Migration to International Financial Reporting Standard (IFRS) 9, or its local equivalent, is likely to create operational challenges across many of Asia-Pacific's (APAC) banking systems. These issues would have a negative initial effect on capital, and potentially raise the volatility of earnings and regulatory capital ratios, says Fitch Ratings.
Yik Sook Ling is Appointed CFO of Public Bank Berhad
Yik Sook Ling has been named Chief Financial Officer of Public Bank Berhad.
She has 22 years of working experience in area of auditing, accounting and finance. She started her career with Arthur Andersen and subsequently assumed the role of finance controller, Vice President of Finance, and Finance Director of various commercial organisations and financial institutions.