USD120,000 at stake in CIMBs 3D Conquest to unearth ASEANs top #digital talents Competition sets path for nurturing crucial skills in data science, FinTech and coding among tertiary students

Stocks and Financial Services Press Releases Wednesday September 19, 2018 16:55
Bangkok--19 Sep--CIMB Thai Bank

CIMB Group Holdings Berhad ("the Group" or "CIMB") has launched the CIMB 3D Conquest, a competition that aims to identify and attract ASEAN's top creative, young digital talent with an agile and entrepreneurial mindset. Open to all tertiary students, the hackathon-style event runs on three tracks – Data Science, FinTech and Coding – the mastery of which is crucial to help the Group embrace the opportunities of the gig economy.

The Data Science track challenges students to build predictive models and segmentation frameworks that target revenue and profitability. The Fintech track requires students to reimagine banking solutions, while the Coding track focuses on improving the mobile payments space. Hence, the name '3D Conquest', where '3D' stands for Data, Digital and Disruption.

Apart from cash prizes totaling more than USD120,000 for the ASEAN-wide competition, the regional winners will also gain invaluable exposure through a trip to Silicon Valley, as well as the opportunity to join CIMB upon their graduation.

Dato' Hamidah Naziadin, Group Chief People Officer of CIMB Group said, "As a leading ASEAN universal bank, we remain committed to developing talent across the region. This inaugural competition is one of many ways through which CIMB exposes ASEAN's youth to the vast opportunities presented by the Fourth Industrial Revolution."

"Ultimately, it is all about our customers. We envisage a future where customers can choose to co-create products and services that are perfectly tailored to their circumstances, through tools powered by data analytics and AI. This is why the Group's next growth phase, premised on people, customers and sustainability will have digital underlying all three pillars. We strongly believe that through this competition, together with various initiatives including CIMB's 3D Academy, and HR development tools where a total of RM111 million will be spent to equip our staff digitally, CIMB will be in good stead to reshape its DNA to become a data-first organization," Dato' Hamidah added.

Teams will compete at the country-level in November 2018 before proceeding to the grand finale in Kuala Lumpur in January 2019.

Malaysia Airlines has come onboard as Official Airline for the fourth consecutive year in supporting CIMB's youth development initiatives. Technology partners include Amazon Web Services, Cloudera, Fusionex, Oracle and SAS Malaysia. The CIMB 3D Conquest is supported by the Ministry of Education Malaysia, Malaysia Digital Economy Corporation (MDEC) and Big Community.

More information about the CIMB 3D Conquest can be found at https://3dconquest.cimb.com
About CIMB Group

CIMB Group is one of ASEAN's leading universal banking groups and is Malaysia's second largest financial services provider, by assets. It offers consumer banking, commercial 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 830 branches as at 30 June 2018. 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 around 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 51 billion as at 30 June 2018. The Group has over 36,000 employees located in 15 countries.


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