Organisational Anti-Corruption Plan (OACP) 2022-2025 Bank Islam OACP 2022-2025 was formulated in March 2022 to enhance governance, integrity and anti-corruption controls serving as a testament to Bank Islam’s unwavering commitment to the highest standards of honesty and transparent business practices. This effort aligns with the National Anti-Corruption Plan 2019-2023 (NACP), inaugurated by Prime Minister on 29 January 2019. The OACP serves as an organisational anti-corruption framework aimed at addressing corruption issues effectively. Key Approaches • Drive the asset growth in accordance with good governance practices • Strengthening and streamlining all branch operations activities • Strengthening the Bank’s administration and support functions • Strengthening the efficacy of Bank’s governance and internal controls Mission and Commitment Bank Islam’s dedication to realising our vision as the premier Islamic financial institution, marked by the utmost standards of integrity, governance, and accountability to all stakeholders by maintaining transparency as well as enhance effectiveness and efficiency Benchmarked against CRM The potential corruption risk is benchmarked against corruption risk identified via CRM exercise as well as risk that may involved integrity and governance aspects OACP Action Plan Action plan were developed which includes the strategies and initiatives to tackle the possible corruption issues and activities within organisation with collaboration effort with the respective lead division Dimension • Business • Branch Operations • Administration & Support • Governance 4 PRIORITY AREAS 4 STRATEGIES 11 STRATEGIC OBJECTIVES 46 RISKS 141 INITIATIVES The OACP is a three-year strategy which encapsulates a total of 141 initiatives covering short, medium and long term to ensure that the Bank is free from corruption to be in line with the goals of the NACP. This plan is constantly reviewed and updated according to the Bank’s changes and organisation strategic requirements. The OACP covers four (4) main priority areas, namely Business, Branch Operations, Administration & Support and Governance. Through the implementation of OACP, it will reduce instances of integrity and corruption-related misconduct, fostering a workplace culture centred on teamwork, unity, moral principles, and ethical conduct. Consequently, this will enhance customer trust in our services, promoting collective welfare and prosperity. 244 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023 Statement on Risk Management and Internal Control
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