CIMB signs MOU with the Institute of Bankers Malaysia

42,000 employees will benefit from the MOU.

CIMB Group has signed a Memorandum of Understanding (MoU) with the Institute of Bankers Malaysia (IBBM) to officially launch the Chartered Banker Education Pathway for the Group’s 42,000 employees.

Conferred jointly in Malaysia by IBBM and the Chartered Banker Institute in the UK, the programme is a globally recognised qualification that has been customised to uniquely reflect Malaysia’s banking operations and regulatory framework within its international syllabus.

“The MoU seals CIMB’s commitment to invest in our employees and develop them to become globally recognised ASEAN bankers. Such quality assets will enable us to provide top-notch products and services to over 13.9 million CIMB customers regionally, thus further strengthening our position as the leading ASEAN universal banking group,” said Hamidah Naziadin, Head, Group Corporate Resources, CIMB Group.

The programme comprehensively covers banking essentials and practices, giving learners an overall grasp of critical knowledge and skills to become veritable professionals to serve in the industry.

“Combined with CIMB’s internal educational programmes, we trust our employees will be positioned in good stead in the forefront of the financial services industry. Above and beyond that, these professional qualifications will also propel their professional career growth,” she added.

The MoU was signed by Hamidah Naziadin and Tay Kay Luan, Chief Executive Officer, IBBM. It was witnessed by Dato’ Lee Kok Kwan, Deputy Group CEO, Corporate Banking, Treasury and Markets, CIMB Group.

At the signing ceremony, Hamidah also stated that the Group will be providing full sponsorship for its employees to pursue this qualification, as part of its Corporate Sponsorship Scheme.

The Chartered Banker is an international gold standard in banking qualification for professionals working in the financial services sector. The Chartered Banker Education Pathway comprises three levels of qualification, namely Executive Bank, Professional Banker and Chartered Banker, tailored for clericals and executives, experienced professionals, and seasoned banking and finance careerists respectively. The programme is run online, allowing learners the flexibility to complete the course as they work.

“With the introduction of this online programme, it adds to the suite of self-learning courses in our training library. We foresee e-learning to be the way forward, especially for the new generation of workforce,” Hamidah remarked.

Meanwhile, Tay said, “IBBM is committed to our vision of excellence and devoted to providing world class education. We introduced this global qualification to Malaysian shores last year, and now to the ASEAN region. Having CIMB on board with the signing of this MoU is a partnership that the Institute will work hard to ensure that the value propositions are raised and delivered as agreed. It is encouraging to have CIMB’s support and also to learn that they foresee a significant increase in their take-up rate of IBBM’s professional learning and education offerings this year.”