Health Blog

Tips | Recommendations | Reviews

Is Aya Healthcare Non Profit?

Is Aya Healthcare Non Profit
Description. Aya Healthcare is a private company with an estimated 8,344 employees.

Who owns Aya Health?

Alan Braynin – CEO – Aya Healthcare | LinkedIn. This button displays the currently selected search type.

Is AYA Bank private or public?

Business challenges – With more than 3.2 million customers and 265 branches, AYA Bank is the second largest private bank in Myanmar. The bank aims to enable financial growth and enrich the lives of its customers via comprehensive banking and finance services.

However, the bank had difficulty keeping pace with the banking sector’s constant digital transformation due to its massive, costly, and hard to scale on-premises IT landscape. The result was slow time to market, challenges in scaling features, and higher operating and maintenance costs. After upgrading its core Finastra banking application, the bank’s on-premises environment ran out of capacity to host the VMware Training Environment for the app.

The bank saw significant challenges in modernizing the legacy environment, including the cost, time, and effort needed to achieve continuous improvements with new features. AYA Bank also wanted the same level of security, control, and user experience as its on-premises VMware environment.

How big is Aya?

What is Aya Healthcare’s Revenue? – Aya Healthcare revenue is $566.0M annually. After extensive research and analysis, Zippia’s data science team found the following key financial metrics.

Aya Healthcare has 500 employees, and the revenue per employee ratio is $1,132,000. Aya Healthcare peak revenue was $566.0M in 2022.

Peak Revenue $566.0M (2022) Peak Revenue $566.0M (2022)

How popular is Aya?

1 out of every 5,099 baby girls born in 2021 are named Aya.

Who is the CEO of Aya?

Best leadership, large company: Aya Healthcare CEO Alan Braynin is the nation’s largest provider of health care staffing services and software. Its CEO, Alan Braynin, is the recipient of this year’s Top Workplaces leadership award in the large company category.

This is the second time Braynin has won a leadership award in the survey. The first time was in 2016. The company has nearly 50,000 health care professionals, such as clinicians, on assignment nationwide. During the first wave of the COVID-19 outbreak, Aya Healthcare dispatched about 3,000 intensive care unit nurses to hospitals in the New York and New Jersey areas.

With an expanding corporate headquarters in Sorrento Valley, the company boasts a staff of more than 5,000 employees in the U.S., which includes nearly 1,700 in the San Diego area. A UC San Diego graduate, Braynin has led the company since its founding in 2001.

This interview has been condensed for space and clarity. Q: What is your leadership philosophy? A: There are lots of companies out there focused on having 8 percent growth year-over-year and if they have a leader who can accomplish 8 percent growth, they say that person’s a superstar. But sometimes that person comes here and they may not be that good if they are fully responsible for a large part of an organization.

I recently started calling it the 200 percent leader vs. the 8 percent leader. Q: Why 200 percent? Where did you get that number? A: I just arbitrarily made it up. I think people sit around and meet about having 8 percent growth and that’s a banner year.

  • We don’t do that.
  • We don’t have 8 percent growth meetings.
  • The 200 percent number is arbitrary but it signifies that we’re always looking for a way to reinvent what we do and disrupt what worked the previous year.
  • So we’re really competing against ourselves.
  • I guess what we recognize is the kind of person that can be fully transformative is different than a pretty good leader in another organization.

Q: Does 200 percent imply that there are some different ways to measure growth; that it’s not just bottom-line growth? A: We’ve never sat around planning growth rates. There’s never been a meeting that I’m aware of where we said, “Oh, we want to grow this by this much.” It’s more like we say, “We have this problem and what’s the best way to solve it?” And the growth happened by itself.

There was no plan to grow by a specific number, it just happens. When you solve a problem, there’s an impact that solving the problem has. In the pandemic, different problems emerged that needed novel solutions. Just because you had a solution that worked for Problem A, it doesn’t mean that the same solution worked for Problem B.

And so as competitors tried to emulate what we were doing, we were already doing the next thing. Q: As CEO, I guess a big part of your job is to identify those leaders, right? A: Oftentimes, the way things are conveyed is that there is one big concept.

And if you can accomplish that one big concept, you have achieved your goal. I don’t really see it that way. I see it as, you have to do 57 things right — again, 57 is an arbitrary number — and it’s only when you do all of those things right that you reach the sufficient point where you can accomplish your goal.

So yes, it’s being able to always identify talent, but also it’s also being able to maximize the results from the talent you have. It’s being able to add resources when necessary. It’s the ability to take risks when necessary and challenge your own status quo.

Which country brand is Aya?

The Aya Group of Companies, commonly referred to as the Aya Group, is a business conglomerate based in Uganda.

What does VMS mean in healthcare?

MSP and VMS in Healthcare: What’s the Difference? – AHSA MSP/VMS With healthcare organizations experiencing faster-than-average employment growth and clinician unemployment rates at a low point, hiring managers are scrambling to recruit qualified clinicians to fill the gaps in their staff schedules.

