Allianz Malaysia recognised for CG disclosure excellence by MSWG

Allianz Malaysia Berhad (Allianz Malaysia) was awarded the Excellence Award for Corporate Governance (CG) Disclosure and Industry Excellence Award for financial services at the recent Minority Shareholders Watch Group (MSWG) MSWG-ASEAN CG Award 2020.

A total of 851 Malaysian public-listed companies (PLCs), excluding companies listed on the LEAP Market as well as PN17 and GN3 companies were evaluated based on the ASEAN CG Scorecard that applies two levels of scoring to capture the implementation of the substance of good corporate governance. The assessment for 2020 was based on publicly available and accessible information in annual reports, CG reports, and sustainability reports issued for the financial year ended between 30 April 2019 and 31 March 2020.

Allianz Malaysia ranked sixth amongst the top 100 companies for CG disclosure and third under the financial services sector.

“We are highly appreciative to be recognised by the MSWG – these awards are the cherry on top for the efforts put in 2020. Nevertheless, as a company, it is equally important to continue to evolve and adapt to CG demands. The real work remains in staying committed to upholding the highest standards of integrity, accountability, and transparency in CG reporting that goes hand in hand with delivering profitable and sustainable growth for any organisation,” said Zakri Khir, the Chief Executive Officer of Allianz Malaysia.

The categories of awards are Excellence Award for CG Disclosure; Excellence Award for CG Disclosure – Market Cap Below RM1 billion; Industry Excellence Award; Merit Award for Most Improved CG Disclosure; and Merit Award for Newly Listed Company with 52 trophies awarded to 38 PLCs.

To learn more about MSWG-ASEAN Corporate Governance Award 2020, visit mswg.org.my/asean-cg-2020.

This content is provided by Allianz Malaysia Berhad.

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