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KPMG to cultivate global talent

By: Sarah Tan, Singapore
Published: Jan 10, 2012

TRENDS       NURTURING TALENT        BUSINESS         KNOWLEDGE SHARING

Singapore - Accounting company KPMG will recruit industry professionals worldwide to train its employees to serve clients more effectively.

Currently, the firm is in talks with 30 industry professionals and experts to encourage them to be part of this new project.

"The pipeline of talent provided will help enhance productivity and grow our professional services in, particularly, the six key areas," KPMG told The Straits Times.

Poised to launch next month, the multi-million dollar Centre of Excellence will be a think-tank focused on six industry-related areas: tax, management consulting, energy and natural resources, financial services, government and infrastructure as well as healthcare.

The aim of the initiative is to cultivate the necessary talent which can provide expertise for KPMG's services as well as manage knowledge channels from the firm's network to apply to business.

"We wanted to create an effective knowledge-sharing platform which will benefit the business community," KPMG added.

"This initiative is completely aligned with KPMG's global priorities, and will serve both as an opportunity for KPMG worldwide to share their knowledge with organisations in the region through Singapore, as well as present opportunities for the creation of knowledge in Singapore which will benefit the profession and the business community," Michael Andrew, the KPMG International chairman, said.

The scheme is set to provide Singapore companies with valuable information which could give them a critical advantage over their competitors.

"The business insights generated from these projects will be especially valuable to Singapore-based companies that grow their increasingly sophisticated business control tower activities here," Leo Yip, Singapore's Economic Development Board chairman, said.

To kick-start the cultivation of talent early, KPMG will also introduce a scholarship for students who are current undergraduates at Singapore universities. After graduation, these students would be placed in a fast-track management programme before working in specific fields at the Centre of Excellence.

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