The Asian Institute of Chartered Bankers (AICB) has launched FSF Xcel, Malaysia’s first industry-wide digital skills assessment platform for the financial sector. Developed with Accendo Technologies, FSF Xcel enables institutions to benchmark workforce capabilities, identify skill gaps, and accelerate upskilling across 159 job roles and 157 critical skills.
AICB Launches FSX Xcel
It builds on the Future Skills Framework (FSF) introduced in 2024 and supports Malaysia’s shift toward a digitally fluent, innovation-driven financial ecosystem.
The platform aligns with Bank Negara Malaysia’s Financial Sector Blueprint 2022–2026 and offers real-time analytics to guide workforce planning and talent development. AICB’s 2025 Workforce Baseline Study revealed that 96% of institutions support a standardised digital assessment platform, with 40,000 roles expected to evolve due to automation.
FSF Xcel will be rolled out from Q4 2025, reinforcing Malaysia’s position as a regional hub for skilled financial professionals and addressing the urgent need for future-ready talent in a rapidly changing economy.
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