Alhamdulillah, BIBD is truly honoured to be appointed as the Chairman of BAB for 2022 and 2023. I look forward to serving the BAB with our fellow colleagues, as the industry, and the nation, moves out of the shadow of the COVID-19 crisis, to collectively address the challenges and opportunities that have been brought about by the pandemic.

From a digital transformation standpoint, the BAB is fully supportive of the BDCB’s Digital Payment Roadmap and stands ready to embrace opportunities to innovate and move forward in this post-pandemic era.

Another challenge that society and our industry is grappling with is the issue of sustainability. As an industry, we must be committed to taking a leadership role in promoting sustainable development. But sustainability goes far beyond climate change and being environmentally responsible. Sustainable development is about investing into being socially and commercially responsible now for a better future for our business and the lives of our next generation.

The banking industry continues to be a key industry to pivot and drive economic growth and stability. Guided by, and working closely with our regulator in support of their Financial Sector Blueprint, collectively the BAB looks forward to taking a Whole of Nation approach to bring about a strong and sustainable banking industry in Brunei Darussalam, In Shaa Allah.