DPM Fadillah: M’sia’s financial sector poised for transformative change with Future Skills Framework

KUCHING (Sept 14): Malaysia is poised for transformative change with the recent launch of the Future Skills Framework (FSF) for the financial sector, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

He said the FSF, a key component of the Financial Sector Blueprint 2022 – 2026 by Bank Negara Malaysia (BNM), aims to identify talent landscapes, future job trends, and structural shifts.

He explained this was to prepare Malaysia’a workforce, ensuring adaptability and relevance while bridging talent gaps.

“These initiatives align seamlessly with the visions of Malaysia Madani and the Sarawak government, which prioritise harmony, unity, and cooperation,” he said in his speech at the Pertubuhan Insuran Sarawak (PIS) 45th Anniversary dinner on Friday.

His speech was read by his political secretary Irwan Zulkarnain Muhammad Hasbie.

On PIS, Fadillah said he has full confidence in PIS leading the charge in promoting inclusive growth and professionalism within the insurance fraternity, particularly in Sarawak.

“Your commitment to educational programmes for members and the general public is commendable and will undoubtedly cultivate a higher standard of qualified insurance practitioners, enhancing public confidence in the industry,” he said.

He was also confident that PIS, with the support of BNM and other associations within the insurance fraternity, would successfully engage and organise outreach programmes that contribute to the progressive development of insurance transformation in Sarawak.

Meanwhile, PIS president Stephen Yii said the association is currently the only active insurance association representing a state or region in Malaysia.

He said PIS aims to promote the common interest of the insurance industry in Sarawak and provide educational, social, recreational, welfare and training facilities to members of the industry.

Those present at the dinner included chief executive officers (CEOs) and senior management of insurance companies, brokers, adjusters and their associates.

Also in attendance were representatives from Persatuan Insuran Am Malaysia, Life Insurance Association of Malaysia, Malaysian Insurance & Takaful Brokers Association and the Association of Malaysian Loss Adjusters.