KUALA LUMPUR: The Securities Industry Development Corporation (SIDC) released its 2014 annual report themed Progressive.
Collaborative. Transformative in conjunction with its AGM held recently.
This years report, the eighth since SIDC's incorporation in 2007, embodies the kick-off year of its new five-year strategic business direction to become an internationally recognised capital market learning and development solutions provider for market professionals, regulators and investors in Malaysia and emerging markets.
Positioning itself as a strategic learning and development partner for the capital market industry, SIDC aims to heighten collaborations with industry players to respond to capital market talent development needs and issues, set competency standards for capital market job roles and offer targeted learning solutions and consultancy services for different areas, competencies and levels within the capital market.
SIDC implemented a total of 192 programmes for 12,835 participants in 2014, covering a majority of capital market-related topics under four categories: market intermediaries and talent pipeline development, directors training, investor education, and consultancy and international regulators programmes.
Most of its programmes for the year achieved or outperformed their targets for quality ratings and participant numbers.
As part of SIDC's new strategic direction, the organisation in 2014 also began the development of an industry-wide competency framework for the Malaysian capital market.
SIDC chief executive officer Azman Hisham Che Doi said in the annual report the project is an important undertaking by SIDC with significant impact in supporting the creation of competent capital market participants when completed in 2016.
Serving as a guide to raise the standards of talent development in the capital market industry, it will also underpin SIDC's future direction in programme design, development and delivery.
Azman also said SIDC will be moving towards a wider course curriculum across categories that are relevant to the industry through its portfolio of structured programmes for specific job roles.
He added that the organisation will continue to strengthen its offerings in the core areas of professional development, Islamic capital market, corporate governance and capital market regulations while at the same time accelerating its industry engagement activities and playing a bigger role as the collaborative link between industry, regulators, higher education institutions and individual market professionals.
The annual report is available online at www.sidc.com.my. - Bernama
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