Intl Bank 0 f Malaysia

,:,rr:iB'n'cornpanies u'ere clefineil as those rhaf u,ere less rhan 51 perci:rii or.,'rrc,l (rr :. riticlltd bynational.invegqars; qmixedl companics hatl iI to 80 Fqrqent le{:-il riliiL:i ..::.'l elllcrive locr.l c.oi"rtrol; "naiional'] eo'rrlFaniei had,Bp.pqssgrs,bf dre sapitrl lielil L,y i,:,,;:i irnestor and propOrtionate nlalagefn6nt conrrr:l:. I ii: ri:rms Gener.al Ivlirnager and CEO areirsed iniercharlgcabhr ffiastld us filteum attiln n ; -[ ii zuntc :t, . tlf:]V$a{"r)rsf,al Ja s e p {t I fi Sreli.r r,a o i I I iq.*o rt-,e cnci of a 1?.rur-tvcqli nt;lr,lgLni*,*-,r tlclafc,prngr.rr coliise.i r'freo*1i6n*; T;rir D;rnliri,irr.1lr, Ilrmcli lvlarr..ic,r-l.iiL'rhe Kulli LtinrpUl nflicg pf 6[re fntern3-:" tic,n,rl Balrll crf lrlalai,51i, rvas rrflccriiig, ,xr a 59ripils lrcr:sciirntl prolrlenr in lti$ r-lwn ofijce. T,,'o otlhis deprr.rrr, nt liertj , Ntr. lvoirg Chiir Foli (Credjr) rnd'Ivtr- Z+i11. ttLiclirr ljin AbdLil \'tftrh'rb (Adririnisrl'atiorr)i were caiiling sc'*iotrp disrtrliiions to r.r,,'rrrl. nr,.l perlilrnrari,::e rlrrouglr rhcil cili.l:rs. tir disc,'eilii-ieach other,. Under.ordi- n"rv ciriruirrr,.,nccs \,[r. i.lmtc*,i.ri-ih uriglir li;rve ilbatiwidr fhe siruatirln as a qsinrplp I.rli:rr,rliq., confli.jt l:t:iu'e,:n r:*,',, ,,,^,i.g.rs-" Brtt in rhis case thc probltnr 'tl'as coqrplicai.cd bV rhc f.rr:t thri \\Iono- rviis o{.Cirincsc o-ngcstr}1 wliilerZairrudrlin lvas &'[aliy.= ' tttit nol (JnJ)r ialci:s;itieti tlrtir hr.lsrils flrelings tr;rva'r-d pach other but also cot- streined the optir;ns i:liiletr rrJ i.;l lbr rcsolrtingtihe dlfficuliie$, l,trerkneur dlat any :*:ri*ii hc togk. vo1i,:i b-c sii[ject i() thc $crtrdrl)r gf the oflice enplolagS ald thi; .lf{rrlaVsialr gil\.rrrurenl. h,ot['r rlf 1'hg6 n,e,:e sensitii,c:tO ti're dclicate rel'riionq bel r\^,ef i1 dtes;rwo r:aci;ii tftat lccmrime,d ft:r the tfulk <>f I\'lalaysian citizem:ir In ltact, th.c goveiniltent iiu,J nrai'eei i'Lu''.rfr:l urcreasing regulation of'the racial rnlx r.r,idrin ,.:t"n,pa,rics r-rpr:r.;i.ring, in Iv rh-vsii. .As l-rc ,:onsidersd tliese issues; Ian knen' rli,rr h* rvririi,.l si*.,n tn: [,acl,,iir ii.urla Lunrpirr anll faced Widr resolt ing rhe problenl. <.== qj 3i(;:*1i.r-j j,r, j{ i,t--i t'i ij : Lntcr.nariorr:Ll. r"';r.$ .,. 1\,rrldri'i,it it.,tiurier:ciel brinlcing <.rr5anir;ation Althoirgh tlie li,irerlrllr.rr:tcr's 11,xs [<.;1:afedr in rhc l-llirce{. .Si-:ir*.s, tr.rreigli olfir-'cs cr-'trtlucted 'tlreir .ionrcsric riiaili; fiiirii' atriitii:tlt.:ltsl'l v"liririr: the limics of corpLlt'ntc policieg' Thc Ivful:{,5;ii1 opeiaii(lIl ri,"s r1,1.ric;rl cii:tlie baiil.3 (rrHafli?ilti(in;d .aP['ioacll to itltelaa- iir',riel rrt;:.11i'::r.:i. FIc:tti,.rllr, icis tvii:i i i:rIli:erl li'd rl'itl: tlnli' tltosc local lrt irnch act il'itics rl-r,,rr incluclecl r]rc a,-lri,iniri:t':lt:lun lrii:L:ltl1'("it1f-\'ji:Iltirit]lliil)'rrturs-atlirrns (e g'; dcalings gf'c(1p(;r'at cr :jt :.'rttc :s v"irh tht: for"r:iit'rr c'fiile:l) 'lrt thc llari'jling o{tcrcdit lpi;lica- ti -r,rs tiirt.r,rr. be yonri cire a;r.'r'o'.',tl li]irii cf itical f,-,'trege tnen'' <. -. _- .- ''::.:t, .1.. ij _ :'-:.,.," : :.1:j ?Hdl

Intl Bank 0 f Malaysia

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