BANDAR SERI BEGAWAN
BAG Networks yesterday celebrated its 17-year joint venture journey with shareholders Khazanah Satu and Accenture at its headquarters in Berakas.
The IT company in May announced that Accenture departed from the collaboration, with its shares fully acquired by the Khazanah Satu, a subsidiary of the Ministry of Finance.
During the comemmoration ceremony yesterday, the Minister of Finance II Yang Berhormat Dato Seri Paduka Hj Mohd Amin Liew Abdullah highlighted Accenture’s importance in laying the foundation for BAG Networks to grow and contribute to the development of the local ICT professionals since the local firm’s inception in 2001.
“We had seen a lot of history being made, milestones being met, achievements being accomplished and at the same time, many lessons learned. Started with two local personnel, Accenture and Khazanah Satu saw BAG Networks grow to nearly 120 employees today. Together with those who came and left a total of 700 employees were created,” said YB Dato Hj Mohd Amin Liew, who is also the chairman of BAG Networks.
The minister in his speech further congratulated all parties involved in making the joint venture a success and shaped BAG Networks to what it is today.
“As all good things will at some points come to an end, BAG Networks will now embark in the next chapter after the departure of Accenture as a shareholder. I would like to wish everyone the very best,” he added.
The minister then further elaborated on the contributions and involvement of Accenture with BAG Networks.
“In the early years, Accenture involved BAG Networks personnel in their project teams in Accenture projects overseas including Australia, Singapore, India and Malaysia.”
“While in Brunei, the personnel were involved in oil and gas and consulting projects,” added YB Dato Hj Mohd Amin Liew.
Present at the commemoration ceremony yesterday were members of BAG Board of Directors Permanent Secretary (Performance) at Ministry of Finance Norliah Hj Kula and Deputy Permanent Secretary (Investment) at the Ministry of Finance Hj Khairuddin Hj Abdul Hamid, Chief Executive Officer at BAG Networks Haslina Hj Mohd Taib, as well as former senior officials of Accenture who were former Board of Directors at BAG Networks.