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Chapter 349 Personnel Arrangements

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    "Du Bo, how many years have you been following me?"

    "It has been eight years since the beginning. I have learned a lot from the chairman, and I feel that I have grown a lot."

    "Well, you have done an excellent job as the director of the Family Trust Fund Management Office of the Royal Family Fund."

    Wang Yaocheng looked at Du Bo approvingly, and saw him sitting on the sofa with half of his butt respectful, his waist straight, and his attitude was absolutely sincere.

    Speaking of it, as a superior person, I always like this tone, at least the respectful attitude seems very comfortable, and Wang Yaocheng is also unavoidable.

    He felt very satisfied, and a smile appeared on his face.

    "Next, the Royal Family Fund will not have much cash flow surplus, and there will be very few major mergers and acquisitions in the past two years. The focus is on digesting and integrating existing companies, and laying a solid foundation for internal management and talent training.

    ? To practice internal skills hard, enterprise management should develop towards leanness, efficiency, specialization, and goal responsibility, instead of seeking perfection.

    The goal is to make the company stronger step by step and step into the ranks of the world's first-class level. This will be a long process of nirvana and rebirth.

    Now, I am thinking about adding another burden to you, can you meet the challenge?  "

    Du Bo cheered up, and immediately expressed his opinion; "I have no problem, Chairman, if there is something lacking, I will study hard."

    "Well, yes, I'll give you two choices."

    Wang Yaocheng stretched out two fingers; "First, go to Cisco to be the chief executive officer, in charge of personnel and logistics administration. This is a booming large company with bright future prospects.

    Second, to become the CEO of HSBC Bank, and cooperate with Mr. Mo Yuxuan to firmly control the company. The development goal is a world-class multinational bank. This challenge is also very difficult.

    You can go back and think about it, and reply me in two days.  "

    "No need, chairman, I am willing to go to HSBC Bank." Du Bo replied very firmly; "I have thought in private, which company is more suitable for me? After thinking about it, I finally found that HSBC Bank is the most suitable for my development.  , I am also very interested in the financial industry, which is the result of careful consideration.

    Wang Yaocheng glanced at him in surprise, and couldn't help the corners of his mouth curling up;

    They are all smart people, and they will rush to answer.

    "Okay, since you have a choice, go to HSBC Bank, the position of director of the family trust fund management department is still a part-time job.

    ?The Chief Executive Officer is responsible for managing personnel, finance, and administrative logistics. It is cumbersome and important. It involves a wide range of areas and can exercise comprehensive capabilities.

    After you go, focus your work on HSBC Bank. The work here will be temporarily managed by the deputy director, Shi Xueyi, and will report to you when necessary.

    In the position of bank director and chief executive officer, you can think about how to control the world's top 500 companies?

    Mr. Mo Yuxuan is already in his 50s, and after working for a few more years, he will be second-tier. If you have any questions at work, you can ask him for advice. He is a very competent top manager with rich experience in large-scale enterprise management"

    The words were a little vague, but Du Bo obviously understood, and his heart couldn't help but boil with excitement.

    ? For a professional manager, the highest ideal is a stage to show oneself. Controlling the world's top 500 companies is undoubtedly the dazzling crown, and the responsibility is as important as the glory.

    This is a very challenging goal, and I will also write a brilliant chapter in my career resume.

    Du Bo is not short of money, he is a stable billionaire.

    Previous mergers and acquisitions and high annual salary, coupled with smart follow-up investment, made his net worth close to 1 billion US dollars.

    What Du Bo lacks is a stage to show his talents. He is eager to prove himself, and HSBC is the stage of his dream.

    "The chairman entrusts you with a heavy responsibility, and I will never let you down."

    "good."

    Wang Yaocheng took a sip of the cigar calmly, letting the strong and mellow smell of the cigar linger, his whole body seemed to be immersed in the light blue smoke and became slightly blurred.

    "I have read some HSBC reports, and there are some problems in the bank's operations, let's not talk about professional issues for now.

    Mainly some staff who graduated from Oxford, Cambridge, and Stanford universities always have a kind of superior arrogance, and their attitude is very questionable.

    If you are an artist, it is worth appreciating and admirable to be independent and have personality.

    But in a large multinational bank, such a mentality is very uncomfortable.It's sinister enough and dark enough to step in.

    But I like it, hehe!

    "You don't have much time. When you arrive at a new position, you must quickly get into shape, get familiar with the work, and take advantage of the opportunity of the new official's three fires to kick him out of some obvious thorns.

    Especially those in key positions, they must not be soft-handed, and Mr. Mo Yuxuan can be asked to step up the line when necessary.

    The time is about the end of next year,

    After HSBC has been cleaned up, there will be some asset restructuring actions, and then it will be re-listed.

    The middle and low-level management posts can be cleaned up slowly, there is no rush.  "

    Du Bo knows that this is a capital operation, which is related to financial security. It is impossible for a large multinational bank to remain unlisted for a long time, which is also not conducive to the development and growth of mergers and acquisitions of other banks.

    What's more, as note-issuing banks, HSBC, Standard Chartered Bank and China Bank have important positions, and the mainland has more doubts about private banks that are not listed.

    It is inevitable to compare your heart with your heart.

    So, is it foolish to be privatized and delisted for a while, and then re-listed for a while?

    If there are huge benefits in it, it is completely worth it.

    Under the severe financial turmoil in 1997, HSBC, which suffered heavy losses, was privatized. This timing was chosen very accurately.

    Get maximum benefit at minimum cost.

    ? Through all means of eliminating non-performing assets, reducing staff and increasing efficiency, asset mergers and acquisitions, and other means, HSBC is developing better and better.

    The bank's very important capital adequacy ratio, net profit, deposit and loan ratio, overdue loan ratio, capital cost ratio, and bank income cost ratio have all improved, ranking among the world's first-class banks.

    In addition, high-quality companies under the Wang's consortium have become important customers, and the temptation for investors has undoubtedly been greatly enhanced, and capital increase and share expansion will be a matter of course.

    HSBC was privatized and delisted at a valuation of 10.2762 billion pounds. When it was re-listed, it reached 20 billion, and the valuation was even higher at 30 billion pounds. No matter how you look at it, it is a huge profit.

    Capital operation is a profound knowledge, and it is also the top money-making technique.

    Wang Yaocheng, who peeked at the hole cards, was inherently invincible in this respect. If he couldn't maximize his benefits, he might as well find a piece of tofu and smash him to death, so as not to embarrass the reborn.  (Remember the site URL: www.hlnovel.com
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