KUALA LUMPUR, July 7 (Bernama) -- Alliance Bank Malaysia Bhd and Temasek Holdings Pte Ltd of Singapore on Wednesday co-hosted the sixth Asia Banking CEO Roundtable with the theme "Managing for the Future".

The event is Temasek's annual closed-door initiative to bring together chairmen and chief executive officers of major banks in the Asian region for a lively exchange on key issues and trends facing the banking industry.

The event is a platform for Asian banking stewards to share key learnings towards forging a deeper understanding of the opportunities and challenges Asian financial institutions face in a fast changing landscape.

It also provides opportunities for them to interact and network with their peers and counterparts in the region, Alliance Bank said in a statement today.

Chairman of Temasek, S.Dhanabalan said that the consolidation within the banking sector coupled with the new entrants had increased the competition in the existing markets and new business areas.

"The aftermath of the crisis has also changed the regulatory landscape in banking.

"Banks are operating under tighter supervision at a time when they are also trying to restore customers' trust. They will have to re-examine the way they operate and manage for the future," Dhanabalan said.

The one-day session saw the delegates discussing four major issues facing the region: The New Financial Landscape; Growth Strategies Post-Crisis; Expanding Beyond: Tapping Opportunities in Pan-Asian Banking; and Competing in the Global Market: Opportunities and Challenges for Islamic Finance.

-- BERNAMA