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Maybank Allocates RM30 Million to Improve Employee’s Digital Literacy Programme

May 9, 2018

Funds worth RM30 million have been prepared by Malayan Banking Bhd (Maybank) to develop its mandatory “FutureReady” digital upskilling programme. According to the bank, the programme aims to raise its staff’s digital literacy while equipping them with required capabilities to keep them relevant in the job market.

Training the existing employees has always been Maybank’s commitment to humanising people development, as it expects to enable the staff to meet customer’s needs more effectively in today’s fast-changing digital world. There are six areas of skills covered by the training curricular, which include digital awareness, data-driven decision making, human-centred design, agile, future communication, as well as risk and governance in the digital world.

Maybank group president and CEO, Datuk Abdul Farid Alias said, “The programme was developed to future-proof employees digitally to support the bank’s aspiration to be the ‘Digital Bank of Choice’.”

He stated that as technology is undergoing a rapid change, it is important for employees to stay abreast of new developments. Under the programme, staff will get opportunity to develop their skills through weekly learning modules. They can also take part in FutureReady Lab sessions to put the theory they have learnt into real action.

See: NTUC Raised $200 Million Fund to Subsidise Training for Workers

“We are also training our managers to facilitate the FutureReady skills learning in their respective teams because employees need to be encouraged and given the opportunities to experiment and apply the learnings to practice,” he added.

After completing the training, employees will also receive certification in new skills areas such as computer programming, data analytics and data science, human centred design, and agile methodologies. They are also allowed to experiment with these skills to create new innovation that will help them work, The Star Online reports.

Meanwhile, the group chief human capital officer Nora Manaf emphasised that the lack of new Industry 4.0 capabilities could render individuals and the organisation as irrelevant. Therefore, through the FutureReady programme, Maybank aims to empower employees to take ownership of their learning and development, as aligned with the company’s employer value proposition of ‘GO Ahead. Grow’.

Read also: Global Talent Crunch Hampers Business Growth around the World: Study

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