CIMB named Best Malaysian Organisation at Talentcorp Awards

KUALA LUMPUR (July 21): Group Holdings Bhd has been recognised at the TalentCorp Life At Work 2019 Awards with three top accolades in the categories for Best Malaysian Organisation, Outstanding Practice for Talent Development Initiative and CEO Champion.

The event is organised annually by the Human Resources Ministry through its agency, Talent Corp Malaysia Bhd (TalentCorp) in collaboration with the Ministry of Women, Family and Community Development.

In a statement, CIMB said the are affirmation of the group’s continuous efforts to deliver the best in class human capital practices and drive diversity and inclusion within the group, in line with its core values.

“CIMB is honoured to be given the recognition for our progressive HR (human resource) policies which reflect our seriousness in creating a gender-balanced ecosystem,” said CIMB group chief people officer Datuk Hamidah Naziadin.

“We believe that diversity improves decision-making and gives us an advantage in strengthening organisational leadership and performance, as we are able to fully tap into the strengths of each staff,” she said.

Hamidah said CIMB has also committed to equipping for the digital economy through various upskilling and reskilling programmes so that its staff are ready for career advancement in roles and functions that are increasingly digital at their core.

“We are fortunate that the leadership of CIMB Group, led by YB Senator Tengku Datuk Seri Zafrul Aziz, now Malaysia’s finance minister and named CEO Champion by TalentCorp, was extremely supportive in embedding a diverse and digital culture in CIMB Group,” she added.

CIMB said it is particularly honoured to win in the Outstanding Practice for Best Talent Development Initiative for initiatives taken under the Future of Work Centre (FOWC), a holistic approach to preparing its people to have the hard skills and the mindset to map their career development in the age of agile organisations and digital technology.

“FOWC is a framework that facilitates the acquisition of essential skills alongside opportunities to prepare the workforce for a future that will see them working alongside technology such as artificial intelligence (AI), robotics and data analytics in a highly digitalised environment.

“This follows an earlier announcement on CIMB’s Forward23 in 2019, which also includes the group’s RM2 billion investment in technology and data infrastructure,” the group added.

CIMB said FOWC is part of its RM75 million investment to equip its people with the skills to support the group’s effort in reaping opportunities in a data-driven, tech-enabled world with at least 30% of its workforce equipped with digital skills by 2023.

“It is hoped that the group’s female employees, who made up 56% of CIMB Group’s total staff strength in 2019, would also benefit from the convenience of learning and reskilling/upskilling,” the group said.

CIMB said that more than 11,000 staff from Malaysia, Indonesia, Singapore, Thailand and Cambodia have been trained on future skills across a variety of platforms catering to various levels of mastery from basic or little understanding to more advanced certified courses.

“Platforms are just as varied in view of the demand on staff and include classroom, mobile and virtual offered by the group’s 3D Academy (Digital, Data, Design) with more than 78,000 learning hours achieved in 2019,” it added.

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