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Maybank’s financial literacy initiative targets students at PIO

Kazi Mahmood / Khmer Times Share:
Mohd Hanif Suadi, CEO Maybank Cambodia, and Qazreen Chan Abdullah, head of corporate affairs & communications. Supplied

With the theme ‘Maybank Cares – Impact, Engage & Empower’, Maybank Cambodia rolled out its financial literacy campaign at five different locations in the country aiming at promoting prudent management of finances among youngsters.

In May, Maybank extended its popular financial literacy programme for four more years, expanding to new schools and reaching nearly 20,000 students.

Saturday’s campaign at the People Improvement Organisation (PIO), located in Stung Meanchey commune in the southeastern part of Phnom Penh, will help build a responsible and financially inclusive society, the Malaysian bank said.

“In Phnom Penh, the programme was held at the PIO, a school Maybank Cambodia has been collaborating with in another Maybank Child Sponsorship programme which supports underprivileged students to pursue formal education,” said the bank.

Maybank Cambodia CEO Mohd Hanif Suadi said the initiative will improve financial awareness in children, and help them understand the importance of good personal financial management practices in an increasingly complex financial world.

“Various activities, including financial literacy classes, history of the Cambodian Riel, fun and exciting financial quizzes, as well as games and competitions, will be organised for the children. We look forward to a rewarding learning experience for both our employees as well as the student community at large,” he said.

This year, 95 initiatives are being carried out by employees across the banking group. These include various community projects involving children and adults with disabilities, the visually impaired, the elderly, single mothers and orphans, as well as programmes that focus on environmental protection.

At PIO, students dutifully followed the lectures given by Maybank employees. Most of them took notes, while the younger ones, with their gift packs under their arms, greeted the guests of honour.

This weekend’s financial literacy campaign, involving 300 Maybank Cambodia employees, will impact more than 1000 children across five different locations in the country, the bank said.

Saturday’s event coincided with the bank’s corporate responsibility day, known as Global CR Day. Maybank’s chief human capital officer Nora Manaf said the day serves to reinforce Maybank’s mission of humanising financial services through activities that strengthen its ties with the community.

“As one of the largest banking groups in the region, Maybank is aware of the responsibility we shoulder in helping to advance the communities where we operate. The campaign is one of the ways we collectively reinforce our commitment to progressing together with all our stakeholders,” said Ms Manaf.

Maybank employees from all over the world came out to take part in a number of initiatives, including environmental awareness programmes, as well as teaching financial planning skills to children and the underprivileged.

Employees from all departments spent time with senior citizens and orphans, the disabled and marginalized, as well as school children and youngsters.

Maybank’s Global CR Day was first held in 2010 at the time of the bank’s 50th anniversary.

“Over 10,000 employees took part in that inaugural event. The increasing number of participants over the years reflects the strong team spirit among employees as they come together to participate in such a unique global volunteer programme,” the bank said.

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