The Bank has been a part of the VTA’s initiative to train students who drop out of school after Grade 10 to equip them with skills necessary to thrive in the country’s construction industry since VTA first launched a specialised intervention titled ‘120 Days Training’ in 2015 to address the skills gap in the construction sector.
The programme entailed providing students with theoretical and hands-on training in the fields of masonry, carpentry, and plumbing.
Trainees that successfully complete their 120-day course are awarded the NVQ Level 3 certificate.
The syllabus also includes English language training specific to the construction industry, which would enable students to be eligible for foreign employment.
Commercial Bank supported the initiative between 2015 and 2020 by funding the resource personnel who conducted motivational training at these programmes and printing and providing training material pertaining to the course.
Further, in collaboration with the VTA the Bank also helped find employment opportunities for these students at reputed companies including Maga Engineering, Nawaloka Construction, Sripalie Construction, and Access Engineering with an entry level salary of Rs 50,000 upwards.
Officials of the VTA and the CSR Unit of Commercial Bank met with the management of these companies on many occasions and requested them to persuade the new recruits to continue their pursuit of NVQ Levels four, five, and six and ultimately earn the seventh and last certification which is a Civil Engineering Degree offered at the University of Vocational Technology, Ratmalana.
Commenting on its role in VTA’s training initiative, Commercial Bank Managing Director Mr S. Renganathan said:
“We recognise that the country’s labour force is one of the most important factors in development, irrespective of the sector.
A skilled workforce is critically important to the construction industry and by supporting VTA’s programme we hope to contribute to the sector’s development while helping build young Sri Lankans find rewarding careers.”
He noted that most of the students belonging to the first batch that completed VTA’s 120 Day Training programme are now NVQ Level 5 certified professionals who pursued their training while at work.
“It is heartening to note that if one is enthusiastic in this field, he or she can become a qualified and experienced Civil Engineer at the age of 23,” Mr Renganathan added.
Notably, the VTA programme is the only option available to those who leave school after Grade 10, to earn a Civil Engineering Degree or an equivalent, without going to university.
VTA was established in 1995 with the intent to provide skills for employment, especially to the rural masses of the country which constitutes 72% of the total population, and equip them with skills necessary to find employment opportunities both locally and internationally.
Sri Lanka’s first wholly carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 10 years consecutively, Commercial Bank operates a network of 268 branches and 932 automated machines in Sri Lanka.
The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.
Businesscafe Image Students at VTA training programmes.