UOB and ABS Launches Malaysia’s First Certification Programme for Wealth Advisers

United Overseas Bank (Malaysia) Bhd (UOB Malaysia) partners with the Asian Banking School (ABS) to launch Malaysia’s first executive certification programme.

The UOB-ABS Wealth Advisory Certification Programme is aimed at financial advisers whose customers hold more than RM3 million in investments, to raise the standards of wealth advisory in the industry. The programme is the first wealth management programme in Malaysia to certify bankers with accredited wealth advisory skills, intended to help the industry serve complex needs of Malaysia’s growing number of high-net-worth (HNW) individuals.

Developed by the Melbourne Business School (MBS), the programme runs for six months and is administered by the ABS. Combining classroom-teaching with on-the-job coaching, it will offer participants  insight into wealth and portfolio management practices; covering topics in corporate finance, investments, wealth management, consumer behaviour and decision making processes. Beyond portfolio management, the programme is designed to address specific investment needs of HNW customers. These include understanding the role of wealth structuring, tax planning and family offices.

Ms Agnes Chew, Director of Training, Asian Banking School; Professor Colyn Gardner, Chief Executive Officer, Asian Banking School; Mr Ronnie Lim, Managing Director and Country Head of Personal Financial Services, UOB Malaysia; Mr Lee Voon Seng, Executive Director and Country Head of Human Resources, UOB Malaysia and Mr Greg Campbell, Associate Dean – Asia Pacific & Open Programmes, Executive Education, Melbourne Business School.

Upon completion, participants are awarded a Professional Certificate in Management by the University of Melbourne and a Professional Certificate in Wealth Management by MBS. The certification can be used towards meeting the accreditation requirements of other specialist courses offered by the university.

Mr Ronnie Lim, Managing Director and Country Head of Personal Financial Services, UOB Malaysia, said: “Malaysia’s HNW wealth is projected to grow by 31.9 per cent to reach US$210.6 billion (RM888.7 billion) by 2020. As customers’ wealth increase, so does the complexity of managing their assets and financial objectives.  As such, understanding a HNW customer’s needs at various stages of their life and being able to give them tailored advice that goes beyond portfolio management and wealth accumulation are essential.

The UOB-ABS Wealth Advisory Certification Programme is part of UOB Malaysia’s career development programme to encourage continuous training and skills development among its employees. The first intake for 2017 will commence in November.


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