Singapore’s Institute of Banking and Finance launched IBF Career Connect, aiming to reskill financial industry professionals for new jobs

Briefing

Singapore’s Institute of Banking and Finance launched IBF Career Connect, aiming to reskill financial industry professionals for new jobs

August 3, 2018

Briefing

  • Career Development for Financial Professionals – Singapore’s Minister for Education Ong Ye Kung launched Institute of Banking and Finance (IBF) Career Connect to train financial industry workers for new jobs
  • Changing Job Landscape – IBF poll of 1,000 financial industry professionals in June 2018 found that 70% of respondents said technology has changed or will change scope of work, with 90% believing acquiring new skills is important
  • Career Advisory – IBF career adviser can assist professionals on hiring trends, skills required for specific jobs, and available training programs to increase employability
  • Job Matching – Will connect individuals with other industry professionals through networking and career-related events
  • Job Transition – IBF working with the Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) to transition individuals for high-demand jobs, such as those focusing on artificial intelligence, cybersecurity and data analytics

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Financial Services

Organization

Institute of Banking and Finance (Singapore)

Source

Original Publication Date

August 1, 2018

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