This year's cover reflects a seamless uplifted wave that connects our stakeholders and uplifts them on a shared journey of holistic growth. The interconnectivity of positive impacts are rendered by the layers bound together within the wave, reflecting the value creation strategies that are holistically created for all walks of lives. The leaves represent the growth of sustainable environmental initiatives within the Bank’s business operations.
I am delighted to share with you that KWAP has continued to perform exceptionally well in both financial terms and the services we provide to our esteemed pensioners. Despite the complexities arising from the post-pandemic macro environment, which has introduced unprecedented uncertainties into the global economy, KWAP has achieved remarkable results.
KWAP is currently in Phase 3 of its Strategic Plan, known as Vision 2025 (2020 - 2025). Based on this vision, KWAP aspires to be the leading retirement partner that seeks to enrich members’ retirement experience on top of growing assets sustainably. To realise this, a host of targets have been set for the year in supporting the long-term strategic objectives and target outcomes of Vision 2025.
At KWAP, we recognise that our role as a responsible institutional investor goes beyond financial performance. To fulfil this role, we seamlessly integrate sustainability principles into every facet of our organisation, guided by our Sustainability Framework. This framework underscores our dedication to sustainable practices and principles as we strive to create long-term value for our stakeholders
1Based on 2025 target Accumulated Adjusted Fund Size of RM200 billion, the estimated investment in transition assets amounting to RM20 billion.