FSDC holds forum on career opportunities in Greater Bay Area

The following is issued on behalf of the Financial Services Development Council:

     The Financial Services Development Council (FSDC) and the Chinese University of Hong Kong today (November 13) jointly hosted a forum to explore career opportunities in the Greater Bay Area.

     Entitled "Development of Greater Bay Area and the Career Opportunities for Hong Kong Graduates", the forum was the 31st event under the FSDC's Practitioner Speaker Series. The forum featured the Associate Director of the MBA Programme at the City University of Hong Kong, Dr Wilson Chan, who also serves as a member of the FSDC Mainland Opportunities Committee; and Partner, Financial Services, Head of Chinese and Local Accounts/Lead of Virtual Banking Application, Ernst & Young Hong Kong, Ms Jasmine Lee.

     Enhanced workplace mobility generated by economic co-operation in the Greater Bay Area (Bay Area) opens up exciting opportunities for career progression. Hong Kong's status as an international financial centre and offshore Renminbi hub is already driving demand for financial services across the boundary. The goal of creating a world-class city cluster across the Guangdong-Hong Kong-Macao region is expected to play a leading role in advancing developments in innovation, trade and financial services.

     Dr Chan said, "With strengthened integration of city clusters of the Bay Area and closer collaboration between governments of the Pan Pearl River Delta, ASEAN countries and southern Asia, development of the Bay Area opens up immense opportunities for the younger generation."

     Ms Lee said, "The success of the Bay Area is attributable to a number of factors including market demand, policy, capital and talents. Talents are essential in facilitating the acceleration of technology development in the area, and enabling collaboration among the 11 Bay Area cities."

     In addition to new roles being created, both speakers considered that the corporate banking sector will generate huge demand for candidates from Hong Kong.

     The FSDC's Practitioner Speaker Series is a project developed between the FSDC and local universities, with speakers from the financial services industry giving talks to university students about important industry facts and the skill sets required in developing a career in financial services.

About the FSDC

     The Hong Kong Special Administrative Region Government established the FSDC in 2013 as a high-level, cross-sectoral advisory body to engage the industry in formulating proposals to promote the further development of Hong Kong's financial services industry and to map out the strategic direction for development.

     The FSDC set up five committees, namely the Policy Research Committee, the Mainland Opportunities Committee, the New Business Committee, the Market Development Committee and the Human Capital Committee, as the five streams of its work.