Leading into the Year of the Dragon, and with banks focusing on tight cost controls, the spotlight will inevitably shine on staff who will be required to step into the shoes of their bosses who have been made redundant.
To ensure their efforts do not go unnoticed, people required to step up to the next level should show how they contribute by producing project performance reports and proactively engage with other managers, says Emma Charnock, regional director of Hays recruitment firm in Hong Kong and China. "It is important not to fly under the radar and to demonstrate how you go the extra mile," she adds.
John Mullally, manager of financial services at Robert Walters, says succession-planning strategies put in place over the past few years by banks are now being tested as participants of training programmes move into middle management.
"It's not the case that we are seeing mass layoffs of senior