  • Initially, they cover their needs through working directly with a select number of trusted staffing agencies.
  • However, as their temporary staffing needs grow, managing those gaps becomes more and more challenging.
  • As the number of staffing agencies used expands, inefficiencies begin to emerge.
  • Hiring managers find themselves handling multiple agencies under multiple contracts, with different bill rates and terms.

It becomes increasingly difficult to track the temporary staff on assignment, hours and overtime worked, and open positions to be filled, making it near impossible to project how much is being spent at any given time in comparison to the budget. As weekly invoices from multiple agencies trickle in, healthcare executives feel surprised and overwhelmed by their higher than anticipated spending and lack of control over contingent labor utilization.

It’s at that moment that healthcare executives may choose to implement a more streamlined, centralized model for the hiring of temporary staff. If you find yourself in this situation, you are not alone. In the healthcare industry, over two thirds of travel nurses are being hired through an MSP program or VMS technology.

The two solutions can be defined as follows: Vendor Management System (VMS) – A technology platform through which an organization’s contingent workforce program can be managed, either by the healthcare organization or an outsourced MSP program. The cloud-based technology includes functionality for open position management, candidate recruitment and profile management, credentialing, staffing agency pool selection and management, tracking and reporting, and consolidated invoicing.

The fees associated with a VMS are typically paid by staffing agencies for placements made. Managed Service Provider (MSP) – An outsourced program whereby the solution provider assumes primary responsibility for managing an organization’s contingent workforce program, including open position management, candidate recruitment and profile management, credentialing, staffing agency pool selection and management, tracking and reporting, and consolidated invoicing.

MSP programs typically utilize VMS technology and fees are paid by staffing agencies for placements made. Because MSP programs typically utilize a VMS technology, both solutions offer similar benefits. The difference is that MSP programs take responsibility for ensuring all temporary positions are filled and managing all interactions with the staffing agencies.

There are many factors to consider in determining whether an MSP can bring even greater strategic value to a contingent work program than simply adopting VMS technology. To learn more about which factors to consider, see article About AHSA

Founded in 2003, AHSA delivers healthcare workforce solutions to streamline and simplify the way healthcare organizations procure and manage supplemental staffing. As a vendor-neutral Managed Service Provider (MSP) utilizing our state-of-the-art, proprietary VMS technology, Trio, we significantly reduce temporary staffing expenditures, improve visibility and control, and reduce the risks associated with temporary staffing.

What does MSP stand for?

What Does MSP Stand For? – MSP stands for “managed service provider.” A managed service provider is a business that offers specialized outsourced services to other companies. While the term MSP can encompass a wide range of outsourced professions, most MSPs manage IT services.

What does VMS stand for in staffing?

VMS stands for Vendor Management Systems, software or online applications that facilitate the procurement of staffing services between employers and the staffing suppliers who match them with contingent labor. VMS systems usually feature supplier management, talent management, and SOW project sourcing and management.

Enterprise staffing firms are the most likely (but not only) businesses to conduct business through VMSes due to the high volume and lower margins for jobs placed through a VMS. They are traditionally used for temp staffing services but are occasionally used for permanent placements as well. Learn More about Bullhorn VMS A VMS integration is the software or functionality that enables a firm to streamline their VMS business through their applicant tracking system.

Firms use a VMS integration, also known as VMS automation, to automatically manage the VMS data instead of handling it manually. With VMS automation, firms can automatically load jobs directly into the ATS. As jobs enter ATS, the right recruiters are notified so that they can start working on each order immediately.

Who owns AYA Bank?

Executive Biographies Myanmar Founder and Chairman ( Non-Executive ) U Zaw Zaw is a successful business magnate and Founder and Chairman of AYA Bank. He is graduated from the University of Yangon with a major in Mathematics. With a combination of overseas experiences and personal strength, U Zaw Zaw founded Max Myanmar Company in 1993 and AYA Bank in 2010.

  • His achievements include steering the management and growth of AYA Financial Group and Max Myanmar Group of Companies, major conglomerates in Myanmar.
  • He is an established and well-connected entrepreneur and business leader in Myanmar, with 30 years of management experience.
  • He is currently serving as the President of the Myanmar Football Federation since 2005 and Vice- President of Asian Football Confederation (AFC).
See also:  Does United Healthcare Cover Pneumonia Vaccine?

He relentlessly provides both funding and effort for the development of soccer in Myanmar. As a firm believer of contributing to the society and helping the needy, he has supported various philanthropic causes through the Ayeyarwady Foundation, including the Yankin Children Hospital, Ayeyarwady Covid-19 Center, and a wide range of corporate social responsibility initiatives nationwide. Myanmar Executive Chairman Daw Khin Saw Oo, a veteran banker of over 40 years of experience in monetary and financial sector, is the Executive Chairman and a member of the Board of Directors of Ayeyarwady Bank (AYA Bank Ltd.). She held the position of Vice-Chairman since she joined the AYA Bank in 2018.

