Ling says the Future Skills Framework is poised to reshape talent development within the financial industry.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 , data science and machine learning, where demand outpaces talent.
Recognising this, the Asian Institute of Chartered Bankers is taking steps to address the large skills gap, particularly in the domestic banking sector, through the recently launched Future Skills Framework . “The FSF unifies diverse skills under a single point of reference, fostering clarity and consistency in skills development while empowering individuals to make informed career choices,” he toldThe FSF, unveiled on July 22, is a collaboration with the Islamic Banking and Finance Institute Malaysia and the Asian Institute of Insurance.
Regarding talent retention and technology integration, Ling said AICB is tackling the pressing issue of talent retention by embedding professional development into its programmes. He said certifications such as the Certificate in Digital and Artificial Intelligence Evolution in Banking and the Certificate in Green and Sustainable Finance are designed to align with emerging trends, including AI, blockchain, and environmental, social, and governance principles.