STANDARD Chartered Bank, seizing the economic pickup in the region, on Friday announced plans to hire a whopping 2,000 more staff in Singapore by 2012.
It also pledged to boost its staff in South-east Asia by double-digit growth in countries such as Indonesia, Malaysia and Vietnam.
The bank, which earns at least three-quarters of its profit in Asia, currently employs about 6,000 staff in Singapore.
The new hires will include relationship managers, technology, risk management, and compliance personnel. A mix of junior to senior roles will be added.
And in a further stamp of confidence in Singapore's infrastructure capabilities, Stanchart on Friday became the latest bank to open a new facility in Changi Business Park. The 225,000 sq ft new building complements its planned new premises in Marina Bay Financial Centre.
Other financial institutions which have operations there include DBS, Credit Suisse, Barclays and Citibank.
- The Straits Times
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