Financial institutions can get as well as support for workforce transformation, while finance professionals can tap on (2.04 MB), offered by various government agencies. (804 KB)
In particular, MAS has set aside S$400 million in grant funding from the Financial Sector Development Fund for the Talent and Leaders in Finance Programme over 2021 – 2025 to support skills training and to develop more finance specialists and leaders in the Singapore workforce.
- Build workforce competencies in growth areas and provide training support for finance professionals at different stages of their careers
- Develop specialist talent in areas such as sustainability and technology
- Develop leaders through opportunities to acquire expertise, international exposure, and networks to help them succeed in their leadership roles
We provide support to financial institutions to enhance the job readiness of fresh graduates and to develop new talent pools for the financial sector.
We provide support to deepen competencies, reskill professionals to enable them to take on new or expanded roles and nurture specialist talent in technology and sustainability. Financial institutions are also encouraged to invest in their employees and in new talent, especially in growth areas like sustainability and technology.
Financial institutions  and individuals may tap on the following programmes and schemes, administered by the  :
We support financial institutions in developing and nurturing Singaporeans to assume leadership roles in the financial sector.
Financial institutions  may tap on the following programmes and schemes, administered by the (IBF)  to support this:
MAS and Google Cloud signed a MoU to collaborate on generative artificial intelligence (AI) solutions that are grounded on responsible AI practices.
MAS, through the Financial Sector Development Fund, will set aside S$8 million over the next three years for the Polytechnic Talent for Finance scheme. The scheme comprises three tracks: Internships, Apprenticeships, and Sponsorships.
At the Growing Timber Series, Mr Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth, and Board member of MAS, launched the Polytechnic Talent for Finance Scheme, to expand opportunities available to polytechnic students and graduates.
Mr Leong Sing Chiong, MAS’ Deputy Managing Director, spoke of insurers as important partners in helping governments and businesses manage physical and transition risks, and the important role that the insurance industry can play in empowering the development of the green economy in Asia.
At the Institute of Banking and Finance Distinction Evening 2022, Mr Gan Kim Yong, Minister for Trade and Industry spoke on seizing opportunities in new growth areas such as sustainability and digitalisation and technology, and the importance of equipping our workforce for the evolving financial services landscape.