direction. in the longer run, the fsf should serve to foster a culture of lifelong learning and skills development within the financial sector workforce. i wish to commend aicb for leading the framework together with the malaysian insurance institute ( mii ) and the islamic banking and finance institute malaysia ( ibfim ). financial institutions here today will have a key role to play in realising the vision for the fsf by helping shape the framework into something that will be beneficial and relevant to institutions and individuals in the financial sector. by supporting the reskilling and upskilling of individuals whose roles may be at risk of displacement, the future skills framework also serves as a risk management strategy for financial institutions that are already facing growing legal and reputational challenges associated with redundancies. preserving a strong focus on professional standards second, future talent strategies must not lose sight of the critical importance of preserving a strong focus on professional standards to regulate conduct and behaviour. over the last decade, malaysia's banking industry has made important strides in raising standards of professionalism. this is evident from the number of accredited banking professionals that has more than tripled over the last four years. customers expect banks to stand with them through the good and bad times. the economy relies on resilient banks performing a critical intermediation function through economic cycles. the standards applied to professional bankers must therefore also stand the test of time. this means preserving high ethical standards that underpin the character of bankers, while expanding standards on professional skills and competencies expected of bankers to respond to a fast - changing landscape. i commend the exemplary leadership shown by gbestb in pioneering the development of global education standards in new areas such as sustainable finance and digital financial literacy. in malaysia, we also see efforts by our own professional development bodies to raise the bar through initiatives to refresh the chartered banker programme and the development of the certificate in climate risk ( cicr ). a strong focus on standards should continue to direct these efforts to ensure that skills and competencies acquired will be fit for the future. the industry will also need to be more deliberate about integrating a sound risk culture into standards adopted for banking education and professionals. the recent events of the banking turmoil in the us and europe, fifteen years after the global financial crisis, are sobering reminders that a sound risk culture remains essential to the integrity and stability of banks, as well as public trust and confidence in banks. such a culture begins with leaders of financial institutions who consistently

, training providers and workers – to build a resilient and sustainable talent pipeline for the future. while the challenge is great, i am reminded by the conference today that our prospects are bright as the industry continues to show strong leadership in rising up to the challenge. 4 / 5 bis - central bankers'speeches thank you. 1 focus malaysia [ link ] 5 / 5 bis - central bankers'speeches