She is one of the driving forces of AYA Bank’s move towards a more accountable, responsible, and transparent organization. Her visionary leadership and zealous efforts resulted her in re-designation as the Executive Chairman of AYA Bank in May 2021. She was formerly, the Deputy Governor of the Central Bank of Myanmar and retired in July 2017.

She had the professional experience as a Technical Assistant to the Executive Director in the South-East Asia Voting Group Office, International Monetary Fund (IMF). She had the vast exposure to numerous ASEAN and International financial platforms during her Deputy-Governorship at the Central Bank of Myanmar. Myanmar Vice-Chairman ( Executive ) U Than Zaw is a member of the Board of Directors of AYA Bank and presently holds the position of Vice-Chairman. He was appointed as the Managing Director to AYA Bank from 2011 to 2013. During his tenure, he has led the fledging Bank to grow its brand and network in Myanmar.

  1. He also heads AYA Sompo Insurance as a Vice-Chairman.
  2. U Than Zaw’s vast experience includes eight-year tenure with the Olympics Committee as a Treasurer and another two years as the Chief Executive Officer of the Myanmar Football Federation.
  3. He is instrumental in strengthening systems and procedures by taking initiatives.

U Than Zaw has been giving the guidance at Board level regards to policies, practices to ensure the bank in full compliance with stipulated laws and regulations. Myanmar Vice-Chairman ( Non-Executive ) Daw Htay Htay Khaing has been the Co-Founder and Vice-Chairman of the Board of Directors since the Bank’s inception in 2010. Daw Htay Htay Khaing had completed a Bachelor of Science in Mathematics awarded by the University of Yangon. Myanmar Vice Chairman (Executive) Daw Khin Ma Ma is a member of the Board of Directors of AYA Bank since 2010 and presently holds the position of Vice-Chairman. She has been appointed as Deputy Managing Director in 2011, Executive Director in 2013 and currently re-appointed as Vice-Chairman in 2022 due to her strong commitment and constant demonstration on effectiveness of the Board and Bank’s strategic direction.

  • She obtained a bachelor’s degree in Science from University of Yangon.
  • Daw Khin Ma Ma brings along with her a wealth of cross- sector experience gained through her 17 years in the service industry.
  • With her passion for delivering quality service, she has improved services providing in all branches to a higher level.

She plays a pivotal role in human resources management, provides guidance for talent strategy, and leads in all aspects of human resources and talent management. Myanmar Chief Executive Officer (Executive) U Myint Zaw is a member of the Board of Directors of AYA Bank. He has been appointed as Managing Director in 2017, re-appointed as Senior Managing Director in 2021 and Chief Executive Officer in 2022 for his growth initiatives, leadership abilities, and managing the strategic direction of the Bank.

  • He graduated with B-Econ (Economics) and received a Master of Public Administration (MPA) as well.
  • He held various senior positions in Advertising and Marketing for well-established and reputable international and local companies in the private sector.
  • His professional background comes from over 25 years of working experience from different industries in Agriculture, Advertising, Commodity Future Market, Beverage and Soft Drink Industry, Telecommunications and Education.

Before joining AYA Bank, U Myint Zaw founded Professional Marketers Association (PMA) and developed Ground Solution Company that provided management and consultancy services. His strong knowledge of marketing and operations in theory and practice rendered invaluable service for the bank. Myanmar Independent Non-Executive Director Prof. Dr. Aung Tun Thet was appointed as Independent Non-Executive Director of AYA Bank in 2013, providing specialist advice in in areas of Corporate Governance, Management, Human Resource and Corporate Social Responsibility (CSR) activities.

  1. During his career, he built a wealth of working experience as a distinguished International and National Civil Servant in the United Nations as well as in Myanmar civil service.
  2. He is currently holding the portfolio as an advisor for the Government sector, business community and civil society organizations.

He also plays the role as a management consultant in areas of Management, Leadership, Human Resources, Organizational Development and Corporate Governance for various companies. He holds the position of Honorary Professor at University of British Columbia, Vancouver, Canada as well as Visiting Professor at Yangon University of Economics and Yangon University. Myanmar Independent Non-Executive Director U Min Sein was appointed as an Independent Non-Executive Director of AYA Bank in 2013. He is an accomplished lawyer who is an Advocate of the Supreme Court, a Certified Public Accountant and has been practicing law since 1972.

  • He is the Managing Partner of U Min Sein Law Firm (Yangon), a member of Asia Law Alliance, in association with Christopher Bridges (Singapore).
  • Within his illustrious Curriculum Vitae, he has served as legal advisor to the Embassies, Corporates and Multinational Companies in various industries.
  • As part of his contribution to the society, U Min Sein served as a lecturer in Commercial Law at the Auditor General’s Office for twenty years and lecturer in Commercial law to Certified Public Accountant (CPA).

