Following our 26 July 2021 announcement on AICB’s new professional education and membership framework, “Update On AICB’s New Professional Education and Membership Framework”, we are pleased to share an overview of the transition guidelines for the new Chartered Banker (CB) Curriculum and Membership Framework (CB Framework).
A. Membership and Qualification Transition Pathways to Becoming a Chartered Banker via the New CB Framework
Under the new CB Framework, the pathways to becoming a Chartered Banker differ according to the following categories:
Select from the four categories below to view the transition pathways applicable to you.
A. Membership and Qualification Transition Pathways
CURRENT FRAMEWORK | New CB Framework | |||||||
|---|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | |||||||
Affiliate | Associate Chartered Banker | Chartered Banker | ||||||
Level 1 FOUNDATION | Level 2 SPECIALIST | Level 3 CHARTERED BANKER | ||||||
Membership Progression | Qualifications | Status | ||||||
AFFILIATE MEMBER | Level 1
| Not Completed | ✓ 1 Module | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 5 | |
ASSOCIATE MEMBER | Level 2
| Not Completed | N/A | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 4 | |
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Not Completed Qualifications Under the Current Framework (Levels 1 and 2)
Members are required to complete their current qualifications before the last examination sitting, failing which the modules under the current framework will cease to be offered. Members will then be required to apply for modules under the new CB Framework. For clarity, please refer to Tables 2 and 3 respectively:
Level 1
Current Qualification | Last Examination Sitting | New Qualification and Module to Complete in the New CB Framework |
|---|---|---|
Executive Banker (EB) | December 2021 | Choose 1 of the following qualifications from Level 1 Foundation:
|
Certified Credit Executive (CCE) | December 2023 | |
Certified Anti-Money Laundering & Counter Financing of Terrorism Executive (CAMEX) | December 2023 | |
Certification in AML/CFT (CAML) | November 2022 | |
Certification in Regulatory Compliance (CRC) | November 2022 |
Table 2: Qualification Transition Pathways for Members Who Have Not Completed Qualifications under Level 1 of the Current Framework
Upon completion of a Level 1 qualification, Affiliate members may then progress to Level 2 of the new CB Framework and complete:
Level 2
Current Qualification | Last Examination Sitting | New Qualification | New Qualification and Modules to Complete in the New CB Framework |
|---|---|---|---|
Professional Banker (PB) | December 2023 | Any Specialist Qualification |
AND
|
Business Credit Professional (BCP) | December 2023 | Specialist Certificate in Bank Business Credit (SCBBC) |
AND
|
Retail Credit Professional (RCP) | December 2023 | Specialist Certificate in Bank Retail Credit (SCBRC) |
AND
|
Bank Risk Management (BRM) | December 2023 | Specialist Certificate in Bank Risk (SCBKR) |
AND
|
Certification for Bank Auditors (CBA) | December 2023 | Specialist Certificate in Bank Audit (SCBKA) |
AND
|
Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) | December 2023 | Specialist Certificate in Anti Money Laundering/Counter Financing of Terrorism (SCAML) |
AND
|
Advanced Certification in Anti-Money Laundering and Counter Financing of Terrorism (ACAML) | April 2023 | Specialist Certificate in Anti Money Laundering and Counter Financing of Terrorism (SCAML) |
AND
|
Advanced Certification in Regulatory Compliance (ACRC) | April 2023 | Specialist Certificate in Regulatory Compliance (SCRC) |
AND
|
Table 3: Qualification Transition Pathways for Members Who Have Not Completed Qualifications under Level 2 of the Current Framework
Upon completion of a Level 2 qualification, members may then progress to Level 3 of the new CB Framework to complete 2 of the 3 modules offered, subject to the terms and conditions.
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Affiliate Member | Upon completion of a Level 1 qualification |
Upon completion of a Level 2 qualification, members will be eligible to use the ACB professional designation | |
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and be eligible to use the Chartered Banker designation. |
Table 4: Membership Progression
C. Option to Transition to the New CB Framework Before the Last Examination Sitting of Qualifications in the Current Framework
Members may opt to withdraw from their current qualifications before the last examination sitting by completing and submitting the Cancellation Request form to enquiries@aicb.org.my. Upon approval, members may enrol for a new qualification in the equivalent level under the new CB Framework.
