SOEs launch public recruitment By Sun Min (China Daily) Updated: 2006-06-15 08:41
Ten of China's biggest State-owned enterprises are opening up top management
positions to the public, including six that foreigners can apply for, the
State-owned Assets Supervision and Administration Commission (SASAC) announced
yesterday.
Seven enterprises are each recruiting a vice-general manager
or a vice-president, while the other three are seeking chief
accountants.
The six roles that are open to foreign candidates include
vice-general managers at Wuhan Iron & Steel (Group) Corp and at audio video
products developer China Hualu Group Co Ltd, and vice-presidents at Sino-coal
International Engineering Design & Research Institute and the Shanghai
Institute of Pharmaceutical Industry.
China Eastern Airlines and
forestry machinery producer China Foma (Group) Co Ltd are also both looking
globally to recruit a chief accountant, said sources with SASAC, the supervisor
of the 160 biggest State-owned enterprises in China.
Power giant
China Huaneng Group is seeking a chief accountant, and China Aviation Oil
Holding Company is offering a vice-general manager role, but both positions are
only available to applicants with Chinese nationality.
Details of the job
descriptions will be released next Monday.
Such senior management
positions used to be directly appointed by the government.
The latest
round of recruitment is the fourth time SASAC has organized such a campaign
since 2003.
In the coming months, more central enterprises will
participate in the hunt for top executives, SASAC sources said yesterday.
The recruitment drives aim to help central enterprises acquire
outstanding executives from the labour market and enhance their global
competitiveness.
The previous three campaigns attracted a total of about
2,600 applicants, including foreigners and overseas Chinese.
Fifty
executive positions were filled, including general managers, vice-general
managers and chief accountants.
A spokesman for SASAC said yesterday the
executives recruited in previous campaigns had won high praise within the
enterprises.
Though the majority of candidates were chosen from State
companies or government departments and no foreigners had been selected, some of
the executives came from private and overseas companies.
A fluent foreign
language, overseas work experience and familiarity with the management of large
State-owned enterprises were common criteria for the positions.
SASAC Minister Li Rongrong said the recruitment process was conducted on a
fair and equal basis, based on applicants' experience and
ability.
Insiders said factors such as salary demands and adaptability to
cultural differences also had some impact on the selection
process. (For more biz stories, please visit Industry Updates)
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