Who we are

The “Skills” in the logo  is in a solid script typography while “Future” is in fluid handwritten typography. Together they connote individuals “writing” their own future built on a strong foundation of skills and mastery.  The SSG mark is a coming together of the SkillsFuture movement, the statutory board, and the nation it serves.

The deep blue colour is common to the WSG logo and illustrates the close relationship between WSG and SSG. It also highlights the importance of skills in building one’s future. Red was selected to reflect "future" as it connotes dynamism and hope for the future.

 

The SkillsFuture Singapore Agency (SSG) is committed to high standards of corporate governance. The SSG Board and Management have established a framework to ensure strict adherence to good corporate governance practices.

Function of the SSG Board

The SSG provides guidance and advice to the SSG Management on all matters under SSG’s purview, including its policy, regulatory and promotional roles. It also reviews and approves the strategic plans and budgets of SSG. The SSG Board members come from diverse backgrounds such as the unions, the private and public sectors. This allows SSG to tap on their varied experiences and perspectives.

Under the SkillsFuture Singapore Agency Act 2016 (SSG Act), the SSG Board shall comprise at least 9 but not more than 15 members.

The SSG Board Committees

The SSG Act empowers the SSG Board to form committees, from among its own members or other persons, to support the work of the SSG Board. The SSG Board Committees guide the development of specific areas of SSG and perform the necessary due diligence and reporting to the SSG Board. Each committee is headed by a designated member and abides by its own terms of reference. 

The SSG Board Committees are:  

a)    Audit and Risk Committee – The Audit and Risk Committee ensures that SSG has a rigorous and robust system of internal controls. It reviews SSG’s risk assessment and management systems, as well as the setup of the internal audit function. It also reviews, together with internal and external auditors, the results of their audit reports on SSG’s work, processes, and financial statements. 

b)     Grants Committee – The Grants Committee ensures that SSG has a robust financial system to fulfil SSG’s mission. It provides advice on funding principles and grant policies for SSG-administered funds, reviews the fund allocation for SSG-administered funds,  and approves funding proposals that are within budgetary values specified by the SSG Board.

c)    Remuneration Committee – The Remuneration Committee sets human resource management and development policies, which include approving staff remuneration policies, major changes to schemes of service, early retirement and early release schemes, the appointment, promotion and performance bonuses for SSG senior management, as well as to review and deliberate on staff appeals related to personnel matters. It also endorses SSG’s corporate performance grade and recommends it for SSG’s Board approval.

d)    Committee for Private Education – The Committee for Private Education exercises the functions of SSG under the Private Education Act. It is the approving authority for key decisions to be made under the Enhanced Registration Framework and the EduTrust Certification regime. It also institutes systems for process benchmarking, oversees regular reviews of regulatory frameworks, and provides guidance for consumer education initiatives and student support services.

RISK MANAGEMENT PRACTICES AND INTERNAL CONTROLS

Internal Control Framework

SSG’s internal control system ensures that assets and resources are safeguarded, and that the risk management, control measures and procedures are adequate and effective. It also ensures compliance with established policies and regulations, proper maintenance of accounting records and reliability of the financial statements.

The risk items and mitigation measures are monitored regularly by the SSG Management and reported to the Audit and Risk Committee (ARC) and the SSG Board. The SSG Management is responsible to review and monitor the effectiveness of internal controls to safeguard SSG’s interests, and will evaluate the need to implement other internal control policies from time to time, aimed at compliance with all regulatory and statutory standards.

Internal and External Audit Functions

The Internal Audit Unit (IAU) functions independently and reports directly to the Audit and Risk Committee and administratively to SSG's Chief Executive. The IAU provides assurance to management through its evaluation of the adequacy and effectiveness of internal controls and processes, and compliance with established policies, procedures and regulatory requirements. Results of audits and recommendations for control enhancements are promptly communicated to the SSG Management. The IAU also monitors the implementation status of the audit observations.

The external auditor performs the annual statutory audit and its audit observations (if any) are reported to the ARC. The ARC meets with the external auditors, without the presence of the Management, at least once a year. The financial statements are endorsed by the ARC and approved by the SSG Board.

Business and Ethical Conduct

All SSG staff must adhere to high standards of professional integrity and personal conduct. They are to avoid placing themselves in matters where a conflict of interest may arise and are to declare these types of situations to their supervisor. SSG staff are also subject to provisions of the Official Secrets Act.

To reinforce SSG's commitment to a culture of integrity and transparency within the organisation, SSG has in place a whistle blowing policy and reporting mechanism to facilitate the reporting of fraud and wrongdoing of staff (see section on Whistle-Blowing). 

Annual Report and Financial Reporting

SSG submits an annual report after the end of each financial year to the Minister for Education, which outlines SSG’s activities during the preceding financial year. SSG's full-year financial results are reported to the SSG Board and included in SSG’s Annual Reports, which are published on SSG's corporate website. 

Report any irregularities, with supporting documents where possible through SSG's  whistle-blowing channels. 

 

The Committee for Private Education was appointed by SkillsFuture Singapore Board in October 2016 to carry out its functions and powers relating to private education under the Private Education Act. The SSG/CPE is supported by a team of dedicated staff from SSG to regulate the sector, provide student services, consumer education and facilitate capability development efforts to uplift standards in the local private education industry.

Committee Members

We are pleased to announce that SkillsFuture Singapore's offices at PLQ Tower 2 has attained a Gold Award for BCA-HPB Green Mark for Healthier Workplaces in December 2022. We adopt a sustainable office design and space management using sustainable fit-out materials and operational products. We employ various policies and programmes on office sustainability with employees' health and wellbeing in mind.