ACLEDA Institute of Business prepares students for successful banking careers

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Minister of Economy and Finance Aun Pornmoniroth launching the Acleda Institute Business. SUPPLIED

Created to bolster knowledge and professional skills in the Kingdom, ACLEDA Institute of Business has been building careers in finance since 2016.

ACLEDA Institute of Business (AIB) was established with twin purposes – to produce quality talent for the domestic financial sector and to nurture ACLEDA Bank’s staff to drive one of the fastest growing financial intuitions in the Kingdom.

A wholly owned subsidiary of ACLEDA Bank, it offers a diverse education in business and finance through its in-campus and online lessons to both the public and institutions.

AIB offers professional training services in the field of finance and banking to local and international students and graduates, participants from other organisations and the public, as well as the staff of ACLEDA Bank.

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The signing ceremony for the establishment of the ACLEDA-ASEAN Regional Microfinance Training Center with the support of the Cambodian government and co-financed by Germany through KfW. SUPPLIED

“Our vision is to be the leading business school with the highest quality standards for future generations to support the socio-economic development of Cambodia and the wider region.

“We provide quality higher education, through on-campus and digital courses, to build knowledge, professional skills, creative and innovative potential, experience, ethics and networking to enhance professional future careers.

“Our motto is ‘An Institute for a Successful Professional Career in the Financial Industry,” AIB managing director Dr Phon Narin said.

More than 400 students have graduated from the special training institute, which was set up in 2016 and is located on Phnom Penh-Hanoi Friendship Boulevard.

As of October, AIB has offered 66,066 training courses to 740,679 ACLEDA Bank staff.

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Acleda Institute of Business provides quality higher education through on-campus and digital courses. SUPPLIED

AIB provides Training of Trainers (ToT) to trainer members of ACLEDA Bank and provides new recruit training, introductory training, skills development training and refresher training to ACLEDA Bank management and staff.

Each academic year, AIB rewards high achievers by awarding scholarships, with 100 per cent offered for first place and 50 per cent for second, while for others a certificate of appreciation is presented.

AIB offers tailor-made training to meet an organisation’s areas of interest, and AIB staff also work with organisations to assess training needs, design curricula, deliver capacity building and participate in learning events.

Such training is designed for organisations singly or in groups.

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More than 400 students have graduated from the institute. SUPPLIED

Field visits are included to expose students to on-the-ground workings of ACLEDA in a variety of areas, such as credit, savings or back-office functions, including internal auditing and treasury management.

In addition, the Study Visit Programme also allows local and international visitors to meet with ACLEDA Bank management and specialists to learn a variety of technical and managerial subjects as part of AIB’s activities.

Another focus of AIB is the Building Inclusive Financial Sector Programme, which is specially organised for MFIs, central bankers, policy makers and government officials.

“After attending training courses with AIB, participants will have gained greater knowledge and skills based on the successful experience and the best practices of ACLEDA.

“The training courses are designed to be participant-centred, focusing on how to get the best performance and increase productivity and profitability,” said Narin.

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