'One of the big challenges is the shortage of talents, of qualified people'.
Bloomberg News reports that level, up from about 16% now, would put the division’s holdings in line with the region’s representation in the global economy, Francesco de Ferrari, head of Asia-Pacific private banking, said in a March 18 interview.
While he’s seeking more relationship managers to handle the expected growth in client assets, he acknowledged the difficulty in finding enough to cater for Asia’s millionaires, which he numbers at about 7 million.
'We are growing our business so the demand has no limit', said de Ferrari, 45, without giving specific hiring targets. 'One of the big challenges is the shortage of talents, of qualified people'.
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