Citi Malaysia Collaborates with Universiti Malaya to Launch First Financial Crime Compliance Program for University Student

From left to right: Assoc. Prof. Dr. Nurul Shahnaz Ahmad Mahdzan (Head, Department of Finance & Banking, Faculty of Business & Accountancy), Professor Dr. Che Ruhana Isa (Dean, Faculty of Business & Accountancy), Gautam Abroal (Head, Citigroup Transaction Services (M) Sdn Bhd) and Eric Sua (Vice President, Country Recruitment Head, Citi Malaysia).

Citi Malaysia and Universiti Malaya (UM) announced a partnership to launch the first Anti Money Laundering (AML) and Financial Crime Compliance Program for the University’s Faculty of Business and Accountancy students. In a signing ceremony today, Citi Malaysia and UM announced the 18-hour program, comprising of lectures, tutorials and coursework relating to financial crime compliance, which will run from February 2020.

The course will be offered to second, third and final year undergraduate students undertaking the Bachelor of Finance (BFin), Bachelor of Business Administration (BBA) and Bachelor of Accountancy (BAcc). Students will also undergo an assessment for certification at the end of the program. 

The MOU signing ceremony between University of Malaya and Citi Malaysia to officiate the partnership and to launch the first Anti Money Laundering (AML) and Financial Crime Compliance Program for the University’s Faculty of Business and Accountancy.

Head of Citigroup Transaction Services Malaysia, Gautam Abroal said today, “Citi is excited to partner with Universiti Malaya on this program offering to help meet the demand for qualified AML and compliance candidates within the industry. Building awareness on this important topic of Financial Crime helps protect the financial system and vulnerable sections of the society from bad actors.”

Dean, Faculty of Business and Accountancy UM, Professor Dr. Che Ruhana Isa hopes that this unique collaboration between the financial industry and academia will help to train and expose future graduates to this increasingly important field of expertise.

Citi employs today close to 5,000 employees. About 83% of this workforce comprises millennials.