PIDM was established in 2005 to protect depositors as well as takaful and insurance policy owners and promote financial system stability. Twenty years on, as we mark our 20th anniversary, we reflect not only on how far we have come but on the strength of the foundations that have sustained confidence in our financial system. The year 2025 is also pivotal as it concludes our Corporate Plan 2023–2025, themed “Realising Readiness,” under which we strengthened capabilities across key areas and enhanced our agility to respond effectively in an increasingly dynamic environment.
Strengthen PIDM's intervention and resolution capabilities by enhancing internal readiness and ensuring key stakeholders are prepared to support effective crisis execution, supported by three KRAs.
Amplify PIDM's public awareness approach by leveraging the theme of financial literacy and optimising the usage of PIDM's digital communication channels to promote PIDM's roles as both a financial consumer protection and national resolution authority for PIDM's member institutions. Strategic Pillar 2 is supported by two KRAs.
Build a solid foundation for change by inculcating the fundamentals of a digital and sustainability culture among employees and to equip them with future-ready skills, using data analytics for better decision-making, re-engineering core operational processes and technological infrastructure, and modernising our system applications with strengthened security while maintaining strong governance and effective operations. Strategic Pillar 3 is supported by four KRAs.
In 2005, Malaysia strengthened its foundations for stability in two different yet quietly aligned ways. That year marked the establishment of Perbadanan Insurans Deposit Malaysia (PIDM), created to build public confidence while promoting the stability of the financial system. At the same time, beneath Kuala Lumpur, construction was underway on the SMART Tunnel, a major piece of national infrastructure designed to mitigate flash flooding while easing traffic congestion. At first glance, their mandates could not be more different.
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