As part of the initiative, UCEP Bangladesh will conduct a rapid needs assessment study to identify the skills gaps in both formal and informal sectors, as well as the opportunities opening up amid the pandemic
Standard Chartered and UCEP Bangladesh on Sunday launched a re-skilling and employment reintegration programme for economically vulnerable individuals who lost their livelihoods due to Covid-19.
As part of the initiative, UCEP Bangladesh will conduct a rapid needs assessment study to identify the skills gaps in both formal and informal sectors, as well as the opportunities opening up amid the pandemic, said a press release.
Based on the findings of this study, demand-driven training programmes will be developed that prepare participants with the skills to best meet current and future demands of the job market.
The graduates will then go through a job placement programme to complete their reintegration within the economy.
Naser Ezaz Bijoy, CEO of Standard Chartered Bangladesh, said that their partnership with UCEP aims to help the pandemic-impacted workforce to become future fit and get reintegrated as gainfully employed workforce.
UCEP Bangladesh will reintegrate the youth and adults who have lost their jobs due to Covid-19 with wage and self-employment through Recognition of Prior Learning assessment, up-skilling and entrepreneurship development training, said Tahsinah Ahmed, its executive director.
Standard Chartered has been focusing its community support measures in various areas, including life-sustaining aid and hygiene supplies to 120,000 individuals and 3,600,000 meals through Bidyanondo Foundation, Brac and Kumudini Welfare Trust.
The bank had also announced a broad range of support measures for its retail customers and businesses, including loan repayment holidays, fee waivers or cancellations and loan extension facilities, in addition to the government-led support measures.