PIDM's Blueprint for a Financial Crisis
from Enterprise Explores Hosted by BFM Media
After 20 years, Malaysia's Deposit Insurance Corporation, PIDM, has gone beyond simply reimbursing depositors if a financial institution fails. It is now also responsible for preparing for that failure, making sure essential banking services can continue, and working with other parts of the financial system to manage a crisis should one occur. Afiza Abdullah, newly appointed Chief Executive Officer of PIDM, joins us to unpack what that preparation actually looks like, and how PIDM is positioning itself for a financial system that keeps growing more complex.
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