In his speech, DPM Gan noted that Singapore's financial sector “contributes about 14% of our GDP, and employs around 200,000 professionals, more than 80% of whom are locals”.
The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) have launched the Young Talent Programme for AI in Finance (YTP-AIF), a structured programme commencing this August that will equip undergraduates with "both applied AI and financial sector skills that are in demand", says IBF.
The announcement was made by Deputy Prime Minister Gan Kim Yong at the Financial Industry Fiesta 2026, held at Singapore Management University (SMU), as he stressed the need for more collaboration between education and employment amidst the changing jobscape.
