Am over the age of 50 already. I know what I'm saying and doing, and I know many ex-PMET (myself included) who are holding low level job.
Many of those who hold "senior" position before do not know how to adapt their resume for lower level job.
Resume must tell the truth, but there's no need to tell the whole truth.
If the highest education is EMBA, followed by 1st class Honour from local Uni or Ivy Leagues, with multiple professional qualifications, grad diploma, diploma/A level/O level, then there's no need to put all the qualifications in resume for lower level job. Just put the highest as diploma.
Instead of putting the last position as Executive Director/Senior VP etc, just put as 20 years experience in various positions in consumer banking division in the bank. As for jobscope, put in some generic work, eg preparing powerpoint, preparing reports, guiding new staff, maker/checker for xxx system, take part in system testing, meetings etc.
If the last paying job is driving grab, then just put the average income from grab. No need to put the income from corporate world.
Many low level jobs are suitable for seniors, eg pushing wheelchair in airport, security officers in MRT stations, taxi ushers in airports/cruise center.