Affin Bank president and group CEO Datuk Wan Razly Abdullah
KUALA LUMPUR: Affin Bank Bhd has inked a partnership with MUFG Bank (Malaysia Bhd), a unit of Mitsubishi UFG Financial Group Inc, to cooperate in strategic sectors aligned with the industrial masterplans of Japan and Malaysia.
In a joint statement, the banks said the approach aligns with Malaysia’s aspiration of becoming a regional hub for renewable energy and the digital economy.
Additionally, both institutions will establish platforms for knowledge-sharing on employee engagement, management efficiency, and leadership growth.
This initiative includes talent exchange programmes, secondments, and cross-organisational redeployments to enhance expertise in emerging sectors, ensuring a skilled workforce capable of driving sustainable economic progress.
"This memorandum of understanding (MoU) underscores our commitment to providing tailored solutions, facilitating cross-border trade and investment, and expanding our expertise in key areas, including Islamic Finance, Green Finance, and Digital Transformation.
"By leveraging our deep market knowledge and MUFG’s global network, we are unlocking new opportunities for our customers and business partners, helping them scale in an increasingly interconnected global
economy," said Affin Bank president and group CEO Datuk Wan Razly Abdullah.
Meanwhile, MUFG CEO and country head of Malaysia Motohide Okuda said the MoU represents a major step in leveraging its global network and expertise to support the growth of key sectors in Malaysia, especially in the realms of green transformation and digitalisation, while creating new opportunities for sustainable business development.