【Talent Development】Cai Ku Ju Chen Hao Lian: More Financial Talent Needed to Support Continuous Growth of the Financial Industry

The Hong Kong government is actively cultivating financial talent. Deputy Secretary for Financial Services and the Treasury, Mr. Chen Hao-lian, stated that Hong Kong has become the world’s third and Asia’s number one international financial center. Last year, Hong Kong saw significant growth in new stock fundraising, asset and wealth management, total gross premiums in the insurance industry, and total customer deposits in banks. He emphasized that the market needs more financial professionals to support the continuous growth of the financial sector and to create more quality employment opportunities for the younger generation.

In recent years, the government has launched various programs to nurture the next generation of financial professionals. He mentioned the “Green and Sustainable Finance Training Pilot Scheme,” which funds practitioners, related professionals, students, and graduates studying relevant disciplines to receive green and sustainable finance training. Over 9,700 applications have been approved so far. As for the “Bay Area Higher Education Student Fintech Bilingual Internship Program,” which subsidizes students to undertake short-term internships at fintech companies in Hong Kong and other cities in the Greater Bay Area, about 30 companies and 100 students have participated, strengthening Hong Kong’s fintech talent pool.

A new fiscal budget announced an extension of the “Insurance Talent Development Scheme” for three years. He pointed out that since the government launched the “Insurance Talent Development Pilot Scheme” in 2016, about 680 university students have participated in internships, and over 22,000 insurance practitioners have taken part in subsidized professional training courses. The scheme also promotes various employment opportunities and career development prospects in the insurance market.

Visit to HKU for student exchange

On Monday (the 9th), he visited the University of Hong Kong and shared with about 60 students from the Faculty of Business and Economics the positioning and latest developments of Hong Kong as an international financial center. He also shared his experiences and insights from working in investment banking, hoping to inspire their career planning.

			▲ 【Talent Development】Financial Secretary Chen Hao-lian: More financial talent needed to support the sustained growth of the financial industry

	

			

	


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