MAS expands leadership training programmes for finance execs

It will also increase support for financial institutions to post more leaders abroad

- Zenith Wong

Singapore's central bank will broaden its financial training programmes and make them available to a wider range of executives in financial institutions.

The Monetary Authority of Singapore (MAS) will in 2025 launch two new leadership programmes, with one to be tailored for those at the managing director level and above to groom them for more senior roles.

The other caters to "high-potential middle-level professionals", such as those at the senior vice-president and director levels. This serves a wider range of individuals, more than twice the pool at the senior level, Minister of State for Trade and Industry Alvin Tan said on Oct 2.

Funding for the programmes will be offered under MAS' Asian Financial Leaders Scheme, enabling Singaporeans to defray 50 per cent of the programme costs, he said.