<div class=newsTextDataWrapInner><p>SINGAPORE (April 26): Swiss bank BSI said Raj Sriram, the interim CEO of its Singapore unit, would leave the bank and Renato Cohn, member of BSI's group executive board, would become acting CEO.</p></div>

<div class=newsTextDataWrapInner><p>"Raj will guarantee a smooth handover to Renato in the upcoming weeks and will leave the bank accordingly," BSI said in a statement received by Reuters on Tuesday. It said Sriram will take a break from his professional career.</p></div>

<div class=newsTextDataWrapInner><p>BSI was recently sold by Brazil's Grupo BTG Pactual SA to EFG International AG. Sriram's exit follows a March announcement that the head of BSI's Asia business, Hanspeter Brunner, would retire from the bank. Sriram was then given responsibility of the Singapore business.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>BSI's Singapore unit has been in the spotlight in recent months after one of its bankers came under a criminal probe related to a money laundering investigation linked to Malaysian state fund 1Malaysia Development Berhad (1MDB).</p></div>


SINGAPORE (April 26): Swiss bank BSI said Raj Sriram, the interim CEO of its Singapore unit, would leave the bank and Renato Cohn, member of BSI's group executive board, would become acting CEO.

"Raj will guarantee a smooth handover to Renato in the upcoming weeks and will leave the ban...

BSI Singapore's interim CEO Raj Sriram to leave bank

As Malaysia stands on the threshold of a new era of global competitiveness, the concept of becoming an “innovation nation” has never been more relevant.

At its core, it represents a society where creativity, technology and knowledge converge to drive economic growth, solve societal chal...

Insight: Charting a path to becoming an innovation nation

Discussions about artificial intelligence (AI) and generative AI (Gen AI) often raise more questions than answers. Questions like “Is the AI investment bubble about to burst?”, “Is the market headed for a technological correction?” and “Will AI really lead to job losses?” are top of mind, especia...

Generative AI: Shaping the future

January

2 Prime Minister Datuk Seri Anwar Ibrahim launches the Central Database Hub (Padu), a database containing individual and household profiles of citizens and permanent residents in Malaysia, which will mainly be utilised for t...

Tech wrapped 2024

When someone mentions Cyberjaya, many automatically equate it to technology and digital. This is because its origins date back to the nation’s Multimedia Super Corridor (MSC) initiative in 1997. This ambitious project is aimed at creating a high-tech environment to attract global tech giants, foster groundbreaking innovation and stimulate foreign direct investment (FDI).

Cyberjaya: A vibrant ecosystem for innovation

What the AI landscape will be like in 2025

The next frontier in the AI race: Scaling for impact

Running a business is never easy. It demands hard work and perseverance. But without opportunities, entrepreneurial dreams often remain unrealised.

For owners of micro, small and medium enterprises (MSMEs) and rural businesses — who make up 96.9% of businesses in the country — the chall...

Microfinance: Closing the loop

Malaysia stands at a defining moment in its semiconductor journey — an opportunity to reshape its future while building on its legacy as a manufacturing powerhouse. This is not just an evolution but a bold transformation — one that moves the country from beyond assembling components to becoming a...

Catalyst: Technology as the stepping stone for innovation

What was once a rather geeky and niche area of discussion, is no longer — data centres have now entered the mainstream. Thanks to the influx of billion-dollar investments into Malaysia, we are seeing a surge of interest in data centres, the technology that powers them, and what this means for the...

Centre Stage: Boon or bane, tough conversations on data centres must happen now

Stepping into Teringin @ Sri Ukay is akin to entering a traditional yet luxury village, where large homes are lined by 20ft driveways. Offering luxury living near the lush greenery of Bukit Antarabangsa in Selangor, Teringin @ Sri Ukay is an exclusive, low-density residential development comprising 24 semidees and a bungalow on 8.5 acres.

Luxury multigenerational living close to nature

The expansion of data centres is fuelling growth in related industries such as cybersecurity, network infrastructure and IT services. To meet the challenges of managing sensitive data at scale, IT providers are introducing specialised solutions, including cloud migration, data optimisation and ma...

