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Yayasan Peneraju Shifts Focus From Wealth To Leadership Development

KUALA LUMPUR: Yayasan Peneraju Pendidikan Bumiputera (Yayasan Peneraju), a transformative agency in Bumiputera talent development, is shifting towards value creation following 12 years of wealth creation efforts.

Chief executive officer Ibrahim Sani said the organisation is repurposing technical and vocational education and training (TVET) to concentrate more on specialist, technology, and business services sectors. He said the programmes offered were previously based on professions or jobs. However, the agency aims to shift from this old mindset and focus more on value creation. “Yayasan Peneraju’s new approach aims to foster three types of leaders – business, professional, and social. The ultimate goal is to address a more significant issue – the low participation and control of the Bumiputera economy,” he said in a recent statement.

According to Ibrahim, the only way to address this problem is by re-skilling and up-skilling Bumiputera talents to meet the needs of both new and old sectors while acknowledging the imperative for agile responses to socio-economic challenges. “Energy transition, energy saving and food security are among the emerging sectors, while finance and business services are the old sectors,” he added. The government established Yayasan Peneraju to strengthen capacity-building towards the sustainability of Bumiputera talents. Its mandate is to improve the quality, quantity, and relevance of Bumiputera talents in line with the efforts to develop Malaysia into a high-income nation through structured academic, TVET, professional, technology, and specialist funding programmes.

In a proactive bid to stay at the forefront of industry trends, Yayasan Peneraju is currently undergoing a comprehensive digitisation process. Harnessing the power of automation, artificial intelligence (AI) and analytics, the organisation aims to streamline its operations, ensuring an enriched experience with the involvement of its alumni.

The agency will showcase its transformative journey in the upcoming rebranding initiative scheduled for April 18 with the minister of economy Rafizi Ramli, unveiling this rebranding, symbolising a visionary 10-year strategic direction for Yayasan Peneraju, and a dialogue session with Yayasan Peneraju’s beneficiaries.

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