Bank of America to recruit more Chinese employees
8/1/2004 16:45
The Bank of America Corp. (BAC) plans to raise the number of Chinese
employees by more than 130 in the coming one year in order to expand its
business on the Chinese mainland, eastday.com reported today.
The BAC
recently recruited two senior financial managers in Shanghai to expand its
global financing operations on the Chinese mainland.
"Adding the two senior
posts is part of our move to raise the number of Chinese employees," said Zheng
Jiafu, manager with BAC's global product management in Asia. "Our clients need a
project to meet the demands of both the Chinese and global markets." Zheng
pointed out.
The BAC has made huge investments in Asia over the past two
years, with more than half in China, in order to expand its business on the
Chinese mainland, said Zheng, adding that next year the proportion is predicted
to exceed 55 percent.
The number of local employees will soar to satisfy the
demand of clients, he added.
Wendy Zhang/ Shanghai Daily news
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