Note: The information provided above is correct as of the publication date.
A. Membership and Qualification Transition Pathways
CURRENT FRAMEWORK | New CB Framework | |||||||
|---|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | |||||||
Affiliate | Associate Chartered Banker | Chartered Banker | ||||||
Level 1 FOUNDATION | Level 2 | Level 3 | ||||||
Membership Designation | Qualification | Status | ||||||
CHARTERED BANKER | Level 3: Chartered Banker | Completed PER module | N/A | N/A | N/A | ✓ 2 Modules | 2 | |
Completed 1 module without PER | N/A | ✓ 1 Module | N/A | ✓ 1 Module | 2 | |||
Completed 2 modules with PER | N/A | N/A | N/A | ✓ 1 Module | 1 | |||
Completed 2 modules without PER | N/A | ✓ 1 Module | N/A | N/A | 1 | |||
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Not Completed Level 3: Chartered Banker Under the Current Framework
Members are required to complete the current Chartered Banker qualification before the last examination sitting, failing which the modules under the current framework will cease to be offered. Members will then be required to apply for modules under the new CB Framework.
The 3 new modules available under Level 3 of the new CB Framework are:
No. | Applicable To | Modules to Complete in the New CB Framework |
|---|---|---|
1 | Members who have:
|
|
2 | Members who have:
|
|
3 | Members who have:
|
|
4 | Members who have:
| |
5 | Members who have:
|
|
6 | Members who have:
| |
7 | Members who have:
|
|
8 | Members who have NOT completed any modules under the current framework. |
|
Table 2: Guidelines on Module Selection for Members Who Have Not Completed Level 3: Chartered Banker Under the Current Framework
Notes
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and will be eligible to use the CB designation. |
Table 3: Membership Progression
C. Option to Transition to the New CB Framework Before the Last Examination Sitting of Qualifications in the Current Framework
Members may opt to withdraw from their current qualifications before the last examination sitting by completing and submitting the Cancellation Request form to enquiries@aicb.org.my. Upon approval, members may enrol for a new qualification in the equivalent level under the new CB Framework.
Note: The information provided above is correct as of the publication date.
A. Membership and Qualification Transition Pathways
CURRENT FRAMEWORK | New CB Framework | |||||||
|---|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | |||||||
Affiliate | Associate Chartered Banker | Chartered Banker | ||||||
Level 1 FOUNDATION | Level 2 | Level 3 | ||||||
Membership Progression | Qualifications | Status | ||||||
AFFILIATE MEMBER | Level 1
| Completed | N/A | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 4 | |
ASSOCIATE MEMBER | Level 2
| Completed | N/A | ✓ 1 Module | N/A | ✓ 2 Modules | 3 | |
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Completed Qualifications Under the Current Framework (Levels 1 and 2)
Affiliate members who have completed a Level 1 qualification in the current framework may progress to Level 2 of the new CB Framework and complete:
Upon completion of a Level 2 qualification, members may then progress to Level 3 of the new CB Framework to complete 2 of the 3 modules offered, subject to the terms and conditions.
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Affiliate Member | Upon completion of a Level 1 qualification |
Upon completion of a Level 2 qualification, members will be eligible to use the ACB professional designation. | |
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and will be eligible to use the Chartered Banker designation. |
Table 2: Membership Progression
Note: The information provided above is correct as of the publication date.
A. Membership and Qualification Transition Pathways
PREVIOUS FRAMEWORK | New CB Framework | ||||||
|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | ||||||
Affiliate | Associate Chartered Banker | Chartered Banker | |||||
Level 1 FOUNDATION | Level 2 | Level 3 | |||||
Qualifications | Status | ||||||
Level 1
| Completed | N/A | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 4 | |
Level 2
| Completed | N/A | ✓ 1 Module | N/A | ✓ 2 Modules | 3 | |
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Completed Qualifications Under the Previous Framework (IBBM) (Levels 1 and 2)
Members who have completed a Level 1 qualification in the previous framework may progress to Level 2 of the new CB Framework and complete:
Members who have completed any of the qualifications in Level 2 of the previous framework must complete the PET module (compulsory).
