, Singapore

Standard Chartered Singapore to allot $5m to upskill staff

It will offer close to 350 trainee roles.

Standard Chartered will invest $5m to boost employee redevelopment and upskilling in Singapore, according to a news release.

The bank will provide close to 350 traineeship and career opportunities and will participate in the SGUnited Traineeships Programme, SkillsFuture Work-Study Programme and the Finance Associate Management Scheme for the benefit of young bankers and senior leaders.

It will also amplify its SkillsFuture@SC programme to upskill employees over the next three years. Training is customised based on employees’ interests, stages of their careers and industry transformation needs. The bank has also recently enhanced its interactive ‘diSCover’ learning platform for employees to access modules such as blockchain, AI, and personal development.

Singapore remains one of Standard Chartered’s key franchises and is a key beneficiary of its $2.2b (US$1.6b) three-year investment.

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