ST ran an article earlier this week on how our banks are developing their local talent pool. For example, OCBC just opened a new campus to train its officers. Citibank highlighted that it will take steps to develop home-grown talent, so that Singaporeans can fill most of the key positions in the bank. These are steps in the right direction. They indicate that the measures being taken by the Government and MAS to build a pipeline of Singaporean leaders in the financial sector are gaining traction in the industry. As these measures unfold, I believe we will see more visible results in the future. With more complex financial products and more sophisticated consumers, we will need more skilled professionals to support our financial sector. A recent HR survey showed that one out of two financial leaders in Singapore found it “very challenging” to find skilled financial professionals. Half of those surveyed said that they were “very concerned” about losing their top performers. These are the realities we face in the financial industry today. So we must do more to train and equip our own financial sector workforce. Ultimately, we want a strong core of homegrown financial specialists and leaders – a pool of Singaporean talent who are committed to our nation’s development, who are passionate about our country’s success, and who will help us develop our value proposition as a premier financial centre.
Posted on: Fri, 07 Jun 2013 01:46:10 +0000
Trending Topics
Recently Viewed Topics
© 2015