He is a Founding Member and Management Committee Member of U Hla Tun Hospice, Cancer Foundation, a charitable organization in Yangon. He demonstrates high sense of duty and responsibility and serves in various capacities of the law across all functional areas at AYA Bank. Myanmar Independent Non-Executive Director U Tun Lin Oo was appointed as an Independent Non-Executive Director (INED) of AYA Bank in 2022. He is a Certified Public Accountant (CPA) and obtained a bachelor’s degree in Commerce from Yangon Institute of Economics.

  • Having twenty years of professional experience in the auditing field, he brings a strong financial service background and extensive auditing experience to the Board.
  • He is skilled in outlining risk assessments and evaluating potential compliance issues.
  • U Tun Lin Oo has more than ten years of leadership experience with proven records of strong financial and business backgrounds.

As an engagement partner of MAT, an audit and professional consultant firm, he outperformed in business dealings and audit programs. He has extended his knowledge of academia in educational programs and also act as the principal and senior lecturer of Accounting, Cost and Management Accounting subjects. Myanmar Managing Director (Corporate Business) Daw Jasmine Thazin Aung is the Managing Director – Head of Corporate Banking of AYA Bank and Chief Executive Director of Max Global Investment. In her capacity with AYA Bank, she takes charge of Corporate Banking Business and Financial Institutions establishment.

She is a member of the Executive Committee of AYA Bank. In addition to her MD – Head of Corporate Banking role, she also co-heads and takes several roles with AYA Financial Group (“AFG”). With AFG, she takes charge of AYA Trust Securities Co., Ltd as the Managing Director for Capital Market Activities including securities brokerage and Corporate Finance Transactions, and she is also the member of the Board of Directors of AYA Sompo Insurance Co., Ltd.

From her capacity with Corporate Finance activities, she oversees and monitors diversified investment portfolios that includes existing, on-going, and new business ventures of Chairman’s investment office as well new Mergers and Acquisitions, Joint Ventures with Potential Partners for AYA Financial Group’s entities and/or investment in new ventures.

She holds a master’s degree in Business Administration (Corporate Finance) from Nottingham Trent University. Before joining AYA Financial Group and Max Global Investment, she was a PwC Advisory Partner and local Lead Director/Partner for PwC Myanmar. She has over 16 years of professional experiences including 11.5 years with PwC Singapore and PwC Myanmar for audit, financial advisory and consulting and 5 years in the Maritime service industry in Myanmar.

Myanmar Managing Director (Digital Banking) U Nyein Chan Soe Win is the Managing Director for ‘Digital Banking’ of AYA Bank and is a member of the Bank’s Executive Committee. He is responsible for managing the roadmap and defining the customer experience for Digital channels where he plays a visible role of driving and delivering the Bank’s digital payments agenda.

Over the years, he has been the main strategic driver for digital wallet application namely ‘AYA Pay’. He leads and runs the digital innovation across the bank with an aspiration to propel AYA in becoming a premier digital bank. He has strong leadership, management and business development skills with solid experiences in start-ups, entrepreneurship, payments, FinTech, emerging market, e-commerce and IT service management.

U Nyein Chan Soe Win holds a master’s degree from Nanyang Technology University. Prior to joining AYA Bank, he played the role of IT professional in Singapore for one of the world’s leading energy company and advanced his career as a Managing Director of Singapore based regional payment company where he transformed digital payments in Myanmar, remarkably enablement of digital payments, launch of first virtual prepaid card and the launch of first mobile banking with QR payment.

  1. He also co-founded the first blockchain Omni Channel Digital Commerce Platform in Myanmar and became CEO and CTO.
  2. Myanmar Managing Director (Governance, Risk Management and Compliance) U Ko Ko Oo, co-chairperson of Board Risk and Compliance Committee, has been appointed as Managing Director of Governance, Risk Management and Compliance in 2022 for his strong strategic skills as well as effective implementation for risk, compliance and governance.

He joined AYA Bank in 2010 since its inception and had taken various positions and responsibilities. He became Deputy Managing Director in 2014 and has been appointed as Senior Chief Risk and Compliance Officer in 2018. He studied Master of Public Administration and brought in his expertise of Strategic Studies and International relations.

  • He has developed and implemented the Risk and Compliance Management System for the bank business and support functions.
  • He is managing all aspects of risk to the organization, employees, clients, reputation, assets, and interests of stakeholders.
  • U Ko Ko Oo possesses a powerful commitment to his task.

Besides his present responsibility, he cooperatively managed the Bank’s administrative matters and Bank Branches Network for new branch opening across Myanmar. Myanmar Managing Director (Banking Operations and Retail Banking) U Minn Wint Oo is the Managing Director for “Banking Operations and Retail Banking” of AYA Bank and came on board in 2011.

