Singapore's Wealth Management Institute has introduced a new program aimed at providing philanthropy-related training to industry professionals and participants.

The Wealth Management Institute (WMI) has introduced the Changemaker Impact Endeavour Fellowship (CHIEF) program during its Global-Asia Family Office (GFO) Summit, according to a statement. The two-day summit is taking place at Grand Hyatt Singapore on September 16 and 17.

The program will «reimagine the purpose of capital, explore the impact landscape, assess the viability and scalability of impact projects, and delve into how various financial models may be suited to different contexts» with the aim of training 1,000 wealth owners, social innovators and philanthropy professionals by 2028.

Curriculum Overview

The seven-month program is developed in collaboration with the London School of Economics (LSE) Marshall Institute.

In addition, participants will learn directly from industry leaders like Jed Emerson, creator of Total Portfolio Management, and Bruno Roche, founder of the Economics of Mutuality. They will also take part in learning journeys to the UK and Asia with on-ground exposure to social innovations.

WMI’s ACC

The CHIEF program becomes another philanthropy-focused initiative within the suite of the Asia Center for Changemakers (ACC), a learning lab for impact capital established at WMI this year. The lab has received S$15 million ($11.6 million) in funding pledged by Temasek Trust and Philanthropy Asia Alliance to bolster philanthropic capabilities, with 250 participants trained thus far.

«ACC is dedicated to redefining philanthropy in Asia by equipping leaders with the skills and strategic insights needed to drive meaningful impact. We aim to build a robust ecosystem of changemakers capable of addressing the region’s most pressing challenges,» said WMI CEO Foo Mee Har.

«Our vision is for the CHIEF program to serve as a catalyst for fostering a lifelong community of like-minded individuals who will collaborate to develop transformative solutions for Asia.»