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News Details | 12-May-2009

NTU to train China Construction Bank senior staff



Nanyang Technological University (NTU) has signed a memorandum of understanding (MOU) with China Construction Bank (CCB), the world’s second largest bank in terms of market capitalisation, to train more than 700 senior executives from the bank this year.

The MOU was signed on Tuesday 12 May 2009 at NTU by Nanyang Business School (NBS) Interim Dean, Professor Gillian Yeo Hian Heng (南洋商学院代院长杨贤卿教授) and Mr Li Weiping, General Manager of Human Resources Department of CCB headquarter (中国建设银行总行人力资源部总经理李卫平).

NTU President Dr Su Guaning (南洋理工大学校长徐冠林博士), Chairman of the Board of Supervisors of CCB, Mr Xie Duyang (中国建设银行监事长谢渡扬), Senior representatives of the Bank and officials from China Embassy in Singapore witnessed the MOU signing ceremony.

High level senior staff of CCB such as general managers (行长) of the provincial main branches will be among those to be trained under the MOU. In the following months till December 2009, CCB will send more than 500 trainees in batches from various branches in China to NBS for week-long training in Singapore.

The MOU provides a broad framework for NTU’s NBS and CCB to develop financial training programmes for the senior executives of CCB branches across China. It will also facilitate joint research and customisation of curriculum to meet the training needs of the bank with specialisations ranging from Private Banking, Marketing, Asset Management to Risk Management. 

Commenting on the expanded scope of collaboration between NBS and CCB in his welcome speech, Dr Su highlighted the contribution of NBS in the economic development of China. He revealed that over the years, NBS has trained 6,000 Chinese professionals from all fields, and 2,000 Chinese professionals in the banking and finance sectors.

“To realise its strategic goal of becoming a world-class financial institution, CCB is now taking full advantage of its overseas strategic investors, world renowned institutions of higher learning, overseas branches and training centers in Hong Kong to provide comprehensive training programmes for its senior staff and build its international capabilities,” said Mr Xie.

Besides Hong Kong and the United States, Singapore has become CCB’s strategic overseas training destination. The MOU with NTU will expand and deepen the scope of training collaboration and research.

The Chinese executive training courses offered by Nanyang Business School have benefited more than 5,000 senior executives, mostly from China, in the areas of Management, Finance, Banking, Economics and Human Resources.

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Media contact
Patricia Yap, Assistant Manager, Corporate Communications Office
Tel: 6790 5417; Mobile: 9846 6716; Email: patriciayapwl@ntu.edu.sg

Narendra Aggarwal, Public Affairs, Nanyang Business School
Tel: 6790 6260; Mobile: 91003350; Email: narendra@ntu.edu.sg

About Nanyang Technological University

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