This was revealed by Ravi Menon (pictured above), MAS’s managing director, in his opening remarks for the Singapore Financial Forum 2022 on Thursday.
As the local weather disaster continues to unfold, there may also be sturdy demand for roles in sustainable finance. According to Menon, these jobs embody execution of ESG transactions, advisory companies and product growth. Many of these jobs search to mix conventional finance experience – comparable to product structuring, danger administration, reporting and pricing – with new information on sustainability.
“Singapore’s financial centre is doing exceedingly well, and prospects remain bright for the years ahead,” Menon stated.
While the COVID-19 pandemic precipitated enormous upheavals in many industries, it didn’t stunt the financial sector’s progress. The sector grew by an annual common of 7.2% throughout 2020 and 2021, or 4 occasions sooner than the general financial system, Menon stated.
In the previous two years, round 5,800 jobs had been created in financial companies. Singapore additionally strengthened its standing as an innovation hub, internet hosting greater than 50 international and regional innovation labs and 1,400 fintech companies.
In 2021, Singapore noticed a record-high US$3.9 billion (SG$5.39 billion) in fintech investments, up to US$2.5 billion in 2020.
“The future of financial services in Singapore is shining bright,” Menon stated. “Despite all the challenges facing the global economy, Asia remains the most dynamic region of growth in the world. This bodes well for the growth of our financial centre.”
Singapore to offer thousands of new financial jobs in 2022 & More Latest News Update
Singapore to offer thousands of new financial jobs in 2022 & More Live News
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Singapore to offer thousands of new financial jobs in 2022 & More News Today
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