See also:  How To Get Into Healthcare Administration With No Experience?

He is a member of the Executive Committee, Asset-Liability Committee, Credit Committee, Product and Business Development Committee, and IT and Digitalization Steering Committee. As the Managing Director of Banking Operations and Retail Banking, he is responsible for daily banking operations, ensuring efficiency of the Bank, necessary to support the business objectives, leading more than 4500 employees who deliver banking services to clients across AYA Bank’s 265 branches in the country.

He also oversees the teams handling centralized operations, currency operations as well as branch operations systems support, and retail banking. During his early tenure at AYA, he held the post as Chief Technology Officer, the strategic founder and executive decision maker with regards to the technological advances of AYA Bank.

  1. He was the main driving force for the bank’s whole IT systems and infrastructure, including, but not limited to, Data Centers, Network Architecture, Software Development, and Information Security.
  2. He is responsible for outlining the bank’s technological vision, implementing technological strategies, developing policy and procedures, and ensuring that the technological resources are aligned with business goals.

He graduated from Yangon Technological University and continued specialization in IT industry. Along with strong technical knowledge and expertise in banking, he is the right talent to take the bank to its next level. He is the core person in driving and reinforcing digital transformation of the bank, integrating digital technology into all areas of the bank, optimizing operations and value delivery to customers.

With his technological background as an added advantage, he is able to take AYA Bank to the next level of Banking for the ever-changing customer centric economic environment. Myanmar Chief Financial Officer Daw Lwin Lwin Aung is the Chief Financial Officer of AYA Bank and is the member of the Bank’s Executive Committee.

In her capacity as Chief Financial Officer, she is responsible for the overall financial management of the Bank including financial reporting, budgetary control and performance monitoring, statutory audit, implementation of International Financial Reporting Standards (IFRS) and strategy implementation while working closely with senior management.

  1. She leads the Finance & Accounts Team and works closely with Treasury Team in Financial and Treasury related functions respectively.
  2. Prior to that, she was a Chief Financial Officer of a SGX Listed Company in Singapore and played a key role in Group’s Financial Affairs that includes Financial Planning & Reporting, compliance with SGX regulations, Internal Control & Risk Management, Fund raising including ordinary & preference share issuance, Merger and Acquisition and Investor Relations.

She also held other roles in Senior Finance positions in Singapore. In addition to typical Finance related expertise, her expertise covers Business Valuation, Merger & Acquisition, Financial Due Diligence, Initial Public Offering (IPO) and Investment and Divestment activities.

  • She holds a Master’s degree in Business Administration from Nanyang Technological University (Singapore), a professional qualification from Association of Chartered Certified Accountants (UK) and a Bachelor of Arts in English.
  • She is also a member of the Institute of Singapore Chartered Accountants (CA Singapore).

Myanmar Chief Credit Officer U Nay Lin Htut is the Chief Credit Officer of AYA Bank and a member of the Bank’s Executive Committee. He has been with the Bank for more than 9 years. In his current role, he is responsible for credit underwriting, assessment, administration, monitoring, recovery, and reporting activities of all credit portfolio of the Bank.

  • He is also the member of the Credit Committee, and Assets and Liability Committee.
  • Prior to his role in Credit, he spent 8 years in Corporate Banking Unit, heading Domestic Corporate Banking Department and subsequently assigned as a Deputy Head of Corporate Banking Unit whereby he was responsible for the management of the corporate client’s business portfolio which involves profitable partnerships, improving credit quality of the portfolio and developing transactional business through enhanced service experiences.

In this role, he has extensive experience to accommodate corporate customers’ business needs and banking needs, specialized in corporate lending and thoroughly familiar with credit assessment under various industries including infrastructure financing.

He is one of the pioneer members of Credit Bureau Business Committee and Myanmar Credit Bureau (MMCB) since 2019 and was instrumental in setting up system readiness, pricing mechanism and reporting format. U Nay Lin Htut holds a bachelor’s degree in Business Management (Finance) from RMIT (Royal Melbourne Institute of Technology) University in 2012 and completed his Chartered Financial Analyst (CFA) Level 1 in 2019.

: Executive Biographies

Is Arab Bank public or private?

Arab Bank is a publicly held shareholding company listed on the Amman Stock Exchange.

Who owns private bank?

Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the ‘entirety of the bank’s assets’ as well as the entirety of the sole-proprietor’s/general-partners’ assets.

What does Aya do?

We’re the Largest Healthcare Staffing Provider in the United States – We help clinicians live their best lives and help healthcare facilities do their best work. We’re here to make that as simple and easy as possible.

Who owns Aya Bank?

Executive Biographies Myanmar Founder and Chairman ( Non-Executive ) U Zaw Zaw is a successful business magnate and Founder and Chairman of AYA Bank. He is graduated from the University of Yangon with a major in Mathematics. With a combination of overseas experiences and personal strength, U Zaw Zaw founded Max Myanmar Company in 1993 and AYA Bank in 2010.

