Overview

The Asian Financial Leaders Programme (AFLP), initiated by the Monetary Authority Singapore (MAS), has the strategic intent of developing a core of senior Asian financial leaders amongst their corporations’ top leadership.

The AFLP equips senior financial leaders aspiring to take on global or regional leadership roles with the knowledge and capabilities to operate effectively across business, economic and regulatory environments.

Since its launch in June 2015 by President Tharman Shanmugaratnam at the 42nd Annual Dinner of Association of Banks in Singapore, the AFLP has attracted distinguished participants from renowned financial institutions (FIs). Their participation has greatly enriched the programme, fostering collaboration and driving growth in the Asian financial industry.

Who Should Attend?

Senior leaders of financial institutions (FIs) in Asia: Who are at least MDs and above, like CEOs, C-1, C-2 leaders in roles that undertake executive decisions (usually with more than 15 years of related work experience).

Key Benefits

  • Strengthened ability to understand the complexities of regional and global economic landscapes
  • Confidence to lead across cultures and reconcile dilemmas and competing values
  • Deep understanding of diverse business, regulatory, and legal environments for FIs to operate successfully in Asia, Europe and the greater global arena
  • Broadened perspectives on innovation, technology and leadership to maintain competitive edge as high-performing FIs
  • The privilege to be part of HCLI’s alumni network of senior leaders across the region and beyond

Programme Experience

This 6-module, 21-day programme spans 9 months across 3 continents and 5 countries. The modules consist of highly customised content for Asian financial leaders, which leverages cutting-edge knowledge from world-class faculty and experience from top business leaders. 

The AFLP provides excellent global networking opportunities. Participants receive five certificates from renowned international institutions upon completion of the programme.

Module 1
(Singapore)

Nov 2025

Human Capital Leadership Institute

Module 2A
(USA)

Jan 2026

California

Module 2B
(Switzerland)

Mar 2026

IMD

Module 3A
(China)

Apr 2026

University of Indonesia

Module 3B
(Indonesia)

May 2026

Tsinghua University

Module 4
(Singapore)

Jul 2026

Singapore Management University

Fees & Funding

Programme Fee

SGD 50,000 per participant (subject to GST)

The programme fee excludes:

  • Travel
  • Accommodation

Singapore citizens who are sponsored by their FIs and complete the programme by 31 December 2025 are eligible for 50% subsidy of the programme fee under the Asian Financial Leaders Scheme (AFLS), subject to a cap of $25,000.

Please write to afls@ibf.org.sg for enquiries on funding eligibility.

The AFLP curriculum was well structured and provided an outstanding learning experience with world-class faculty and exercises. The quality of the speakers and their generosity in sharing their knowledge and experience is highly appreciated by all. The depth of experience and expertise that each attendee brings from different parts of the financial sector created a truly diverse and engaging learning environment for the class. I look forward to applying what I learned from this programme in my career development and more importantly, share relevant lessons learned with my team. Last but not least, the opportunity to be able to network and work together with a group of senior financial leaders is priceless.
Managing Director, Head of Corporate Banking

 Citibank Singapore

This was a once in a lifetime opportunity to network and share ideas, and challenge my mindset, together with some of the best and brightest from the financial industry in Singapore, and some of the best minds in academia from around the world.
APAC Head, Wealth Planning and Singapore Head, Investment Platforms and Solutions

UBS AG

This is a programme which really widened my perspective with exposures to better understand the latest trends in Europe, US, North Asia and South-East Asia. It has been very rich in learnings and really worth my time investment.
Managing Director, Regional and Singapore Head Sales and Distribution, Personal Financial Services

United Overseas Bank Limited

It has indeed been a privilege to be part of the first batch of AFLP participants. The diversity of participants from the various segments of the financial industry is one key strength of the programme. I doubt there is another programme that offers the same level of diversity, experience and intensity. As the programme grows and matures, I am confident that it will play a significant role in helping to develop financial leaders who are global in thinking and local in expertise.
Managing Director, Chief Investment Officer, Wealth Management, Asia ex-Japan 

Nomura Singapore Limited

Asian Financial Leaders Programme Run 10

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