The Hong Kong Monetary Authority (HKMA), Bloomberg and the Hong Kong United Youth Association (HKUY) have teamed up to launch the Greater Bay Fintech Talent Initiative, which aims to address a potential technology skills gap in the region.
With the Greater Bay Area (GBA) aiming to bring the South China Economic Zone closer together, this initiative is designed to accelerate local talent development and equip students with relevant skills and knowledge for a digitally integrated financial region.
Together with HKMA, as convening partner, and Bloomberg and HKUYA as organizing partners, more than 20 corporations support the initiative, providing students with technical training, networking opportunities and one-on-one mentoring.
They will also be hosted by corporate partners to help prepare students for successful careers in financial technology.
Corporate partners include Ant Group, Bank of America, Bank of China (Hong Kong), China Guangfa Bank (Hong Kong Branch), Citi, Credit Suisse, CSOP Asset Management, DBS Bank (Hong Kong), Franklin Templeton, Goldman Sachs, Hong Kong Exchanges and Clearing , HSBC Bank, Huatai International, JP Morgan, KPMG China, Polymer Capital Management (HK), Royal Bank of Canada, Taiping Financial Holdings Company, Welab Bank and ZA Bank.
The initiative is part of Bloomberg’s global corporate philanthropy program, which works with a network of nonprofit partners to ensure more people from underserved communities have the right skills and experience for employment and entrepreneurship.
“In line with our multi-faceted ‘Fintech 2025’ strategy, the HKMA plays a key role in nurturing young innovative fintech talent in Hong Kong.
As a convening partner, we are delighted to witness and support the launch of this initiative, which echoes our vision of cultivating well-rounded fintech talent.”
said Eddie Yue, chief executive of the Hong Kong Monetary Authority.
“This particular initiative demonstrates our unique ability to bring together Hong Kong’s financial community and enable them to share their expertise with local students through our philanthropic activities.
We look forward to making a positive impact as these students embark on exciting careers in technology and finance at GBA.”
said Bing Li, head of Asia Pacific for Bloomberg.