  • His achievements include steering the management and growth of AYA Financial Group and Max Myanmar Group of Companies, major conglomerates in Myanmar.
  • He is an established and well-connected entrepreneur and business leader in Myanmar, with 30 years of management experience.
  • He is currently serving as the President of the Myanmar Football Federation since 2005 and Vice- President of Asian Football Confederation (AFC).

He relentlessly provides both funding and effort for the development of soccer in Myanmar. As a firm believer of contributing to the society and helping the needy, he has supported various philanthropic causes through the Ayeyarwady Foundation, including the Yankin Children Hospital, Ayeyarwady Covid-19 Center, and a wide range of corporate social responsibility initiatives nationwide. Myanmar Executive Chairman Daw Khin Saw Oo, a veteran banker of over 40 years of experience in monetary and financial sector, is the Executive Chairman and a member of the Board of Directors of Ayeyarwady Bank (AYA Bank Ltd.). She held the position of Vice-Chairman since she joined the AYA Bank in 2018.

She is one of the driving forces of AYA Bank’s move towards a more accountable, responsible, and transparent organization. Her visionary leadership and zealous efforts resulted her in re-designation as the Executive Chairman of AYA Bank in May 2021. She was formerly, the Deputy Governor of the Central Bank of Myanmar and retired in July 2017.

She had the professional experience as a Technical Assistant to the Executive Director in the South-East Asia Voting Group Office, International Monetary Fund (IMF). She had the vast exposure to numerous ASEAN and International financial platforms during her Deputy-Governorship at the Central Bank of Myanmar. Myanmar Vice-Chairman ( Executive ) U Than Zaw is a member of the Board of Directors of AYA Bank and presently holds the position of Vice-Chairman. He was appointed as the Managing Director to AYA Bank from 2011 to 2013. During his tenure, he has led the fledging Bank to grow its brand and network in Myanmar.

He also heads AYA Sompo Insurance as a Vice-Chairman. U Than Zaw’s vast experience includes eight-year tenure with the Olympics Committee as a Treasurer and another two years as the Chief Executive Officer of the Myanmar Football Federation. He is instrumental in strengthening systems and procedures by taking initiatives.

U Than Zaw has been giving the guidance at Board level regards to policies, practices to ensure the bank in full compliance with stipulated laws and regulations. Myanmar Vice-Chairman ( Non-Executive ) Daw Htay Htay Khaing has been the Co-Founder and Vice-Chairman of the Board of Directors since the Bank’s inception in 2010. Daw Htay Htay Khaing had completed a Bachelor of Science in Mathematics awarded by the University of Yangon. Myanmar Vice Chairman (Executive) Daw Khin Ma Ma is a member of the Board of Directors of AYA Bank since 2010 and presently holds the position of Vice-Chairman. She has been appointed as Deputy Managing Director in 2011, Executive Director in 2013 and currently re-appointed as Vice-Chairman in 2022 due to her strong commitment and constant demonstration on effectiveness of the Board and Bank’s strategic direction.

She obtained a bachelor’s degree in Science from University of Yangon. Daw Khin Ma Ma brings along with her a wealth of cross- sector experience gained through her 17 years in the service industry. With her passion for delivering quality service, she has improved services providing in all branches to a higher level.

She plays a pivotal role in human resources management, provides guidance for talent strategy, and leads in all aspects of human resources and talent management. Myanmar Chief Executive Officer (Executive) U Myint Zaw is a member of the Board of Directors of AYA Bank. He has been appointed as Managing Director in 2017, re-appointed as Senior Managing Director in 2021 and Chief Executive Officer in 2022 for his growth initiatives, leadership abilities, and managing the strategic direction of the Bank.

He graduated with B-Econ (Economics) and received a Master of Public Administration (MPA) as well. He held various senior positions in Advertising and Marketing for well-established and reputable international and local companies in the private sector. His professional background comes from over 25 years of working experience from different industries in Agriculture, Advertising, Commodity Future Market, Beverage and Soft Drink Industry, Telecommunications and Education.

Before joining AYA Bank, U Myint Zaw founded Professional Marketers Association (PMA) and developed Ground Solution Company that provided management and consultancy services. His strong knowledge of marketing and operations in theory and practice rendered invaluable service for the bank. Myanmar Independent Non-Executive Director Prof. Dr. Aung Tun Thet was appointed as Independent Non-Executive Director of AYA Bank in 2013, providing specialist advice in in areas of Corporate Governance, Management, Human Resource and Corporate Social Responsibility (CSR) activities.

During his career, he built a wealth of working experience as a distinguished International and National Civil Servant in the United Nations as well as in Myanmar civil service. He is currently holding the portfolio as an advisor for the Government sector, business community and civil society organizations.

