Page 46 - EXIM-Bank_Annual-Report-2022

44 EXIM BANK MALAYSIA ANNUAL REPORT 2022

MANAGEMENT DISCUSSION AND ANALYSIS

To achieve the stable growth and sustainability of the Bank, three strategic thrust has been established as the key pillars of
EXIM Bank’s strategy preparation, namely Capturing Growth & Building Stability, Operational Excellence and Sustainability.
These three thrusts are expected to drive the Bank to enhance its mandate deliverable for FY2023. The key strategic thrusts
will be driven by ten priorities that will steer EXIM Bank to achieving its target for CSP 2023.

Capturing Growth & Operational Sustainability
Building Stability Excellence

• Accelerate business growth • Improve end-to-end processes • Sustainability culture
• Accelerate of Insurance/Takaful • Capacity building
business • Asset quality management
• Optimise Balance Sheet management • Framework
• Collaboration with other banks & DFIs • Cost management

Capturing Growth and Building Stability is highly relevant to the Bank’s current condition, whereby a stronger asset growth
is needed as the Bank aspires to do more for the Malaysian business venturing abroad, particularly the commercial and
SMEs segments. The Bank is also looking into addressing its efficiency in undertaking various processes in achieving Operational
Excellence for its services. As part of its long-term plan in serving the able Malaysian and facilitating the National agenda in
building a trading economy, the Bank is having its foresight in adopting Sustainability in its operation by introducing
frameworks to govern its deliverable including those frameworks that were introduced at national level, such Environment Social
Governance (ESG).

SPECIFIC DISCLOSuRE ON DEVELOPMENTAL PERFORMANCE
The Performance Management Framework (PMF) is an outcome-based management tool, which acts as a guide in developing
and evaluating the Bank’s performance in delivering its mandate. PMF’s key differentiator is its robustness, where it captures
the broader contributions of Development Financial Institutions (DFIs) beyond the narrow focus of financing growth indicators.
In particular, PMF integrates developmental key result indicators to measure the socio-economic impact of DFIs’ operations and
to create strong incentives for strategic alignment to achieve greater development impact.

The adoption of PMF is also intended to strengthen the capacity and capability beyond conventional financial indicators by
factoring in the socio-economic impact of the DFIs. The PMF would be centred on the principles of additionality with the following
main purposes:
• Sharpen DFIs’ focus towards delivering socio-economic outcomes and development; and
• Create a consistent and structured performance measurement approach across all DFIs.