UOB partners with Better U’s industry partners and Institutes of Higher Learning. Source: Shutterstock

UOB has joined forces with Institutes of Higher Learning (IHLs) and industry partners to establish an industry-first complete structured 12-month programme with tailored learning paths and mentoring to help colleagues move into new roles within the bank.

The Better U Pivot project is one of the primary initiatives introduced at UOB’s annual employee festival, Better U.

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In addition, UOB established the Artificial Intelligence (AI) and Data Analytics Centre of Excellence (AIDA CoE), in cooperation with the Infocomm Media Development Authority (IMDA) and National University of Singapore (NUS), as an element of its employee training and reskilling programme.

The programme, which was first piloted in 2021, aims to reskill up to 500 employees over two years, starting in Q4 2024. The initiative, in partnership with IBF and Workforce Singapore, will provide in-depth skills analysis and tailored programmes to reskill employees in areas such as risk and compliance, sales, and customer experience.

Participants in a NP-designed programme will receive tailored learning paths, on-the-job training, mentorship, and wellness support, tailored to their individual roles.

Moreover, the Better U Festival, which is in its sixth year and is graced by Minister for Manpower Tan See Leng, highlights UOB’s dedication to enhancing colleagues’ flexibility and future preparation in the face of the financial sector’s rapid evolution.

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Dean Tong, head of group human resources at UOB, stated: “The launch of Better U five years ago has solidified our commitment to building our own timber, and also accelerated the development and implementation of holistic training programmes to nurture growth mindset, digital awareness, and other essential soft skills for all our people.”

“Our successes and failures through the years of experimenting have furnished us with insights on what methodologies are effective in augmenting our employees’ growth and pitfalls to avoid. We are continually enhancing our support system and programmes to help our colleagues pivot their careers at scale, from areas of low growth to high growth, to remain relevant and achieve sustainable careers. That is the essence of our Better U Pivot programme. This, together with the AIDA CoE, represents a significant step forward in our journey of continuous learning and development, ensuring our team is well-equipped to meet the shifting demands of the industry.”