He also plays the role as a management consultant in areas of Management, Leadership, Human Resources, Organizational Development and Corporate Governance for various companies. He holds the position of Honorary Professor at University of British Columbia, Vancouver, Canada as well as Visiting Professor at Yangon University of Economics and Yangon University. Myanmar Independent Non-Executive Director U Min Sein was appointed as an Independent Non-Executive Director of AYA Bank in 2013. He is an accomplished lawyer who is an Advocate of the Supreme Court, a Certified Public Accountant and has been practicing law since 1972.

He is the Managing Partner of U Min Sein Law Firm (Yangon), a member of Asia Law Alliance, in association with Christopher Bridges (Singapore). Within his illustrious Curriculum Vitae, he has served as legal advisor to the Embassies, Corporates and Multinational Companies in various industries. As part of his contribution to the society, U Min Sein served as a lecturer in Commercial Law at the Auditor General’s Office for twenty years and lecturer in Commercial law to Certified Public Accountant (CPA).

He is a Founding Member and Management Committee Member of U Hla Tun Hospice, Cancer Foundation, a charitable organization in Yangon. He demonstrates high sense of duty and responsibility and serves in various capacities of the law across all functional areas at AYA Bank. Myanmar Independent Non-Executive Director U Tun Lin Oo was appointed as an Independent Non-Executive Director (INED) of AYA Bank in 2022. He is a Certified Public Accountant (CPA) and obtained a bachelor’s degree in Commerce from Yangon Institute of Economics.

Having twenty years of professional experience in the auditing field, he brings a strong financial service background and extensive auditing experience to the Board. He is skilled in outlining risk assessments and evaluating potential compliance issues. U Tun Lin Oo has more than ten years of leadership experience with proven records of strong financial and business backgrounds.

As an engagement partner of MAT, an audit and professional consultant firm, he outperformed in business dealings and audit programs. He has extended his knowledge of academia in educational programs and also act as the principal and senior lecturer of Accounting, Cost and Management Accounting subjects. Myanmar Managing Director (Corporate Business) Daw Jasmine Thazin Aung is the Managing Director – Head of Corporate Banking of AYA Bank and Chief Executive Director of Max Global Investment. In her capacity with AYA Bank, she takes charge of Corporate Banking Business and Financial Institutions establishment.

She is a member of the Executive Committee of AYA Bank. In addition to her MD – Head of Corporate Banking role, she also co-heads and takes several roles with AYA Financial Group (“AFG”). With AFG, she takes charge of AYA Trust Securities Co., Ltd as the Managing Director for Capital Market Activities including securities brokerage and Corporate Finance Transactions, and she is also the member of the Board of Directors of AYA Sompo Insurance Co., Ltd.

From her capacity with Corporate Finance activities, she oversees and monitors diversified investment portfolios that includes existing, on-going, and new business ventures of Chairman’s investment office as well new Mergers and Acquisitions, Joint Ventures with Potential Partners for AYA Financial Group’s entities and/or investment in new ventures.

  1. She holds a master’s degree in Business Administration (Corporate Finance) from Nottingham Trent University.
  2. Before joining AYA Financial Group and Max Global Investment, she was a PwC Advisory Partner and local Lead Director/Partner for PwC Myanmar.
  3. She has over 16 years of professional experiences including 11.5 years with PwC Singapore and PwC Myanmar for audit, financial advisory and consulting and 5 years in the Maritime service industry in Myanmar.
See also:  What Is A Ccd In Healthcare?

Myanmar Managing Director (Digital Banking) U Nyein Chan Soe Win is the Managing Director for ‘Digital Banking’ of AYA Bank and is a member of the Bank’s Executive Committee. He is responsible for managing the roadmap and defining the customer experience for Digital channels where he plays a visible role of driving and delivering the Bank’s digital payments agenda.

Over the years, he has been the main strategic driver for digital wallet application namely ‘AYA Pay’. He leads and runs the digital innovation across the bank with an aspiration to propel AYA in becoming a premier digital bank. He has strong leadership, management and business development skills with solid experiences in start-ups, entrepreneurship, payments, FinTech, emerging market, e-commerce and IT service management.

U Nyein Chan Soe Win holds a master’s degree from Nanyang Technology University. Prior to joining AYA Bank, he played the role of IT professional in Singapore for one of the world’s leading energy company and advanced his career as a Managing Director of Singapore based regional payment company where he transformed digital payments in Myanmar, remarkably enablement of digital payments, launch of first virtual prepaid card and the launch of first mobile banking with QR payment.

He also co-founded the first blockchain Omni Channel Digital Commerce Platform in Myanmar and became CEO and CTO. Myanmar Managing Director (Governance, Risk Management and Compliance) U Ko Ko Oo, co-chairperson of Board Risk and Compliance Committee, has been appointed as Managing Director of Governance, Risk Management and Compliance in 2022 for his strong strategic skills as well as effective implementation for risk, compliance and governance.

