In order to meet business operations in 2018, right from the beginning of the year, bank personnel have had remarkable developments.
Only two months of 2018 have passed, but the number of banks announcing to recruit personnel have increased, with the recruitment of several dozens to several thousands of employees right from the beginning of the year.
Shortly after the long Lunar New Year (Tet) holiday, Nam A Bank “shocked” the market by announcing the new recruitment of as many as 1,000 employees in 2018.
Among employees needed to be recruited, Nam A Bank targets at the following positions: director/deputy director of branches, transaction offices; Sales manager; Executives and specialists in the areas of customer relations, card business, foreign exchange marketing, information technology, etc.
Reportedly, in the third quarter of 2017, this bank also recruited 500 new employees for many positions.
A series of banks such as Vietcombank, VietinBank, VIB, VPBank, Sacombank, SeaABank, HDBank, etc. have also recruited several dozens to hundreds of personnel for many positions.
For example, Sacombank has announced to recruit hundreds of new employees for accounting department, credit specialists, customer specialists, product development specialists, card specialists, etc. VIB also declared the recruitment of employees for positions such as transaction staff, senior customer management, debt recovery specialist, bad debt recovery team, customer service specialist, etc. for branches and transaction offices nationwide. VPBank also announced the recruitment of hundreds of employees for branches and transaction offices throughout the country right from the beginning of 2018.
Not only recruiting new staff for branches, transaction offices or specialised departments at the head office, right from the beginning of the year, many banks also announced the change of positions including members of the board, general director, deputy general director.
Kienlongbank can be named as an example. On February 24, Kienlongbank’s board of directors announced the appointment of Tran Tuan Anh, deputy general director of Kienlongbank as standing general director, replacing Vo Van Chau.
Previously, Sacombank also announced that at the upcoming annual shareholders’ meeting, it will elect two additional members of the Board for the term of 2017-2021.
Similarly, Eximbank is also expected to elect two more members of the Board at its shareholders’ meeting in late April.
According to experts, the fact that many banks strongly recruit staff right from the beginning of the year is not surprising if looking at the business results of the entire sector in 2017 and favourable forecasts for 2018.
With the demand for recruiting up to 1,000 new employees, Nguyen Luong Hieu, Head of Human Resources and Training of Nam A Bank, said that the recruitment of large numbers is aimed at expanding the scale and developing business of the bank in 2018.
From the perspective of banking expert, Nguyen Tri Hieu said that banking personnel, especially high-level personnel, will have many changes in the future.
Commenting about this, Hieu said that the Law on amendment and supplementation of some articles of the Law on Credit Institutions which took effective from January 15, 2018 will make a big shift for senior staff of many banks.
According to the law’s regulations, senior leaders of banks will not be allowed to concurrently hold key positions at other businesses. Specifically, Chair of the board, Chair of board member, general director of credit institutions may not concurrently be the chair of the board, member of the board, chair of the members ‘council, member of the board, chair of the company, general director (director), deputy general director (director) or hold equivalent positions in other businesses.
With the recovery of the economy, the banking sector is also starting to expand its business, financial and banking expert Can Van Luc said that although the number of personnel in the banking and finance sector in the past year has grown fast, with the current development of the banking sector, the demand for personnel is still very large.
This is particularly significant when the number of personnel working in the banking sector accounts for only a very small proportion out of the total labour force of the economy.
The evaluation of the professional is quite close to the actual market situation. The survey results on business trends of the banking sector announced by the State Bank of Vietnam’s Statistics and Forecasting Department earlier this year also showed that the demand for personnel recruitment of banks in 2018 is very high.
Specifically, in 2017, 52.1 percent of credit institutions said that they recruited more employees in the fourth quarter of 2017. However, 25.3 percent of credit institutions said that they still lack necessary labour force for current job demand.
Along with that, with the expansion of business operations in 2018, 52.1 percent of credit institutions plan to recruit more employees right in Q1/2018 and as many as 68.7 percent of credit organisations expect to increase the number of employees in the whole year 2018.
