Asian Institute of Chartered Bankers to develop future-ready talent in banking industry
by StudyMalaysia.com on January 2, 2025 | Top Stories, Accounting and Finance, Campus News
KUALA LUMPUR: About 40% of Malaysian jobs face high automation risks, with 57% likely to be impacted within the next two decades, underlining the urgent need for future-ready skills in areas such as generative artificial intelligence (GenAI), data science and machine learning, where demand outpaces talent.
Limited AI skills hinders 33% of enterprises from adopting AI technologies, yet only 34% of organisations are actively reskilling their workforce, according to an IBM report.
Structured upskilling is crucial to bridge this gap and prepare Malaysia’s banking workforce for the future.
Recognising this, the Asian Institute of Chartered Bankers (AICB) is taking steps to address the large skills gap, particularly in the domestic banking sector, through the recently launched Future Skills Framework (FSF).
AICB chief executive Edward Ling the FSF is poised to reshape talent development within the financial industry.
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