Moreover, DBS said the idea is to set a benchmark for innovative learning spaces and approaches in Asia.
Specifically, the focus is on “future-proofing” employees and providing them with digital skill sets. Consequently, DBS hope to encourage a digital mindset through experiential learning.
In particular, one of the highlights is the consumer banking simulation branch where employees will have access to the latest technology to make banking easier for customers, DBS said.
Further, through hands-on learning, they will become more familiar with digital tools that can help them deliver better value to customers.
Peter Seah, Chairman of DBS Bank said that over the past 50 years, Singapore has built a strong reputation as an Asian financial hub.
“At DBS, we believe in growing our own talent, and developing our people not just for present needs, but for future ones as well,” she said.
“This is not only important for the bank, but for the industry as a whole as competition intensifies. We need to promote continuous learning in order to build a future-ready workforce and a strong talent pool that will help shape the future of DBS and the future of banking.”
The DBS Academy conducts over 10,000 training sessions each year and employees can access courses, such as scenario-based leadership development programmes and digital master classes.
Consistent with the Singapore government’s SkillsFuture initiative, DBS will also introduce a new programme, “DBS SkillsFlex”, where all Singapore employees ranked Senior Associates and below will receive SGD500 DBS SkillsFlex Credit each year.
In addition to the 10,000 courses in the SkillsFuture Credit Course Directory, these employees will be able to participate in 50 courses customised for DBS by NTUC Learning Hub. The courses cover topics such as social intelligence, computational thinking and new media literacy.
DBS Bank have launched a 40,000 square feet learning centre with the aim of building up a talent pool to help shape the future of Singapore’s finance industry.