PNB to spend RM200mil on digital blueprint
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) is spending RM200 million as part of its five-year information technology (IT) blueprint moving forward, said its president and group chief executive officer Ahmad Zulqarnain Onn.
The blueprint, which was first unveiled in May 2020, aims to utilise digital technology as a key enabler to strengthen efficiencies, supporting the establishment of an optimal structure and key performance indicators (KPIs), aligned with the objectives of the organisation to drive performance.
“The five-year digital blueprint is something that we have been focusing on.
“It is all encompassing both in terms of upgrading and improving our systems – both internal systems, how we do business internally, and upgrading systems that touch the customers, among others,” he said during an interview with the New Straits Times Press Group recently.
Zulqarnain said most notably, the group had on Thursday launched the Minggu Saham Digital (MSD), a digital adaptation of Minggu Saham Amanah Malaysia (MSAM).
He said MSD continued MSAM’s objective to educate and enhance public understanding on savings and investment in an edutainment format, whilseshowcasing PNB’s portfolio of companies and their business operations.
MSD is a seven-day virtual event which features an edutainment format on Facebook and Youtube, where viewers can expect programmes on finance, investment, entrepreneurship and the economy, such as Cikgu CEO, Makan Dulu, Sembang-Sembang ASNB and ASB-Iclif MBA Masterclass Series.
PNB’s digital transformation journey has progressively introduced services aimed at enhancing its unit holders’ experience, including online transactions via the myASNB portal and mobile application.
On one of its latest digital offerings, Raiz, a micro investing mobile application which was launched in June this year, Zulqarnain said the group had seen 110,000 sign ups as of Novermber 16.
He said out of this, 23,000 were active accounts with investment of up to RM5 million.
He said with the digital value proposition, the group saw the potential for Raiz to be the gateway for anyone keen to start investing, which has always been the core DNA of the group.
“Through Raiz, PNB is making it even more effortless for all Malaysians to begin the saving habit,” he said.
Raiz rounds up a user’s virtual spare change from everyday purchases and invests it into ASNB’s variable price funds based on personalised investment portfolios.
It is a unique way for users to make the most of every cent being spent, the residual of which can be saved and invested.
Apart from this round-up investment, users can also choose to invest using lump-sum investments as well as recurring investments.
Source: NST