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CIMB Islamic Bank’s rider entrepreneur scheme empowers B40

CIMB Islamic Bank’s rider entrepreneur scheme empowers B40

KUALA LUMPUR: CIMB Islamic Bank Bhd’s commitment to empower the asnaf and B40 communities saw it recently organising a motorcycle handover ceremony for the first batch of 33 participants of the CIMB Islamic Rider Entrepreneur Programme.

“Supporting Bank Negara Malaysia’s iTEKAD umbrella of initiatives aimed at contributing to the economic empowerment of the asnaf and B40 communities, the programme was run in collaboration with Yayasan Belia Malaysia (YBM), Taylor’s Community and online food delivery service provider foodpanda,” it said in a statement on Monday.

At a virtual ceremony, the CEO of CIMB Islamic Ahmad Shahriman Mohd Shariff, was joined by YBM chairman Datuk Dr Suhaimi Ibrahim; the head, corporate communications and corporate social responsibility at Taylor’s May Wong and foodpanda’s director of operations, Kelvin Chan.

They congratulated the group and deliver the vehicles for the next stage of the programme, which is immediate employment with Foodpanda as a food delivery rider.

All 33 candidates were presented with a new motorcycle each, complete with helmet and raincoat. Foodpanda registration fees of RM150 and the first year’s motorcycle registration were also covered as part and parcel of the programme.

“Through CIMB Islamic’s sponsorship commitment of RM300,000, the CIMB Islamic Rider Entrepreneur Programme aims to give back to the community by providing quality training and job opportunities, especially to youth who are impacted by the Covid-19 pandemic.

“The programme is coordinated by YBM with training provided by Taylor’s and foodpanda as the workplacement partner of the programme. Once the riders successfully complete their one-year workplacement with foodpanda, they have the choice of either continuing their employment with foodpanda or setting up their own enterprise.

CIMB’s MicroBizReady entrepreneurship training programme, with a special microfinancing facility, as well as the Program Keusahawanan Taylor’s-CIMB Islamic, offers business grants, are available to support those who opt to start a business after their one-year commitment.

Ahmad Shahriman said the programme represents another key milestone in its efforts to uplift communities such as the asnaf and B40 who are impacted by the current challenging environment.

“Through providing an opportunity to gain entrepreneurial skills and improving livelihoods, this initiative demonstrates our actions in looking for avenues to positively impact the communities in which we operate, reflecting our commitment to value-based intermediation,” he said.

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