In an Uncertain Future, Training Bankers for Greater Resilience, Fortitude

Daniel Viets, the CEO of Asian Institute of Finance, offers an insight into the AIF, set up by the Central Bank and the Securities Commission to help augment human capital development in the financial services industry, in regards to benefiting the local economy, funding, staffing, KPIs, the main pillars of competence it is seeking to improve, which sector of financial services is the most in need of effective human capital, and where the biggest room for improvement lies.

He touches on Islamic Finance and how the AIF helps Malaysia in plans to become a high income economy by 2020.

He discusses the risks inherent in financial sector liberalisation and the perennial dilemma for cental bankers: balancing risk with sophistication; also, he talks about the global financial crisis and the culture of huge bonuses, what the financial services industry has learnt from the crisis and how it is evolving with the Eurozone still grappling with economic problems.