French bank BNP Paribas plans to recruit 250 more employees for its Singapore operations within the next three years.
Ms Theresa Ho, the bank's head of human resources for South-east Asia, revealed these hiring intentions as BNP today unveiled its first Asia campus in Singapore.
The facility, reconstructed from two heritage buildings along Hendon Road in Changi, aims to train 3,200 BNP employees a year. It cost $24 million and is the largest of BNP's campuses around the world.
Monetary Authority of Singapore managing director Ravi Menon, who was the guest-of-honour at the event, said the campus is a "welcome addition to Singapore's ecosystem to build human capital in finance for the future".
BNP's Asia Pacific head of human resources James Gibson said the bank plans to grow its Asia Pacific business by "over a billion euros" in the next three years.
"Obviously, people are the center of that plan," he added.
Mr Gibson called the campus an investment, and said that it underlines the bank's commitment to its people and to Singapore.
BNP Paribas has been established in Singapore since 1968, and currently employs 1,800 staff in Singapore. Of this number, 60 per cent are Singaporeans.
The bank offers services in wealth management, corporate and investment banking, asset management and security services.