Focus on building a 'Singapore core' at Citi

Focus on building a 'Singapore core' at Citi

Meritocracy has always been the buzzword when it comes to hiring at Citi Singapore but there is also an emphasis on building up local talent.

The bank's new head of human resources Evangeline Chua, 45, said that these days, the bank is conscious of furthering the national agenda to build a Singapore core.

"On the one hand, we will never discriminate against one nationality, and we will pick the best person for the job. But we will ask ourselves the fundamental question, about whether there is a local talent we can place in the position," she said.

Ms Chua, a Singaporean who was appointed in April, explained that the bank does draw on the talent pool from its affiliates across the world if talent is scarce. But Singapore still stands to benefit.

She added: "This person that we bring in from overseas can develop local talent, and eventually the local talent can take on those functions."

Of Citi Singapore's 10,000 or so employees, nearly 60 per cent are Singaporeans. Another 25 per cent are permanent residents, and the rest are foreigners.

"Having a 'Singapore core' means having Singaporeans fill most of the key positions in the bank. For this to happen, progressive steps are required to develop our home-grown talent so that Singaporeans have the right skill sets to excel in these positions and are truly the 'best person for the job'," she said.

Some areas in which she sees a talent gap include the technology functions, global transaction business and specialised areas such as liquefied natural gas traders.

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