Policy builds gender-balanced ecosystem and future-proofs workforce in tech age       


KUALA LUMPUR, March 9 (Bernama) -- CIMB Group Holdings Berhad (“the Group” or “CIMB”) on 8 March 2018 has introduced a new work-from-home policy for one day per week for female staff who are mothers, in conjunction with International Women’s Day 2018. This policy also fulfils CIMB’s objectives to build a gender-balanced ecosystem, by making it easier for female staff with children under five to remain on the career grid and future proof its workforce for the Fourth Industrial Revolution.

The policy was announced on CIMB’s behalf by Dato’ Sri Najib Tun Abdul Razak, Prime Minister of Malaysia, witnessed by Dato’ Sri Nazir Razak, Chairman of CIMB Group; Tengku Dato’ Sri Zafrul Aziz, Group CEO of CIMB Group; and Dato’ Hamidah Naziadin, Group Chief People Officer, CIMB Group together with 2,000 CIMB employees, who were thrilled to meet the Prime Minister in person.

Tengku Dato’ Sri Zafrul Aziz, Group CEO of CIMB Group said, “CIMB perceives our people as our greatest asset. Progressive people policies reflect our seriousness in creating a gender-balanced ecosystem to realize our staff’s full potential; and to future-proof our workforce for the Fourth Industrial Revolution. To this end, we also invested RM108 million or 1.8 million hours in staff training in 2017, and have revolutionized our training to nurture a more agile staff mindset for future challenges. We are confident that this new work-from-home policy for mothers of young children will also contribute towards building a gender-balanced work environment that will result in a win-win for both CIMB and our staff.”

The policy will be implemented in Malaysia first, and will be rolled out progressively to CIMB’s other markets later. As part of building a gender-balanced ecosystem, CIMB has, over the years, implemented the “Workplace Wellness@CIMB”, a comprehensive work-life initiative to support staff in both their professional and personal aspirations. Initiatives under this programme includes the Staff Rejuvenation Programme which allows up to six months’ unpaid leave for personal reasons, like caring for children or ailing family members, extended maternity leave or a career break, without jeopardising the staff’s position and seniority. Facilities like childcare centers and nursing rooms for mothers complement policies like Flex4Parents which allows flexible working hours for staff to take care of their loved ones. Flex4Parents has also been expanded to all staff regardless of circumstances.

About CIMB Group

CIMB Group is Malaysia’s second largest financial services provider and one of ASEAN’s leading universal banking groups. It offers consumer banking, investment banking, Islamic banking, asset management and insurance products and services. Headquartered in Kuala Lumpur, the Group is now present in nine out of 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar and Laos). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group has the most extensive retail branch network in ASEAN of around 850 branches as at 31 December 2017. CIMB Group’s investment banking arm is also one of the largest Asia Pacific-based investment banks, offering amongst the most comprehensive research coverage of more than 700 stocks in the region.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.1% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM 60.3 billion as at 31 December 2017. The Group has around 38,000 employees located in 15 countries.


Please click here for HR Policy Announcement - Appendixes


SOURCE : CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Suria Zainal
Head
Group Corporate Communications
Group CEO’s Office
CIMB Group Holdings Berhad
Tel : +603 - 2261 0638
Email : suriawati.zainal@cimb.com

--BERNAMA