Over 100,000 bank staff will be hired during the next 10 years as the Myanmar finance sector develops rapidly, according to an official from KBZ Bank.
“There were over 50,000 bank staff in 2015”, said the bank official. “We expected that the banks can create the job opportunities for over 120,000 people in 2025. So KBZ will provide the highest levels of customer service and will foster new creations in financial services in cooperation with foreign and local markets professional experts”.
To aid in the expected expansion, Mr. Mike DeNoma was recently appointed by KBZ as the Special Advisor to the Chairman and CEO. He has managed operations across North America, Asia, Africa, Europe and the Middle East.
Mr. DeNoma previously served as the CEO and Chairman of Britain’s Standard Chartered Bank and Chinatrust Commercial Bank in China (Taipei) and has extensive experience in emerging markets.
Mr. DeNoma joined KBZ Bank from the GLH Chain of Hotels in the UK, where he was CEO.