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Entrepreneurial ambitions reshape Singapore’s finance sector

Newsflash Asia

- May 16, 2025

A recent survey by the Association of Chartered Certified Accountants (ACCA) has highlighted a significant shift in career ambitions among finance professionals in Singapore and the Asia Pacific region.

The 2025 Global Talent Trends survey found that 37% of Singaporean finance professionals and 52% across Asia Pacific are keen to become entrepreneurs. Additionally, 65% of Singapore respondents expect to change roles within the next two years, reflecting a dynamic shift in the workforce.

The survey, which is the largest of its kind in the finance sector, gathered responses from over 10,000 professionals worldwide. It revealed a growing interest in sustainability-related careers, with 61% of Singaporean respondents expressing a desire to focus on environmental issues within accountancy. This trend aligns with the increasing demand for purposeful work that addresses high-value challenges.

Despite the enthusiasm for new career paths, there is concern about skill development, particularly in artificial intelligence (AI). A significant 65% of Singaporean professionals worry they are not acquiring the necessary AI skills for future workplaces. This concern is compounded by the fact that only 27% of organisations currently offer AI-related learning opportunities.

Workplace wellbeing remains a critical issue, with 53% of Singapore respondents reporting that work pressures negatively impact their mental health. The survey also highlighted a preference for hybrid working models, although 41% of respondents still work full-time in the office, indicating a potential disconnect that could affect employee engagement.

Daniel Leung, ACCA Singapore’s Country Manager, emphasised the need for organisations to invest in their talent pool to ensure long-term resilience. He stated, “It is imperative for employers to challenge the status quo and invest in their talent pool to ensure long-term resilience for organisations.”

The findings underscore the evolving landscape of the finance profession in Singapore, driven by entrepreneurial ambitions and the pursuit of meaningful work. As the sector adapts to these changes, organisations are encouraged to support skill development and address workplace wellbeing to retain talent effectively.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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