StanChart launches global learning hub in Singapore

Over 8,000 employees are set to benefit from the bank’s latest L&D pilot program

StanChart launches global learning hub in Singapore

Standard Chartered this week announced its latest L&D initiative following a $5 million investment to upskill its workforce in Singapore.

The diSCover Lab, launched as a global learning hub, aims to train over 8,000 employees by 2022.

The lab is also part of efforts to enhance their pipeline for future talent. The bank will be working with tertiary institutions, government agencies and industry partners to source talent, hire and train them at the facility.

Read more: Inside Standard Chartered's enhanced L&D program

“Our diSCover Lab is a testament to how we are committed to hiring, training and preparing aspiring Singapore talent for future-ready roles globally, creating a more resilient workforce in Singapore,” Charlotte Thng, head of HR, Singapore, Australia and ASA cluster markets at Standard Chartered told HRD.

The lab aims to provide a flexible learning environment for staff, offering a hybrid approach of virtual and face-to-face L&D opportunities.

Housed at Standard Chartered @ Changi 1, employees will also be able to access ‘diSCover’, a learning portal filled with bite-sized modules and curriculum on topics like blockchain, data, AI and personal development.

The duration of each learning module or accredited training program can range from a few hours to 18 months, catering flexibly to employees’ schedules and training needs.

Read more: Standard Chartered launches virtual internship program

The lab brings together nine ‘future skills’ academies under one roof:

  • aXess academy
  • Data & Analytics
  • Cyber
  • Digital
  • New ways of working
  • Client advisory
  • Leadership
  • Human
  • Sustainable finance

The academies will offer programs focused on growth areas, such as digital banking, international banking, cyber-information security, data solutions, analytics, cloud, AI architect, and devOps.

aXess academy, for example, is a global initiative focused on experiential and in-depth technical training for tech talent. It aims to equip individuals with the necessary adaptability, leadership and digital skills for the future of banking.

“Having all nine academies under one roof not only provides our employees the ease of access to a plethora of reskilling opportunities, specialised training, knowledge transfer and best practice sharing, it also enables to personalise training for our employees, broadening their learning horizon as they grow and progress with us,” Thng said.

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