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MessAge fRoM the Chief exeCutive offiCeR Annual Report 2022 13
A greater alignment in strategic communications was GROWING AND NURTURING OUR PEOPLE
initiated via a branding workshop held during the year with
KWAP Board and Investment Panel members. Following People development is a core priority of TERAS 5. We focus
the direction agreed upon, social media campaigns on cultivating an agile and future-ready talent pool that is
were launched to provide the latest update and related innovative, motivated, proactive and customer-centric.
educational content towards driving public awareness on At every level, our employees are being empowered via a
pension-related topics. robust risk culture with clear accountability.
Alongside the campaigns, eight media initiatives were A point of pride in 2022 has been our growing pool of
completed during the year through key announcements, talents. In 2022, KWAP had hired 216 new employees ,
1
press conferences, media interviews and speaking strengthening the team to 702. Meanwhile, our attrition
engagements. rate for 2022 reduced significantly to 4.7% in comparison
to 8.0% in 2021, which reflects improvements in creating
We took the opportunity to open up KWAP’s information loyalty and building a more motivated workforce through
booth whenever KWAP participated in events organised
by Ministries and agencies. As a result, more than 2,500 employee engagements.
visitors, including pensioners, future pensioners, pension New entrants during the year included candidates for the
derivatives recipients and public, had visited KWAP’s roles of Chief Investment Officer (CIO), Chief Financial
booth at these events.
Officer (CFO) and Chief Digital Officer (CDO) to strengthen
In terms of other efforts made, seven JPA Engagement KWAP’S TERAS 5 execution.
Programmes were conducted all over Peninsular Malaysia KWAP employees are also given the opportunity and
with participation from over 2,200 pensioners and future strongly encouraged to further their studies through
retirees. Going further to impact the lives of pensioners enrollment in KWAP’s Education Assistance Scheme (EAS).
in need, KWAP along with JPA had visited 16 pensioners
suffering from chronic diseases, including purchasing their Many employees have flourished and expanded their skills
necessities and medical equipment. under EAS. In 2022, a total of eight employees completed
their studies successfully, and another 17 employees are
KWAP also actively participated in the national currently actively pursuing professional and tertiary-level
MySTEP and JaminKerja initiative that were introduced programmes ranging from CFA, CRMA, PKMC, ACCA,
by the Ministry of Finance (MOF) under Budget 2022. BSC, MSC and PHD, provided under the EAS programme.
The programme was created to address unemployment,
enhance employability and stimulate domestic economic TERAS 5 will enhance resource planning, focusing on
recovery by offering contract employment opportunities the development of capabilities and skills. KWAP looks
across all economic sectors. We successfully assisted to navigate the expectations of the new generation of
in this government initiative by placing 1,019 MySTEP employees entering the workforce through the introduction
participants within KWAP and with our strategic of culture management which touches on various aspects
partners. including the adoption of digital platforms.
Furthermore, in an effort to govern and guide KWAP GOING DIGITAL TOWARDS SUSTAINABLE
and its subsidiaries on the implementation of CSR GROWTH
initiatives, sponsorships, and donations, the CSR Policy
was established and approved by the Board. The Policy Digitalisation is now a primary thrust as KWAP looks to
forms part of the requirement under the CIP issued by the become a digital savvy organisation. During the year,
Malaysia Integrity Institute. KWAP’s Infrastructure Technology team completed the
upgrade of several information technology infrastructure and
hardware equipments last year. Behind all our networks, a
1 Including KWAP Young Talent and MyStep employees within the Group.