Over 4 in 10 senior management roles in banks are Singaporeans: MAS

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No The regulator assures that citizens are well-represented in local senior roles. About 43% of senior management roles in Singapore’s banking sector are made up of Singapore citizens, according to Monetary Authority of Singapore (MAS) managing director Ravi Menon. Singapore citizens also reportedly account for about 70% of the whole financial industry’s workforce, whilst 14% are made up of permanent residents—a sign that “Singaporeans are well represented across business functions.” read more