Saturday, 21 December 2024
DBS and IMDA introduce industry-first TeSA fintech programme
DBS Bank has partnered Infocomm Media Development Authority (IMDA) to create the first fintech training programme under the TechSkills Accelerator (TeSA) initiative. The programme will groom young professionals skilled in agile development, DevOps, information security and data analytics for the financial services sector.
DBS is the first bank to partner with IMDA to train over 85 young professionals in these technology skills, under TeSA’s Company Led Training (CLT) programme. This collaboration comprises the launch of the new DBS Skills Enhancement and Education (SEED) Programme; and the ongoing DBS Business Analytics Graduate Immersion Programme (BAGIP).
Angeline Poh, Assistant Chief Executive, Industry Development, IMDA said, “Finance is an important driver of Singapore’s economy, accounting for more than 14% of our nation’s Gross Domestic Product in 2016. The digitalisation of our economy brings about opportunities for the creation and delivery of new products and services. By deepening digital capabilities, banks and financial institutions here will be better-positioned to capitalise on such opportunities to grow their businesses. IMDA is pleased to support this industry-led project by DBS to jointly develop a pool of skilled tech talent for the finance sector to contribute to the development of our digital economy.”
James Loo, Executive Director, Group Human Resources, DBS Bank said, “Banks of tomorrow will look very different from the ones today. In order for Singapore to maintain its competitive edge as a leading Asian financial hub, it is crucial that we focus on building a strong talent pool with the right technology and innovation skillsets. Partnering with IMDA to create these training programmes will present a valuable opportunity for the next generation of passionate digital bankers, as well as build a strong Singapore core of fintech professionals.”
Re-disseminated by The Asian Banker
