Singaporeans account for 44 per cent of senior roles, PRs account for 20 per cent and work pass holders 36 per cent.
It is also worth noting that the overall size of the pie has grown. While the share of Singaporeans in senior roles has remained steady, the absolute number of Singaporeans in these roles has increased correspondingly. "MAS and EDB are in touch with about 2,000 such overseas Singaporeans. About 120 are C-suite executives, another 750 hold director/vice-president positions and higher," he said.
MAS is also working with the industry to groom Singaporeans to be leaders and specialists in financial services. Mr Ong highlighted two schemes, the Finance Associate Management Scheme , which supports financial institutions to hire and groom Singaporeans through structured talent development programmes, and the International Postings scheme, which incentivises financial institutions to send Singaporeans for international exposure.
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