Foreign banks here say they are committed to developing a Singaporean core, stepping up efforts to groom and keep local talent.
Their comments came as Deputy Prime Minister and chairman of the Monetary Authority of Singapore Tharman Shanmugaratnam said at a banking industry event on June 10 that Singaporeans have to develop skills to prepare for the financial world of tomorrow.
Standard Chartered Bank and UBS said Singaporean staff are core to their operations and they regularly engage highly rated and highly valued local employees. They do it to find out how employees' career aspirations can be met and to keep them in the company as well as the industry.
Get a copy of tabla! for more stories.