iTnews Asia
  • Home
  • News
  • Finance

UOB to set up S$500m IT and digital centre

UOB to set up S$500m IT and digital centre

For 3000 tech, innovation and digital staff.

By Ry Crozier on Apr 25, 2023 9:32AM

UOB will spend more than S$500 million on a new global technology and innovation centre in Singapore that will be home to around 3000 IT and digital staff.

The Singapore-headquartered bank is setting up the new centre in JTC’s Punggol Digital District, and will use it to develop new products and capabilities for the Asean region.

Staff that use the centre will be in “technology, innovation and digital roles”, and are expected to move in by the end of 2026.

It’s not clear how many of the roles will be consolidated from existing UOB office sites, versus how many will be new hires over the next two-and-a-half years.

The bank said it would use the new site to :”further its commitment in nurturing the next generation of tech talent”.

“UOB is pleased to be part of this smart nation initiative as the first Singapore bank and the largest commercial investor in the PDD,” deputy chairman and CEO Wee Ee Cheong said in a statement.

“Our investment here reinforces our commitment to grow our Singapore core, and to support our customers in Singapore and across ASEAN on their digital journey.”

The bank will also house an innovation accelerator and fintech innovation lab at the same site.

It will also implement smart workplace technologies at the site that are already used in other offices, “such as [a] smart LED lighting system, facial recognition access and workspace booking systems to support an agile working environment for better employee experience and productivity.”

To reach the editorial team on your feedback, story ideas and pitches, contact them here.
© iTnews Asia
Tags:
finance uob

Related Articles

  • Etiqa Insurance scales generative AI across customer and staff workflows
  • Thailand’s Roojai unifies operations, nearly doubles sales per agent
  • SB Finance partners PLDT Enterprise to modernise infrastructure
  • Philippines’ EastWest Bank modernises core banking systems
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Etiqa Insurance scales generative AI across customer and staff workflows

Etiqa Insurance scales generative AI across customer and staff workflows

AIA Group uses AI based solutions to improve customer experience

AIA Group uses AI based solutions to improve customer experience

DBS Bank leverages data to raise operational efficiency and customer engagement

DBS Bank leverages data to raise operational efficiency and customer engagement

Thailand’s Roojai unifies operations, nearly doubles sales per agent

Thailand’s Roojai unifies operations, nearly doubles sales per agent

All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of Lighthouse Independent Media's Privacy Policy and Terms & Conditions.