Singapore’s DBS Bank has joined forces with Infocomm Media Development Authority (IMDA) to launch a new fintech training programme for young professionals.

The programme will be used to train over 85 young professionals in agile development, DevOps, information security and data analytics for the financial services industry.

The new programme, which is the first under TechSkills Accelerator (TeSA) initiative, complements the bank’s other training programmes. These include the DBS Skills Enhancement and Education (SEED) Programme that offers training on a range of technological aspects such as agile development, DevOps and information security; and the DBS Business Analytics Graduate Immersion Programme (BAGIP) that offers training in data analytics.

DBS Bank executive director, group human resources James Loo said: “In order for Singapore to maintain its competitive edge as a leading Asian financial hub, it is crucial that we focus on building a strong talent pool with the right technology and innovation skillsets.

“Partnering with IMDA to create these training programmes will present a valuable opportunity for the next generation of passionate digital bankers, as well as build a strong Singapore core of fintech professionals.”

The recent collaboration comes shortly after the Singaporean lender announcement to pump SGD20m ($14.6m) over the next five years into a training programme for employees.

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