Upon completion of a Level 2 qualification, members may then progress to Level 3 of the new CB Framework to complete 2 of the 3 modules offered, subject to the terms and conditions.
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Upon completion of a Level 2 qualification, members will be eligible to use the ACB professional designation | |
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and be eligible to use the CB designation. |
Table 2: Membership Progression
Note: The information provided above is correct as of the publication date.
A. Membership and Qualification Transition Pathways
CURRENT FRAMEWORK | New CB Framework | |||||||
|---|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | |||||||
Affiliate | Associate Chartered Banker | Chartered Banker | ||||||
Level 1 FOUNDATION | Level 2 SPECIALIST | Level 3 CHARTERED BANKER | ||||||
Membership Progression | Qualifications | Status | ||||||
AFFILIATE MEMBER | Level 1
| Not Completed | ✓ 1 Module | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 5 | |
ASSOCIATE MEMBER | Level 2
| Not Completed | N/A | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 4 | |
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Not Completed Qualifications Under the Current Framework (Levels 1 and 2)
Members are required to complete their current qualifications before the last examination sitting, failing which the modules under the current framework will cease to be offered. Members will then be required to apply for modules under the new CB Framework. For clarity, please refer to Tables 2 and 3 respectively:
Level 1
Current Qualification | Last Examination Sitting | New Qualification and Module to Complete in the New CB Framework |
|---|---|---|
Executive Banker (EB) | December 2021 | Choose 1 of the following qualifications from Level 1 Foundation:
|
Certified Credit Executive (CCE) | December 2023 | |
Certified Anti-Money Laundering & Counter Financing of Terrorism Executive (CAMEX) | December 2023 | |
Certification in AML/CFT (CAML) | November 2022 | |
Certification in Regulatory Compliance (CRC) | November 2022 |
Table 2: Qualification Transition Pathways for Members Who Have Not Completed Qualifications under Level 1 of the Current Framework
Upon completion of a Level 1 qualification, Affiliate members may then progress to Level 2 of the new CB Framework and complete:
Level 2
Current Qualification | Last Examination Sitting | New Qualification | New Qualification and Modules to Complete in the New CB Framework |
|---|---|---|---|
Professional Banker (PB) | December 2023 | Any Specialist Qualification |
AND
|
Business Credit Professional (BCP) | December 2023 | Specialist Certificate in Bank Business Credit (SCBBC) |
AND
|
Retail Credit Professional (RCP) | December 2023 | Specialist Certificate in Bank Retail Credit (SCBRC) |
AND
|
Bank Risk Management (BRM) | December 2023 | Specialist Certificate in Bank Risk (SCBKR) |
AND
|
Certification for Bank Auditors (CBA) | December 2023 | Specialist Certificate in Bank Audit (SCBKA) |
AND
|
Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) | December 2023 | Specialist Certificate in Anti Money Laundering/Counter Financing of Terrorism (SCAML) |
AND
|
Advanced Certification in Anti-Money Laundering and Counter Financing of Terrorism (ACAML) | April 2023 | Specialist Certificate in Anti Money Laundering and Counter Financing of Terrorism (SCAML) |
AND
|
Advanced Certification in Regulatory Compliance (ACRC) | April 2023 | Specialist Certificate in Regulatory Compliance (SCRC) |
AND
|
Table 3: Qualification Transition Pathways for Members Who Have Not Completed Qualifications under Level 2 of the Current Framework
Upon completion of a Level 2 qualification, members may then progress to Level 3 of the new CB Framework to complete 2 of the 3 modules offered, subject to the terms and conditions.
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Affiliate Member | Upon completion of a Level 1 qualification |
Upon completion of a Level 2 qualification, members will be eligible to use the ACB professional designation | |
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and be eligible to use the Chartered Banker designation. |
C. Option to Transition to the New CB Framework Before the Last Examination Sitting of Qualifications in the Current Framework
Members may opt to withdraw from their current qualifications before the last examination sitting by completing and submitting the Cancellation Request form to enquiries@aicb.org.my. Upon approval, members may enrol for a new qualification in the equivalent level under the new CB Framework.
Note: The information provided above is correct as of the publication date.
