nazrul hisyam mohd noh : opening # idareyouchallenge2017 grand finale remarks - opening remarks by mr nazrul hisyam mohd noh, assistant governor of the central bank of malaysia ( bank negara malaysia ), at the # idareyouchallenge2017 grand finale, kuala lumpur, 3 september 2018. * * * it is indeed an honour for me to be here today at the grand finale of # idareyouchallenge 2017. within the theme of today ’ s event, i would like to take this opportunity to pose three dares for everyone here today : 1. firstly, to the university undergraduates present here, i dare you to break the myth that the young generation are not financially savvy and do not plan financially for the future. 2. secondly, again to the millennials and post - millennial gen - z present today, i dare all of you to break the myth that you are the “ me me me ” generation, one that only cares about yourself, and to prove that all of you have a much wider and richer perspective, that you actually care about being financially protected for the sake of your future and your loved ones. 3. finally, i dare the chiefs and captains of the insurance industry seated here today : i dare the industry to break the myth that insurance is unexciting, but instead, to demonstrate through engagements with the emerging generation of today that insurance is filled with opportunities for meaningful and exciting careers. i cannot emphasize more, especially to the millennials and post - millennials present, that you have much ahead of you. in the journey to find purpose and passion in life, always be curious, take risks and differentiate yourselves from everyone around you. the fact that ‘ change is the only constant ’ tells us that the world is ever evolving and all of us are constantly addressing curve balls and wildcards that life throws at us. the talk of job displacements, the rise of artificial intelligence, fintech, insurtech and the new industrial revolution will certainly change the world that we live in. in those, there are challenges, but there are opportunities as well. thus, no matter in what stage of life you are in – you need to stay relevant, always strive to be different by innovating yourself. above all, i must say, savour the experience and find personal meaning, purpose and enrichment along the way. while many of you

of you are winners. to the winners of today, congratulations for a well deserved victory to what must be an exhaustive yet creative venture. this experience could be life changing. to the others, the materials you have created and presented here will likely put our life insurance companies on notice, in terms of new ideas on what motivates and excites the generation, and as they respond to them over time, you are also winners of the future. closing in closing, i would like to repeat my 3 dares today. to our youth, dare to be financially prepared for the future and dare to be financially protected. to our industry, dare to be an exciting workplace for the future generations. i shall leave you with this thought from winston churchill, and i quote – ‘ success is not final, failure is not fatal, it is the courage to continue that counts ’. 2 / 3 bis central bankers'speeches 3 / 3 bis central bankers'speeches