Commonwealth Bank’s $90m plan for AI-ready workforce

2026-02-25 04:05:08

The programme “represents a structural redesign of how skills are developed and how careers will evolve within Commonwealth Bank” the bank says in an announcement.

“Businesses and workers have to prepare for a future where AI plays a bigger part and the way work gets done is different,” says CEO Matt Comyn “The impact will be uneven and it’s not certain what the pace will be, but we are trying to get ahead of it."

Backed by an investment of $90 million over three years, the new Future Workforce Program includes a Grow Your Career portal that’s designed to help employees discover - based on their skills and experience - job opportunities across the bank and understand how their roles and careers could evolve.

The bank says AI-focused training has already been provided to more than 30,000 employees.

While AI is a focus of the programme, the bank offers training covering a wide range of skills and topics.

Comyn says non-technical skills like judgement, critical thinking, problem solving, and empathy would remain highly valued and critical to the bank’s recruitment and development programmes. The new initiative was designed to help more people move into higher-value roles where those skills were in demand.

Earlier this month CommBank released a report detailing its approach and progress in adopting AI, and in December announced a partnership with ChatGPT parent OpenAI to help upskill small business in skills like AI and cybersecurity.

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