A. Membership and Qualification Transition Pathways
CURRENT FRAMEWORK | New CB Framework | |||||||
|---|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | |||||||
Affiliate | Associate Chartered Banker | Chartered Banker | ||||||
Level 1 FOUNDATION | Level 2 | Level 3 | ||||||
Membership Designation | Qualification | Status | ||||||
CHARTERED BANKER | Level 3: Chartered Banker | Completed PER module | N/A | N/A | N/A | ✓ 2 Modules | 2 | |
Completed 1 module without PER | N/A | ✓ 1 Module | N/A | ✓ 1 Module | 2 | |||
Completed 2 modules with PER | N/A | N/A | N/A | ✓ 1 Module | 1 | |||
Completed 2 modules without PER | N/A | ✓ 1 Module | N/A | N/A | 1 | |||
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Not Completed Level 3: Chartered Banker Under the Current Framework
Members are required to complete the current Chartered Banker qualification before the last examination sitting, failing which the modules under the current framework will cease to be offered. Members will then be required to apply for modules under the new CB Framework.
The 3 new modules available under Level 3 of the new CB Framework are:
No. | Applicable To | Modules to Complete in the New CB Framework |
|---|---|---|
1 | Members who have:
|
|
2 | Members who have:
|
|
3 | Members who have:
|
|
4 | Members who have:
| |
5 | Members who have:
|
|
6 | Members who have:
| |
7 | Members who have:
|
|
8 | Members who have NOT completed any modules under the current framework. |
|
Table 2: Guidelines on Module Selection for Members Who Have Not Completed Level 3: Chartered Banker Under the Current Framework
Notes
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and will be eligible to use the CB designation. |
Table 3: Membership Progression
C. Option to Transition to the New CB Framework Before the Last Examination Sitting of Qualifications in the Current Framework
Members may opt to withdraw from their current qualifications before the last examination sitting by completing and submitting the Cancellation Request form to enquiries@aicb.org.my. Upon approval, members may enrol for a new qualification in the equivalent level under the new CB Framework.
Note: The information provided above is correct as of the publication date.
A. Membership and Qualification Transition Pathways
CURRENT FRAMEWORK | New CB Framework | |||||||
|---|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | |||||||
Affiliate | Associate Chartered Banker | Chartered Banker | ||||||
Level 1 FOUNDATION | Level 2 | Level 3 | ||||||
Membership Progression | Qualifications | Status | ||||||
AFFILIATE MEMBER | Level 1
| Completed | N/A | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 4 | |
ASSOCIATE MEMBER | Level 2
| Completed | N/A | ✓ 1 Module | N/A | ✓ 2 Modules | 3 | |
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Completed Qualifications Under the Current Framework (Levels 1 and 2)
Affiliate members who have completed a Level 1 qualification in the current framework may progress to Level 2 of the new CB Framework and complete:
Upon completion of a Level 2 qualification, members may then progress to Level 3 of the new CB Framework to complete 2 of the 3 modules offered, subject to the terms and conditions.
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Affiliate Member | Upon completion of a Level 1 qualification |
Upon completion of a Level 2 qualification, members will be eligible to use the ACB professional designation. | |
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and will be eligible to use the Chartered Banker designation. |
Table 2: Membership Progression
Note: The information provided above is correct as of the publication date.
A. Membership and Qualification Transition Pathways
PREVIOUS FRAMEWORK | New CB Framework | ||||||
|---|---|---|---|---|---|---|---|
MEMBERSHIP & QUALIFICATION PROGRESSION | NO. OF MODULES TO COMPLETE | ||||||
Affiliate | Associate Chartered Banker | Chartered Banker | |||||
Level 1 FOUNDATION | Level 2 | Level 3 | |||||
Qualifications | Status | ||||||
Level 1
| Completed | N/A | ✓ 1 Module | ✓ 1 Module | ✓ 2 Modules | 4 | |
Level 2
| Completed | N/A | ✓ 1 Module | N/A | ✓ 2 Modules | 3 | |
Table 1: Membership and Qualification Transition Pathways to Becoming a Chartered Banker for Members Who Have Completed Qualifications Under the Previous Framework (IBBM) (Levels 1 and 2)
Members who have completed a Level 1 qualification in the previous framework may progress to Level 2 of the new CB Framework and complete:
Members who have completed any of the qualifications in Level 2 of the previous framework must complete the PET module (compulsory).
