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

August 3, 2018

  • 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
Business Model and Practices: Smart, Creative People
Sector: Financial Services
Organization: Institute of Banking and Finance (Singapore)

Original Publication Date: August 1, 2018

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