Powering Progress: Fuelling industrial growth

<p>Azerbaijani President Ilham Aliyev said on Sunday that a passenger plane that crashed last week, killing 38 people, had been damaged by shooting from the ground in Russia, and he said some in Russia had lied about the cause of the disaster.</p>


Azerbaijan's president says crashed plane was shot at from Russia

<p>Mikheil Kavelashvili, a hardline critic of the West, was sworn in as president of Georgia on Sunday amid a political crisis after the government froze European Union application talks in a move that sparked major protests.</p>


New Georgian president sworn in; predecessor says he is not legitimate leader

<p>Central banks around the world responded to the inflationary period following COVID-19 by raising interest rates. Now that inflation seems to be largely under control, monetary policymakers must begin preparing for the next crisis by expanding their toolkit.</p>

<p>This is particularly importa...

The Frontiers Of Growth: The Missing Monetary-Policy Tool

<div class="ceonothumb pb-5 imgw-800 mx-auto d-block"><img alt="" src="https://myassets.theedgemalaysia.com/pics/2024/20241223122306_PayNet-Strip2-IMG_20241223122306_IMG.jpg" /></div>

<p>The rise of artificial intelligence (AI) has resulted in more frequent cybersecurity attacks, forcing cybersec...

Offence And Defence: The new arms race in cybersecurity

<p>The expansion of data centres is fuelling growth in related industries such as cybersecurity, network infrastructure and IT services. To meet the challenges of managing sensitive data at scale, IT providers are introducing specialised solutions, including cloud migration, data optimisation and ma...

<h2>January</h2>

<p><span style="color:#c0392b;"><strong>2</strong></span> Prime Minister Datuk Seri Anwar Ibrahim launches the Central Database Hub (Padu), a database containing individual and household profiles of citizens and permanent residents in Malaysia, which will mainly be utilised for t...

<p>As Malaysia stands on the threshold of a new era of global competitiveness, the concept of becoming an “innovation nation” has never been more relevant.</p>

<p>At its core, it represents a society where creativity, technology and knowledge converge to drive economic growth, solve societal chal...

<p>Discussions about artificial intelligence (AI) and generative AI (Gen AI) often raise more questions than answers. Questions like “Is the AI investment bubble about to burst?”, “Is the market headed for a technological correction?” and “Will AI really lead to job losses?” are top of mind, especia...

<p>What the AI landscape&nbsp;will be like in 2025</p>


<p>Quantum computing holds immense theoretical promise, but it has yet to prove to be significantly better than classical computing in practical, large-scale applications. Still, Hanhee Paik, head of IBM Quantum in Japan, compares its potential impact to the recent transformative rise of artificial ...

Quantum Computing: Tiny but mighty

<p>Malaysia has long depended on low-skilled foreign labour to fill low-wage jobs that many locals avoid. These roles are often highly routine, and as the country seeks to reduce its reliance on foreign labour, automation is increasingly being seen as the key solution.</p>

<p>In 2022, the Interna...

Automation: Shifting to intelligent manufacturing

<p>The private healthcare system is under scrutiny as public outrage over rising costs pressures the government to consider implementing a diagnosis-related group (DRG) system to ensure fairer hospital charges. Yet, the pursuit of cutting-edge treatments and more efficient care delivery remains an e...

Data Remedy: Striking a balance

<p>Climate change has led to prevalent issues such as drought and severe flooding, prompting companies in the climate tech space to tackle these challenges in the hope of making a global impact.</p>

<p>The climate tech sector is experiencing rapid growth, driven by both homegrown companies and in...

Environment: Tackling the climate crisis with innovation and policy

<p>Malaysia’s start-up ecosystem has seen a surge of support through various initiatives aimed at nurturing early-stage companies and helping them thrive in competitive markets. Key players, both government-led and private, have stepped up efforts to provide funding, resources and strategic guidance...

Toolkit: Initiatives to grow an innovation-led start-up ecosystem

<p>Running a business is never easy. It demands hard work and perseverance. But without opportunities, entrepreneurial dreams often remain unrealised.</p>

<p>For owners of micro, small and medium enterprises (MSMEs) and rural businesses — who make up 96.9% of businesses in the country — the chall...