08 March 2018
Policy builds gender-balanced ecosystem and future-proofs workforce in tech age
Kuala Lumpur: CIMB Group Holdings Berhad (“the Group” or “CIMB”) today 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.