Medan inks his signature on the plaque during the launch of the UTAP Transformation Journey, as other BPHB senior officers look on.
BINTULU: In an effort to enhance the culture of governance, risk
management and compliance (GRC) among its management team and staff, Bintulu
Port Holdings Berhad (BPHB) recently launched the ‘UTAP Transformation
event held at Bintulu Port Authority auditorium was attended by about 300
members of BPHB staff and management.
those attending the launch were BPHB board members Salihin Abang and Dato Sri
Mohamed Khalid Yusuf.
to BPHB Group chief executive officer Dato Mohammad Medan Abdullah, ‘utap’
means ‘shield’ in the Vaie, or the local Bintulu dialect, as it symbolises the
weapon used by local heroes as a defence against enemy attacks while in close
this context, the UTAP project is described as a shield that can protect the
company from a variety of threats that could adversely affect the company’s
viability,” Medan pointed out in his opening address.
said ‘the shield’ represented the three layers of defence – the first layer
being the managers as work process owners or risk owners; the second line being
the functions in management such as risk management; and the third defence is
the internal audit department.
stressed that this improvement and changes were necessary for the survival of
said UTAP was based on good governance that demanded a change in attitude and
governance is one of the variables for the achievement of the company’s vision
and mission, which was launched in February 2018,” he added.
Meanwhile Salihin, who is the BPHB Audit and Risk Committee
chairman, emphasised on the importance of achieving balance in the aspect of
environmental protection, social responsibility and profitability.
said in pursuit of earning profit for the company, one should not neglect
social responsibility and cause environmental pollution.
good governance is required so that the balance can be achieved,” he added.
this regard, Salihin stressed that good governance could be achieved should a
company is able to incorporate the GRC culture into its day-to-day tasks.
also emphasised the phrase ‘Do It Right – a slogan for the UTAP Transformation
he said the slogan meant that company employees would be able to cultivate the
right course of action, while correcting a common practice.
has appointed Ernst & Young Advisory Services Sdn Bhd as a consultant for
the UTAP Transformation Journey.
the launch, all staff and management personnel took part in the integrity
pledge led by BPHB Human Resources Management general manager Azmel Khan Asghar
Source: The Borneo Post