Print

Mail

wiki links

Hua Nan holds recruitment exam

Hua Nan Financial Holdings chairman Lin Ming-cheng talks to the press at National Taipei University yesterday as the company holds its first united recruitment exam by bringing together all seven of its subsidiaries. PHOTO: CNA

In a bid to recruit high-quality employees, Hua Nan Financial Holdings Co (華南金控) brought together all seven of its subsidiaries to hold its first united recruitment exam yesterday.

The joint exam attracted 6,020 applicants and the pass rate was nearly 7 percent.

Facing the US subprime mortgage crisis that has shaken the global financial market and the policies pledged by the incoming administration to intensify economic ties across the Taiwan Strait, Hua Nan Financial chairman Lin Ming-cheng (林明成) said the company is targeting applicants who could become the backbone of the financial group, which is among the top 10 of the country’s financial holding companies.

“We have set high thresholds for the application qualifications, implementing a recruiting strategy that will help us find the best people to cope with the challenges in the financial world,” Lin said, citing as an example a potential relaxation of regulations governing cross-strait banking investment, which is one of president-elect Ma Ying-jeou’s (馬英九) campaign pledges.

The expanded exam screens applicants for 420 job vacancies within three major categories — banking agents, counter staff and middle management.

With the demand for higher quality from the recruitment drive, Lin said that the subjects for the written exam for middle management include financial management, international business and economics, along with an oral exam requiring fluent English listening and speaking.

Lin also said that the company plans to send some of its new recruits overseas for further training, saying that the international financial crisis has led to the need for globally trained bankers.

Unlike the past Hua Nan Financial recruitment exams, which were held individually by the subsidiaries, including Hua Nan Commercial Bank (華南銀行) and Hua Nan Securities Co (華南證券), the group integrated its resources this year and unified test standards to increase transparency and fairness, Lin said.

“We made a groundbreaking change in the test structure to lure the most professional employees in the financial business,” Lin said, adding that this new measure will be continued in future recruitment drives.

Touching on China’s financial market, Lin said the company hoped to be among the first to make inroads into the market of 1.3 billion Chinese, but said that this plan would not be implemented until Taiwan and China seal an agreement on financial regulations.

“We are waiting for the government to negotiate with China to allow local banks to upgrade their offices in China,” Lin said.

Hua Nan Financial president David Lee (李正義) said that the US credit crunch had only a “slight impact” on the bank as the company has taken hedge positions to minimize the impact.
This story has been viewed 767 times.