Over 80,000 finance workers to get AI training by 2028 as industry launches job transformation initiative
23 financial institutions have committed to training their entire Singapore workforce in critical artificial intelligence skills by 2028 through programmes recognised by the Institute of Banking and Finance.
23 financial institutions in Singapore have pledged to train their entire workforce in critical AI skills by 2028, according to Deputy Prime Minister Gan Kim Yong. The initiative, called the IBF AI Workforce Co-Lab, is a collaboration between the Institute of Banking and Finance (IBF) and the financial institutions themselves. The primary goal is to assess how AI is transforming jobs and develop practical approaches to training and job redesign.
Over half of employees in the participating institutions have already received AI training, ensuring a solid foundation for working with artificial intelligence. The Co-Lab will develop role-specific pathways to help workers acquire necessary skills, with the overarching aim of preparing the workforce for the changes AI will bring to the financial services sector.
Written by urgent.news from CNA - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
