For immediate release
Hong Kong Broadband Network Grooms CXO of the Future
Adversity Today Builds Success Tomorrow
(Hong Kong, 24 August 2012) Hong Kong Broadband Network Limited (“HKBN”) today
announced the successful completion of its unique management trainee program - “CXO of the
Future” this year. The two top performers from over 1,000 fresh graduate applicants were
handpicked to join a 12-month intensive training program last year at a generous monthly salary
of HK$36,000. They were “fired” upon the completion of the training program, and were
required to reapply for new permanent positions in the company at market rate.
NiQ Lai, Head of Talent Engagement & CFO said, “At HKBN, we think differently. We make
exceptional career-changing investments in our Talents at all levels, be it entry level or senior
executives, and then proactively upgrade their career responsibility and authority to keep them
engaged and challenged.”
The program is instilled to train future C-suite leaders in shortest time. Not only did the
trainees have wide exposure to business operations and the valuable opportunity to learn from
top brains in the company, they were also asked to perform beyond their capabilities during the
training program.
“Everyone responds well to success but it is how one responds to adversity that makes great
leaders,” said NiQ Lai. “We gave our trainees plenty of adversities during their training year ---to
pass CFA Level 1, run a half marathon, read at least one management book every month
followed by writing self-reflection papers --- to name a few.”
On completing the management trainee program, Kiana Shek said, “We have gained hands-on
experience to the secrets of success on a fast track. Throughout the journey, I matured
significantly and now have confidence to confront new challenges and reap fruitful rewards.”
“It’s joyful to have successfully overcome the challenges and completed the program. My
horizon was expanded and I grew much faster than my peers. I believe the key to success is the
appropriate mentalities that I gained in the process,” Mingo Tsang added.
Both trainees now successfully secured their long-term roles in HKBN with Mingo based in Hong
Kong as Assistant Manager, Customer Relations, and Kiana in Shanghai and Beijing as Assistant
Manager, China Business, Business Development. What’s more, they were invited to be one of
the Co-owners of HKBN.
“We are proud to welcome them as the youngest of our fellow 63 Co-owner-Managers. Luck is
being ready when opportunity arrives. We are working hard today, to ensure that we are lucky
with our CXO Talents 10 to 15 years from now,” NiQ remarked.
For highlights of the program, please visit
http://www.hkbn.net/Learning_Reflection/CXO_Future_Vintage2011_Highlights.pdf
Caption: Current & Future CXOs of HKBN (from left to right – Kiana Shek, CEO William Yeung,
Head of Talent Engagement & CFO NiQ Lai, Mingo Tsang)
-End-
About Hong Kong Broadband Network Limited
Hong Kong Broadband Network Limited (“HKBN”) is the fastest growing broadband service
provider in Hong Kong, offering a diversified portfolio of innovative products such as broadband,
local telephony, IDD and IP-TV services to over 1.3 million subscribers. As the owner and
operator of one of the biggest fiber-optic networks in Hong Kong, HKBN offers premier
telecommunications services to both business and residential markets.
The company takes great pride in developing its 3,000-strong Talent force into a competitive
advantage, and has established a solid market position for sustaining growth and success. In
May 2012, HKBN underwent a Management Buy-Out and is now majority-owned by CVC Capital
Partners and 63 HKBN Managers.
Issued by Hong Kong Broadband Network Ltd
For media enquiry, please contact:
Gladys Cheng
Corporate Communications Department
Tel: +852 9728 9289
Fax: +852 3999 7349
Email: [email protected]