A board member of Singapore’s financial regulator has announced that two programs focused on supporting leadership talent in finance will be launched.
The Monetary Authority of Singapore (MAS) will launch two leadership programs for the financial sector in 2025 as part of its efforts to develop senior talent, according to board member Alvin Tan in a speech at the «Asian Financial Leaders Program Graduation».
«Financial leaders are critical to Singapore’s position as a trusted and dynamic global financial center,» said Tan who is also Singapore's Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth.
«We must always be open and connected, welcoming to the best talent from around the world to be part of our team, working together with financial leaders that we are growing here at home.»
Two Levels
The first program will focus on two levels of financial leaders. This includes those who are managing directors or above and have the potential to progress to more senior leadership roles. The other targets «high potential middle-level professionals» at the senior vice president and director levels.
MAS will also introduce a second program that aims to «further support and encourage financial institutions to send Singaporean leaders for overseas postings».
More details will be later released on the regulator's website.
