Prime Minister launches capital market talent programme to ease shortage of skilled talent

July 4, 2023

Prime Minister launches capital market talent programme to ease shortage of skilled talent

KUALA LUMPUR (June 19): Prime Minister Datuk Seri Anwar Ibrahim launched an initiative aimed at enhancing graduate employability and ensuring a sustainable talent pipeline to ease the shortage of skilled talent in the capital market.

Dubbed NextGen Capital Market Talent (investED), the name was unveiled by the prime minister at the launching ceremony on Monday (June 19).

The initiative will improve the knowledge and employability of 9,000 university graduates, especially for the capital market industry, for the next three years.

The initiative is also expected to provide job opportunities for 600 graduates over the next three years. This will be done via job placements and on the job training provided by capital market firms under investED’s Leadership Programme.

Another 2,400 graduates will also benefit from the investED’s Foundation Programme — a structured certification programme managed by SC’s learning arm, the Securities Industry Development Corporation (SIDC).

Speaking at the launching ceremony, SC chairman Datuk Seri Dr Awang Adek Hussin said investED is in line with the government’s policy of strengthening the higher education system through public private sector cooperation, to produce a skilled workforce to meet the needs of the industry.

The three-year initiative was previously announced by the prime minister in Budget 2023, and was driven by the Securities Commission (SC).

The initiative was a collaboration between the Ministry of Finance (MOF), the Ministry of Higher Education, Bursa Malaysia and leading capital market players.