Issue 75, June 2009
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NTU lends its expertise to nurture talents in support of China's financial industry.

NTU's Nanyang Business School (NBS) and the China Construction Bank (CCB) have unveiled a training pact which will see some 700 senior executives from CCB undergoing specialised training at NBS in Private Banking, Marketing, Asset Management and Risk Management.

The collaboration is part of a Memorandum of Understanding (MOU) signed on 12 May, which provides a framework for NBS, behind one of the most highly rated joint overseas EMBA programmes in China, and CCB, the world's second largest bank in terms of market capitalisation, to jointly develop financial training programmes for the bank's senior executives from its branches across China. In addition, the business school will facilitate joint research and customisation of the curriculum to meet the training needs of the bank. With the training pact sealed, Singapore is now one of CCB's strategic overseas training destinations, after Hong Kong and the United States.

In his welcome speech at the MOU-signing, NTU President Dr Su Guaning noted NBS's impressive record of manpower development in China. The school has trained some 6,000 Chinese professionals from all fields and 2,000 Chinese professionals in the banking and finance sectors. The school's Chinese executive training courses have benefited more than 5,000 senior executives, mostly from China, in the areas of Management, Finance, Banking, Economics and Human Resources.

"Collaborating with NTU in manpower training and development is an important strategic move in our talent development plan," said Mr Xie Duyang, Chairman of the Board of Supervisors of CCB. Mr Xie added that the bank seeks to leverage Singapore's competitive advantage as a key financial centre and the excellent management and financial training available at NBS to spearhead a series of comprehensive management and specialised training initiatives.



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