He joined AYA Bank in 2010 since its inception and had taken various positions and responsibilities. He became Deputy Managing Director in 2014 and has been appointed as Senior Chief Risk and Compliance Officer in 2018. He studied Master of Public Administration and brought in his expertise of Strategic Studies and International relations.

  1. He has developed and implemented the Risk and Compliance Management System for the bank business and support functions.
  2. He is managing all aspects of risk to the organization, employees, clients, reputation, assets, and interests of stakeholders.
  3. U Ko Ko Oo possesses a powerful commitment to his task.

Besides his present responsibility, he cooperatively managed the Bank’s administrative matters and Bank Branches Network for new branch opening across Myanmar. Myanmar Managing Director (Banking Operations and Retail Banking) U Minn Wint Oo is the Managing Director for “Banking Operations and Retail Banking” of AYA Bank and came on board in 2011.

  • He is a member of the Executive Committee, Asset-Liability Committee, Credit Committee, Product and Business Development Committee, and IT and Digitalization Steering Committee.
  • As the Managing Director of Banking Operations and Retail Banking, he is responsible for daily banking operations, ensuring efficiency of the Bank, necessary to support the business objectives, leading more than 4500 employees who deliver banking services to clients across AYA Bank’s 265 branches in the country.

He also oversees the teams handling centralized operations, currency operations as well as branch operations systems support, and retail banking. During his early tenure at AYA, he held the post as Chief Technology Officer, the strategic founder and executive decision maker with regards to the technological advances of AYA Bank.

  • He was the main driving force for the bank’s whole IT systems and infrastructure, including, but not limited to, Data Centers, Network Architecture, Software Development, and Information Security.
  • He is responsible for outlining the bank’s technological vision, implementing technological strategies, developing policy and procedures, and ensuring that the technological resources are aligned with business goals.

He graduated from Yangon Technological University and continued specialization in IT industry. Along with strong technical knowledge and expertise in banking, he is the right talent to take the bank to its next level. He is the core person in driving and reinforcing digital transformation of the bank, integrating digital technology into all areas of the bank, optimizing operations and value delivery to customers.

  1. With his technological background as an added advantage, he is able to take AYA Bank to the next level of Banking for the ever-changing customer centric economic environment.
  2. Myanmar Chief Financial Officer Daw Lwin Lwin Aung is the Chief Financial Officer of AYA Bank and is the member of the Bank’s Executive Committee.

In her capacity as Chief Financial Officer, she is responsible for the overall financial management of the Bank including financial reporting, budgetary control and performance monitoring, statutory audit, implementation of International Financial Reporting Standards (IFRS) and strategy implementation while working closely with senior management.

  • She leads the Finance & Accounts Team and works closely with Treasury Team in Financial and Treasury related functions respectively.
  • Prior to that, she was a Chief Financial Officer of a SGX Listed Company in Singapore and played a key role in Group’s Financial Affairs that includes Financial Planning & Reporting, compliance with SGX regulations, Internal Control & Risk Management, Fund raising including ordinary & preference share issuance, Merger and Acquisition and Investor Relations.

She also held other roles in Senior Finance positions in Singapore. In addition to typical Finance related expertise, her expertise covers Business Valuation, Merger & Acquisition, Financial Due Diligence, Initial Public Offering (IPO) and Investment and Divestment activities.

She holds a Master’s degree in Business Administration from Nanyang Technological University (Singapore), a professional qualification from Association of Chartered Certified Accountants (UK) and a Bachelor of Arts in English. She is also a member of the Institute of Singapore Chartered Accountants (CA Singapore).

Myanmar Chief Credit Officer U Nay Lin Htut is the Chief Credit Officer of AYA Bank and a member of the Bank’s Executive Committee. He has been with the Bank for more than 9 years. In his current role, he is responsible for credit underwriting, assessment, administration, monitoring, recovery, and reporting activities of all credit portfolio of the Bank.

He is also the member of the Credit Committee, and Assets and Liability Committee. Prior to his role in Credit, he spent 8 years in Corporate Banking Unit, heading Domestic Corporate Banking Department and subsequently assigned as a Deputy Head of Corporate Banking Unit whereby he was responsible for the management of the corporate client’s business portfolio which involves profitable partnerships, improving credit quality of the portfolio and developing transactional business through enhanced service experiences.

In this role, he has extensive experience to accommodate corporate customers’ business needs and banking needs, specialized in corporate lending and thoroughly familiar with credit assessment under various industries including infrastructure financing.

  1. He is one of the pioneer members of Credit Bureau Business Committee and Myanmar Credit Bureau (MMCB) since 2019 and was instrumental in setting up system readiness, pricing mechanism and reporting format.
  2. U Nay Lin Htut holds a bachelor’s degree in Business Management (Finance) from RMIT (Royal Melbourne Institute of Technology) University in 2012 and completed his Chartered Financial Analyst (CFA) Level 1 in 2019.

: Executive Biographies

Adblock
detector