SHAH ALAM, March 11 (Bernama) -- Sharing a commitment to respond to the development of the education landscape in this increasingly challenging time, Universiti Teknologi MARA (UiTM) and Agrobank signed a Memorandum of Understanding (MoU) on 10 March 2022. 

Aside from strengthening opportunities for both parties in terms of manpower, training, exchange of knowledge and expertise, this collaboration aims to broaden synergies that build and empower talent in banking and finance. The outcome will help increase graduate marketability and employment through programmes such as entrepreneurship, community service, research and innovation. 

Speaking at the signing ceremony about the MoU, Datuk Yunos Bin Abd Ghani, Board of Director of Agrobank said, “Agrobank has an important role and responsibility to build the future workforce for the banking and financial industry. The rapid changes of banking industry require banks to operate at optimum capacity and therefore a quality workforce is fundamental to this success. Universities such as UiTM play a vital role in developing exceptional manpower to the industry and I believe this initiative is a valuable contribution towards building a better knowledge-based economy.

The Vice-Chancellor of UiTM said, “as the largest institution of higher learning in Malaysia, UiTM plays a very significant role as a platform for knowledge creation through teaching and learning based on current needs. It is important for the university to strengthen relationships with the industry to ensure its curriculum design and delivery, research and continuous educational development are geared towards producing quality professional graduates who meet the needs of the industry”. 

She added that cooperation with financial institutions such as Agrobank provide valuable contributions and positive impact towards building a knowledge-based economy that benefit both parties, including staff, students and the local community. This collaboration complements efforts for knowledge expansion, academic upgrading, curriculum review, talent development, career and training through faculties and facilities owned by both parties. 

Earlier, YBhg. Professor Ts. Dr Salmiah Kasolang, Rector of UiTM Penang Branch and Yang Mulia Tengku Ahmad Badli Shah Raja Hussin, President/Chief Executive Officer of Agrobank signed the MoU. Held at Canseleri Tuanku Syed Sirajuddin UiTM, the ceremony was witnessed by Agrobank Board Member YBhg. Datuk Yunos Abd Ghani and YBhg. Professor Emeritus Tan Sri Dato’ Seri Dr Ibrahim Shah Abu Shah, Chairman of the UiTM Board. 

ABOUT AGROBANK

Agrobank is a leader in agriculture financing and values-based banking based (VBI)* in Malaysia. Established in 1969, Agrobank is actively involved in charting the growth and development of Malaysia’s agriculture industry by offering shariah compliant products and solutions across various customer segments including micro, small, medium and large retail and business customers. Agrobank is a full-fledged Islamic bank since 1st July 2015.

As a market driven, customer centric DFI (Development Financial Institution) with a primary focus on strengthening the agriculture sector in Malaysia, Agrobank strikes an equal balance to its developmental and commercial roles to benefit the agriculture sector. Agrobank provides a comprehensive repertoire of financing solutions for the agriculture community; that includes upstream activities related to primary food and commodities-based agriculture activities to downstream activities such as processing, marketing and distribution of agricultural products.

Agrobank also offers retail banking financing solutions to improve the well-being of the agriculture community. This is done through its network of 207 touchpoints as of 2020 which include 139 branches, 33 kiosks, 19 commercial centers and 16 other touchpoints.

In 2019, Agrobank celebrated its golden jubilee Anniversary, as it marks 50 years of its proud establishment developing the agro industry.

www.agrobank.com.my

*VBI or value-based intermediation is an initiative by Bank Negara Malaysia (BNM) which aims to improve the products and services offered by Islamic financial institutions towards a better facilitation of entrepreneurship, community well-being, sustainable environment and economic growth, without compromising on shareholders’ returns

Issued by Corporate Communications Department, Agrobank

SOURCE : Agrobank

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Shahreen Rahim
Section Head of Public Relations,
Corporate Communications Department
Agrobank
Tel : 03-2731 1660 (ext 1660) / +6012-943 6217
Email : shahreen.rahim@agrobank.com.my
 
Name : Syarifah Syameen Syed Johari
Senior Executive, Public Relations,
Corporate Communications Department
Agrobank
Tel :  03-2731 1652 / +6012-310 1766
Email : syameen@agrobank.com.my
 
--BERNAMA