Training program to boost financial talent pool

Posted on September 6, 2007


New Straits Times (Malaysia)
Rupa Damodaran

BANK Negara Malaysia is spearheading a specialised financial training programme, which it hopes will address the acute shortage of skilled talent in the financial industry.

Governor Tan Sri Dr Zeti Akhtar Aziz hopes the one-year Financial Sector Talent Enrichment Programme (FSTEP) will be able to produce 1,000 highly trained industry professionals by November next year.

“It is a practical-oriented programme aimed at attracting high-calibre students who have recently graduated from local and foreign institutions to join the financial industry – banks, insurance, Islamic banks and takaful,” she said in Kuala Lumpur yesterday.

The programme, which will begin next month, is being organised with the various players in the industry.

They are the Association of Banks in Malaysia, Malaysian Investment Banks Association, Association of Islamic Banking Institutions Malaysia, Life Insurance Association of Malaysia, General Insurance Association of Malaysia, Malaysian Takaful Association, Institute of Bankers Malaysia, Islamic Banking and Finance Institute Malaysia and the Malaysian Insurance Institute. […]

More information on the programme can be obtained from the central bank’s website at