Thinking Aloud

The talent debate: It's not just about looking outwards

Some established ways of doing things here need to be relooked as S’pore woos world’s top talents.

By dint of its size, Singapore will always have to stay open to the best of ideas and people, wherever they may be from. PHOTO: ST FILE
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In 1998, a 34-year-old bank officer at Development Bank of Singapore experienced first-hand the ripples of change when his employer appointed a foreigner as chief executive for the first time.

The new boss was American John Olds, a veteran of J.P. Morgan & Co, and he wasted no time hiring from around the world - New York, London, Hong Kong - for various senior specialist positions at the Singapore bank.

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