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The Asian Infrastructure Investment Bank (AIIB) was formally established on Dec 25 after it garneredenough countries' domestic approval. [Photo/IC]
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High-end jobs are flourishing with the launch of China-initiated new financial institutions, and animminent change in share-listing rules in the domestic market.
Industry experts say this is just part of the booming demand among Chinese companies forglobal managerial talent in their overseas expansion and business transition.
The recruitment wave is being led by the Asian Infrastructure Investment Bank, anintergovernmental regional development investment service that was formally established lastweek.
The AIIB posted five job vacancies on its English-language website six days before its officialestablishment on Dec 25, and 33 other vacancies in the following days.
The Silk Road Fund, a development financial institution funded solely by China, has advertised10 positions on its website since Dec 10.
A Web survey conducted by ChinaHR.com found that recruitment of high-end financial servicemanagers has risen throughout the year. The first three quarters saw a double-digit rise in manycoastal areas, ranging from Shanghai to Shenzhen.
Applications have closed for director-general-level positions, vice-presidents, chief financial,investment and administrative officers at the AIIB. The Ministry of Finance has said thatrecruitment is continuing and more posts will become available.
Interest for the top-level jobs has been high. Professionals in China's banking sector had beeninquiring among themselves about how to submit their CVs to the bank's Multilateral InterimSecretariat, which at that time had not started open hiring.
