Published on Career Center on ClassifiedPost.com

It's time to pick future champions

As the Year of the Rabbit recedes into history and financial market jitters dampen hiring, the ability to retain and nurture talented staff remains one of the most important challenges for the banking sector.

Anthony Thompson, managing director at recruitment firm Michael Page International, says most progressive banks are focused on a strong succession plan. However, he says banks are reviewing their cost base and working to improve efficiencies, just like many businesses in a challenging economic climate.

"Where this can involve changes to headcount, most large organisations have an established talent pool and teams of experienced people whose training and retention are part of the group's business strategy," he says.

Emma Charnock, regional director of Hays recruitment firm in Hong Kong and China, sa