Upon completion of a Level 2 qualification, members may then progress to Level 3 of the new CB Framework to complete 2 of the 3 modules offered, subject to the terms and conditions.
B. Membership Progression
Member Designation | Eligibility Criteria |
|---|---|
Upon completion of a Level 2 qualification, members will be eligible to use the ACB professional designation | |
Upon completion of the Level 3 qualification, an ACB member will be accorded the Chartered Banker status and be eligible to use the CB designation. |
Table 2: Membership Progression
Note: The information provided above is correct as of the publication date.
B. Frequently Asked Questions (FAQs) on Transition Guidelines
We have prepared a set of Frequently Asked Questions (FAQs) in anticipation of the questions that you may have on the transition guidelines. Kindly download the FAQs here.
In the coming months, the Institute will also organise briefing sessions for members to familiarise themselves with the new CB Framework and the transition guidelines.
In the meantime, if you have any enquiries on the transition guidelines, kindly send an email to our Admission team at admission@aicb.org.my
Thank you.
The continued use of membership designation requires you to maintain an annual membership with AICB, fulfil the annual Continuing Professional Development (CPD) requirements and adhere to the Code of Professional Conduct.
The continued use of membership designation requires you to maintain an annual membership with AICB, fulfil the annual Continuing Professional Development (CPD) requirements and adhere to the Code of Professional Conduct.
The continued use of the Chartered Banker designation requires you to maintain an annual membership with AICB, fulfil the annual Continuing Professional Development (CPD) requirements and adhere to the Code of Professional Conduct.
The continued use of the membership designation requires you to maintain an annual membership with AICB, fulfil the annual Continuing Professional Development (CPD) requirements and adhere to the Code of Professional Conduct.
The continued use of the membership designation requires you to maintain an annual membership with AICB, fulfil the annual Continuing Professional Development (CPD) requirements and adhere to the Code of Professional Conduct.
The continued use of the membership designation requires you to maintain an annual membership with AICB, fulfil the annual Continuing Professional Development (CPD) requirements and adhere to the Code of Professional Conduct.
The continued use of the membership designation requires you to maintain an annual membership with AICB, fulfil the annual Continuing Professional Development (CPD) requirements and adhere to the Code of Professional Conduct.
LEVEL | MODULE |
|---|---|
LEVEL 1 | Certificate in Financial Services (CFS) |
| Certificate in Credit (CCR) | |
| Certified Anti-Money Laundering & Counter Financing of Terrorism Executive (CAMEX) | |
| Certification in Anti-Money Laundering and Counter Financing of Terrorism (CAML) | |
| Certification in Regulatory Compliance (CRC) | |
LEVEL 2 | Professionalism and Ethics (PET) |
| Bank Business Credit (BBC) | |
| Bank Retail Credit (BRC) | |
| Bank Risk (BKR) | |
| Bank Audit (BKA) | |
| Certified Anti-Money Laundering & Counter Financing of Terrorism Compliance Officer (CAMCO) | |
| Advanced Certification in Anti-Money Laundering and Counter Financing of Terrorism (ACAML) | |
| Advanced Certification in Regulatory Compliance (ACRC) | |
LEVEL 3 | Commercial Lending (COL) |
| Bank Risk Management (BRM)* *This Level 3 Risk module differs from the Bank Risk Management qualification currently offered under Level 2. | |
| Bank Strategy, Operations and Technology (SOT) |
Members are advised to take Bank Strategy, Operations and Technology (SOT).
Members are advised to take SOT.
Members are advised to take SOT as one of the modules.
Notes
Members who have:
Notes
Members who have:
Notes
Members who have:
Note: This Level 3 Risk module differs from the Bank Risk Management qualification currently offered under Level 2.
The 3 new modules available under Level 3 of the new CB Framework are:
*This Level 3 Risk module differs from the Bank Risk Management qualification currently offered under Level 2.
No. | Scenario | Modules to Complete in the New CB Framework |
|---|---|---|
1. | Members who have:
|
|
| 2. | Members who have:
|
|
| 3. | Members who have:
|
|
| 4. | Members who have:
| To complete any 2 of the following modules,
|
**Members are advised to take Bank Strategy, Operations and Technology (SOT) as one of the modules.
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