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English > Corporate > Pages > BusinessPlan.aspx
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You
are here:
 Corporate > Business Plan
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"KWAP achieved net ROI and TWRR of
7.34% and 8.88%
respectively in 2010"
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| Business Plan 2012 |
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| Illustrated below is KWAP's business objectives for 2012: |
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Click image to enlarge
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Corporate Scorecard for 2011
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Below are the scorecard that has been planned for the year 2011:
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| Stakeholder's Objectives |
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1. Grow fund size
2. Asset liability management |
a. Percentage of growth in fund size
a. No. of initiatives completed
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a. Increase fund size (at cost) by circa 11% from estimated opening balance 2011
a. i. Develop at least 1 identified capability to support future ALM studies
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| Financial Objectives |
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1. Achieve target ROI
2. Enhance capital preservation measures
3. Accelerate portfolio diversification
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a. ROI at fund level exceed benchmark (rolling 3 years of 10-year MGS + 100 bps)
b. Customised benchmark (weighted average of all asset classes benchmarks)
a. % of fund size permanently diminished in value
a. RM million
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a. ROI of 5.5%
b. Meet customised benchmark
a. Less than 1% of total fund size (at cost)
a. Achieve target utilisation amount for property, private equity, foreign equity and foreign fixed income
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| Operational Objectives |
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1. Implement new investment initiatives
2. Improve investment management practices
3. Strengthen risk management practices
a. Effectiveness of Business Continuity Plan
b. Effectiveness of Operational Risk Event (ORE) reporting
c. Implement risk related initiatives
4. Enhance operational efficiencies & corporate governance practices
a. Compliance
b. Contribution management
c. Annual Report
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a. Number of proposals closed
b. Meet initiative’s milestone
a. % of investment proposals approved by the Investment Panel
a. % of target results
b. % of ORE addressed
c. Meet initiative’s milestone
a. i. % of compliance rate to legislations / regulations
ii. % of operational non compliance issues addressed within stipulated timeline
iii. % of audit observations
iv. Opinion by statutory auditor
b. i. Meet initiative’s milestones
ii. Timely collection of contributions
c. Timeline |
a. 2 closed proposals (either through investment in new instruments or provision of funding solution to potential counterparties)
b. 100% implementation of identified critical operational requirements to facilitate foreign investment
a. 90% approval rate
a. Meet 90% of target results
b. 100% reported ORE addressed
c. i. Implement market risk management system
ii. Implement credit risk scoring methodology
a. i. 100% compliance to legislations / regulations
ii. 100% operational non compliance issues addressed within stipulated timeline
iii. 100% audit observations closed over stipulated timeline
iv. Unqualified Audit Certificate for the Financial Statements
b. i. Implement Contribution Management System and Contribution Guidelines
ii. 90% compliance within the prescribed period of 30 days
c . Annual Report tabled to the Parliament during Second Sitting (June 2011)
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| Learning & Growth Objectives
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1. Implement performance & talent management practices
a.
Performance management & recruitment processes
b. Continuous learning organization
2. CSR programs
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a. i. Talent turnover rate
ii. Achievement of performance target
iii. No. of Employee Development Plan implemented
b. Average training days per employee
a. No. of completed initiatives
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a. i. Not exceed 10% talent pool
ii. 70% of staff rated above 3.5(based on rating scale between 1 to 5)
iii. Two (2) plans implemented which are Talent Exchange Program and Job Rotation Program
b. 7 training days per employee
a. Three (3) CSR programs
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