allianz Malaysia conducted an open tender process to select authorised car repairers, enhancing transparency and service standards within the motor claims process.
- Partnership with RasuahBusters: Allianz Malaysia became a coalition partner with RasuahBusters, a grassroots movement dedicated to fighting corruption in Malaysia, further demonstrating its commitment to integrity and ethical business practices.
- “With the launch of the Allianz Centre for Governance today, we are taking the next bold step forward by institutionalising our efforts. Research-driven solutions, informed by data and expert analysis, are far more likely to lead to effective anti-corruption measures than reactive policies based on political pressure or popular sentiment,” said Sean Wang, Chief Executive Officer of Allianz Malaysia.
- UM’s Dean of its Faculty of Business and Economics, Professor Dr. Yusniza Kamarulzaman echoed this, saying that the collaboration between public universities and the industry can serve as a medium for the empowerment of good governance.
- The ACFG is a three-year collaboration with UM and marks an important milestone in Allianz Malaysia’s ongoing commitment to ethical business practises and adherence to the highest standards of corporate integrity.
(L to R) Anusha Thavarajah, Regional Chief Executive Officer, Allianz Asia Pacific signing the plaque together with Professor Dr. Yatimah Alias, Deputy Vice-Chancellor (Academic & International), Universiti Malaya (UM) at the launch today.
(L to R) Zakri Khir, Chairman, Allianz Malaysia Berhad; Associate Professor Datin Dr. Izlin Ismail, Deputy Dean (Research), Faculty of Business and Economics, UM; Professor Dr. Yatimah Alias, Deputy Vice-Chancellor (Academic & International), UM; Anusha Thavarajah, Regional CEO, Allianz Asia Pacific; Professor Dr. Yusniza Kamarulzaman, Dean, Faculty of Business and Economics, UM and Sean Wang, CEO, Allianz Malaysia Berhad in a group photo.
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