19 Jul 2018
SIM Global Education (SIM GE) and the Singapore Fintech Association (SFA) signed a Memorandum of Understanding (MOU) on 10 July 2018 to promote the use of fintech in Singapore as well as to develop talent to support the rapidly growing fintech industry.
This is the first-ever collaboration SFA is undertaking with a private education institution to further its outreach and engagement with tertiary students. Through this, SFA hopes to further educate and cultivate the use of fintech through the promotion of programmes and events; facilitate SIM GE students’ participation in workshops and conferences organised by SFA; and draw new talent to fintech through providing internship and work attachment opportunities in Singapore and overseas.
According to a recent Info-communications Media Development Authority (IMDA) survey, it is estimated that 3,400 network and infrastructure related job roles, and another 2,700 in data analytics and IT security, will be added to the industry between 2017 and 2019.
Mr Chia Hock Lai, President of SFA noted that the potential for the industry is great, particularly when Singapore plays a vital role in serving as a fintech hub for start-ups and corporates globally and regionally. He said the collaboration with SIM GE will provide a platform to deepen students’ awareness of Singapore’s fast growing fintech industry.
Dr Timothy Chan, Director of Student Life, SIM GE sees the partnership with SFA as a win-win partnership that will help to pave the way for more career opportunities for SIM GE students and at the same time, help build a talent pool that is vital for the fintech industry.
The MOU signing ceremony was followed by a panel discussion on careers in fintech, moderated by Dr Lillian Koh, CEO of FinTech Academy.
MOU signatories (from left) Dr Chan and Mr Chia, flanked by Marc Leong from Maybank Singapore,
Moira Lesslar from SIM GE’s Career Connect office, Simona Halperin, the Israeli Ambassador to Singapore and Dr Lillian Koh.