Gov’t seeks to create 3,000 financial sector jobs a year

This is under the Financial Services Industry Transformation Map 2025.

As Singapore seeks to become the leading financial centre in Asia, Deputy Prime Minister and Finance Minister Lawrence Wong underscored supplying talent for the financial sector.

With this, Wong said they are targeting to create 3,000 to 4,000 jobs for the financial sector under the Financial Services Industry Transformation Map 2025, to help the financial services segment grow by 4% to 5% per year.

“If we do this right, our financial centre will continue to stay relevant and competitive, and be a key global financial node that connects global markets, supports Asia’s development, and serves Singapore’s economy,” Wong said during a speech at the transformation map launch.

From 2021 to 2025, the Financial Sector Development Fund will allocate $400m to boost the Talent and Leaders in Finance programme, to develop specialists and leaders in finance.

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MAS

Ministry of Finance

Lawrence Wong

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