AMTD, Xiaomi Finance, SMU, NUS-ISS unveil S$5m programme for digital finance leaders

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AMTD Group, Xiaomi Finance, Singapore Management University (SMU) and the Institute of Systems Science at the National University of Singapore (NUS-ISS) have launched a S$5 million programme catered for senior executives, fintech entrepreneurs and policymakers from Singapore, South-east Asia and the Greater Bay Area. Read more at The Business Times.

Calvin Choi, chairman and CEO of AMTD Group; guest-of-honour Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore; and Shouzi Chew, senior vice-president and president of International at Xiaomi Corporation. Lily Kong, SMU President; Tan Eng Chye, NUS President; and Khoong Chan Meng, CEO of NUS-ISS.

This will enable the leaders to harness digital financial solutions and services to drive business excellence, the organisations said. AMTD and Xiaomi Finance will contribute S$5 million to support this initiative. This funding will enable SMU and NUS-ISS to build the relevant curriculum and teaching resources, as well as support the cost of managing and organising the programme. Part of the contribution may also be used to fund scholarships to attract"the most outstanding" candidates from the public sector to join the AXSI Programme, the organisations said.

The programme will have two runs each year and will welcome its first cohort of participants in November this year. Each run will have up to 25 participants. The inaugural run has also been designed to coincide with the Singapore FinTech Festival, which is slated to take place from Nov 9 to 13, 2020.

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