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HSBC Opens Up The Doors For Talent Development In Armenia

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  • HSBC Opens Up The Doors For Talent Development In Armenia

    HSBC OPENS UP THE DOORS FOR TALENT DEVELOPMENT IN ARMENIA

    PanARMENIAN.Net
    July 29, 2010 - 21:11 AMT 16:11 GMT

    For the fourth consecutive year HSBC Bank Armenia provides local and
    international career development opportunities to HEI students and
    young talents by conducting summer internships and Management Trainee
    (MT) programmes.

    To date, 42 students and 9 graduates benefited from these programmes,
    which enable gaining hands-on experience in core banking business
    locally as well as internationally, make an early career decision,
    and earn the opportunity to secure a job when they graduate. After
    successful completion of the internship the bank has employed 15 of its
    interns and trusted 9 managerial positions to management trainees who
    completed MT programmes in HSBC Group member banks in bigger markets
    like UK, China, UAE and other European countries.

    Initiatives of the bank also encompass developing relationships with
    the local universities. The Bank's Human Resources Department is
    engaged in regular consultations with HEI career centres which aim
    to foster talent development and management for the local market.

    Recently the Head of HR Department represented HSBC insights on
    young workforce employability and market development opportunities
    at the republican seminar held at Yerevan State University with the
    participation of many HEI career centre representatives, education,
    government and industry experts.

    "Our people are fundamental to our business success; we continually
    invest in them providing professional development solutions locally
    and internationally. Since 2009 we spent AMD 50 mln on training
    and development projects engaging 80% of employees, besides six
    of my colleagues currently work in leading positions at HSBC Group
    member banks abroad who will come back and bring the internationally
    gained experience to Armenia. At HSBC we are not supporters of only
    experience diversification but also of human resources: currently
    we have employees from around 8 different regions of RA and 3 other
    countries," said Head of Human Resources, Elvina Aghajanyan.

    HSBC Group has a diverse workforce of over 335,000 people in 8,000
    offices in 88 countries and territories worldwide. In Armenia
    HSBC employs 360 specialists coming from various backgrounds, with
    or without previous work experience. The average age of the bank
    employees is 30, male to female ratio being 40 per cent and 60 per
    cent respectively, absolute majority istrilingual, with 8 other
    languages in line.




    From: A. Papazian
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