Kuala Terengganu – TDM Berhad (“TDM” or “Group”) today signed Memorandum of Understanding (MoU) with the professional services organisation Ernst & Young PLT (“EY”) at Wisma Darul Iman as part of its long term plan to address the supply of skilled accounting and finance workforce to TDM and its subsidiaries. The signing ceremony was witnessed by Terengganu State Secretary, YB Dato’ Mohd Zahari Md. Azahar. The Group signed the MoU with EY to upskill and mentor selected talents through on-the-job learning.
The MoU features two programmes, namely the “Trainee Programme for Professional Accounting Qualification” and the “Staff Secondment Programme”, leveraging EY’s expertise in Assurance and Tax.
TDM Chairman, YM Raja Dato’ Haji Idris Raja Kamarudin said, “This collaboration is the outcome of several discussions that our team has had over the past couple of months with EY. It offers a valuable chance for our accounting talents to receive relevant training, and experience working with one of the leading accounting firms in the country. We hope this collaboration will serve as a platform for talents to hone their skills and to close the skill gaps and talent shortage in achieving our growth ambition.”
EY will train selected TDM talents for each programme, with the aims of imparting knowledge and expertise and sharing best practices of the private sector in audit and finance-related fields.
The candidates for the “Trainee Programme for Professional Accounting Qualification” will undergo two years of training with EY as trainees and will be employed subject to the terms and conditions of EY’s employment contract. On the other hand, TDM staff taking part in the “Staff Secondment Programme” will join EY for a period of six months, acquiring knowledge and skills in their areas of specialisation, and benefitting from new skills, experiences and relationships during their tenure with the organisation.
“It is our mission to stimulate human capital development in the State and also our Corporate Social Responsibility (CSR) commitment to empower not only TDM’s home-grown accounting professionals but also qualified finance graduates by providing them with a platform to realise their full potential and advance further in their professional career. We want to ensure our employees keep abreast with the relevant skills and expertise to support the organisation’s growth, respond to the increasingly complex challenges we face today and provide insights for decision making on value-creation opportunities,” he added.
Dato’ Megat Shah, Partner, Ernst & Young PLT said, “At EY, our purpose is to build a better working world and this initiative is a reflection of our commitment to this purpose. The programmes under this initiative are tailored to challenge and expose TDM talents to the vital experiences, knowledge and skillsets to progress in their profession and careers.
We wish to thank TDM and the state of Terengganu for the opportunity to collaborate and support this initiative and look forward to welcoming the TDM talents to explore and discover their potential in this profession.”
TDM Berhad was recently reinstated to the Securities Commission’s (SC) Shariah-compliant list and is now proudly one of the 715 Shariah-compliant stocks on Bursa Malaysia. Following the recognition, this collaboration of investment in human capital through high-quality corporate education and on-the-job learning is anticipated to further improve the Group’s performance in following through with its strategies and business plans to stay ahead.