StanChart, UCEP Bangladesh launch reskilling programme

Staff Correspondent

24 January, 2021 12:00 AM printer

Standard Chartered and UCEP Bangladesh launched the re-skilling and employment reintegration programme in Rajshahi for economically vulnerable individuals who have lost their livelihoods due to the impact of Covid-19.

Bitopi Das Chowdhury, Country Head of Corporate Affairs, Brand and Marketing from Standard Chartered Bank and Didarul Anam Chowdhury, Director of Programme and Innovations from UCEP Bangladesh were present at the ceremony held recently, said a press release.

Under the initiative, UCEP Bangladesh is conducting a rapid needs assessment study to identify the skills gaps in both formal and informal sectors, and the opportunities created by the disruptions caused by Covid-19.

Based on the findings of this study, demand-driven training programmes will be developed that will prepare participants with the skills to best meet current and future demands of the job market. The graduates will then go through a job placement programme to complete their reintegration within the economy. 

Speaking on the occasion, Bitopi Das Chowdhury, Country Head of Corporate Affairs, Brand and Marketing from Standard Chartered Bank said, “Our battle against Covid-19 has once again demonstrated the incredible resilience of the hard-working people of Bangladesh. Yet, to maintain our nation’s growth momentum, successful reintegration of our workforce to the post pandemic economy will be crucial. After a series of initiatives that provided immediate support to vulnerable communities, we are now launching the second phase of our support programmes, which focuses on the development of a future ready workforce.”

The Bank had announced a broad range of support measures for its retail customers and businesses, including loan repayment holidays, fee waivers or cancellations and loan extension facilities, in addition to the government-led support measures. It has initiated a US$1 billion global financing programme for companies that provide goods and services to help the fight against COVID-19. It has also launched a US$50 million fund aiding communities affected by the pandemic across its global footprint, including Bangladesh.