The Kanbawza (KBZ) Group of Companies was founded by Aung Ko Win in 1994 and now has more than 80,000 employees. Its core principle is centred on strengthening Myanmar and its people. As it has its roots in a family business, the family’s core values are integrated in the corporate values. It is recognized to be the leading philanthropic organization in Myanmar and has been awarded for its CSR initiatives.
KBZ Holdings will create a world-class company that complies with the highest international standards while retaining the values of a family run business. This is achieved via capacity building efforts for our Myanmar staff, community aid programs that help our country, dedication to transparency and integrity, and a desire to see the best of Myanmar’s traditions flourish in a free market economy.
- We subscribe to good governance and high ethical values
- We strive towards operational excellence and high performance standards
- We provide an environment for our staff to realize their full potential
- We respect our culture and heritage while actively welcoming new ideas and concepts.
Core ValuesKBZ Group of companies expects all its staff to embrace our core values:
- Teamwork and Cooperation
- Mutual Trust and Respect
Our Board of Directors introduced a new Code of Conduct in 2014 reflecting our core values. The code applies to every member of staff in all of our companies from the most junior up to the Chairman. Our Board of Directors has already signed up as have almost all KBZ Bank staff. We are in the process of implementing the code and our other policies across all of our subsidiaries.
A Statement from the Senior Managing Director
“We are committed to meeting International norms and standards in all our business operations. We have recently signed up to the UN Global Compact and work closely with the Government, international and national organizations as well as our local communities. With excellent management teams in place in each of the companies in our group, I am convinced not only that KBZ has a very exciting future, but that we can contribute significantly to the long term development of ethical and sustainable business in Myanmar. We have a zero tolerance policies for anti-corruption, bribery or facilitation payments and adhere to all laws in the jurisdictions in which we operate. All our Directors have been trained in our anti-corruption and bribery policy and in addition to all other policies to ensure they cascade our values to all staff”