Standard Chartered trains over 8,000 employees as part of S$8m investment

STANDARD Chartered Bank has trained more than 8,000 employees in Singapore as part of an S$8 million investment to upgrade its talent, it announced on Tuesday (Dec 13).

The bank has offered junior to mid-level professionals and seniors the opportunity to reskill and benefit from on-the-job training. It has groomed talent through initiatives such as the Technology in Finance Immersion Programme by the Institute of Banking and Finance, SG United Professional Programme and Work Study Programme, as well as its in-house Workforce Transformation and Skillsfuture@SC programmes.

Standard Chartered also has its own academy, housed at the Changi Business Park 1 premises; the bank has invested $26 million to refresh the space.

Patrick Lee, cluster chief executive officer for Singapore and Asean markets at Standard Chartered, said: “Singapore is an important strategic market for the bank, with our global businesses, operations, technology, innovation and learning hubs all headquartered here.

“Developing a differentiated and transformed workforce to digitalise, innovate and future-proof banking is key, and we continue to invest in recruiting, upskilling and reskilling initiatives to build future-ready competencies in the financial services industry.”