StanChart Invests Over S$4.5M to Speed up Gen AI and Knowledge Abilities Coaching

Editorial Team
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Commonplace Chartered is channeling over S$4.5 million into Gen AI and knowledge coaching to future-proof its workforce and sharpen its aggressive edge throughout ASEAN.

The funding is a part of the financial institution’s purpose to harness know-how to drive innovation, enhance efficiencies and construct a skills-based organisation that equips workers to navigate fast technological change.

In Singapore, the financial institution launched an AI Studying Hub in November 2024 that includes a foundational AI literacy course aligned with IBF’s Future-Enabled Abilities framework and accredited by the Institute of Banking and Finance (IBF).

Staff may also pursue additional upskilling by way of SkillsFuture@SC, a studying initiative funded by the financial institution.

Thus far, greater than 15 % of Singapore-based workers have accomplished not less than one AI-related programme, with extra anticipated to affix within the subsequent two years.

Earlier this yr, Commonplace Chartered rolled out its personal generative AI device, SC GPT, throughout a number of markets together with Singapore in March 2025, stated to be one of many largest enterprise deployments of its variety in banking.

It additionally launched the interactive, multi-phase Knowledge Administration Studying Marathon (DMLM), a multi-year programme designed to deepen understanding of information high quality, the info lifecycle and accountable AI.

Patrick Lee
Patrick Lee

Patrick Lee, CEO, Singapore and ASEAN, Commonplace Chartered Financial institution, stated,

“Commonplace Chartered prides itself on being a skills-based organisation.

As a part of our abilities improvement journey, we purpose to empower our individuals by way of steady studying, enabling them to remodel the work they do, keep forward of the altering panorama and assist the financial institution to ship on our enterprise and other people targets.”

 

 

Featured picture: Edited by Fintech Information Singapore, based mostly on picture by sambathdara95 by way of Freepik

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