HONG KONG, March 2, 2009 (GLOBE NEWSWIRE) -- Hong Kong Broadband Network Limited (HKBN, a wholly owned subsidiary of City Telecom (H.K.) Limited) (SEHK:1137) (Nasdaq:CTEL) is pleased to announce our "CXO of the Future" 2009 Management Trainee search. This program aims to bring fresh high-caliber Talents into our company and nurture them into potential Chief "X" Officers of the future, i.e. executive positions such as Chief Executive Officer, Chief Financial Officer, Chief Technology Officer, Chief Talent Officer, etc.
At HKBN, Talent is our most valuable asset, being the foundation of our productivity and competitiveness. Our "CXO of the Future" Management Trainees will be given extensive exposure across all our business lines over a tailored 18 months program and be personally mentored by our management committee members. Successful candidates will be offered a 18-month remuneration package of HK$270,000, plus discretionary bonus at program end.
"We will invest through this Global Economic Crisis to nurture our next generation CXOs. We are looking for extreme caliber Talents who share our passion about pioneering leading technologies to make Hong Kong a better place," said NiQ Lai, Chief Financial Officer and Head of Staff Engagement. "Beyond academic excellence, the candidate will need to survive our Outward Bound live-in selection process and during the 18 month immersion program, we expect our 'CXO of Future' to pass Chartered Financial Analyst (CFA) Level 1, run a marathon, be a fast learner reading 36 management books and much more."
For full press release and presentation, please refer to our website, http://www.ctigroup.com.hk/en/press_release_frame.html
About City Telecom (H.K.) Limited / Hong Kong Broadband Network Limited
Established in 1992, City Telecom (H.K.) Limited (SEHK:1137) (Nasdaq:CTEL) provides integrated telecommunications services in Hong Kong. City Telecom's wholly-owned subsidiary, Hong Kong Broadband Network Limited (HKBN), is the largest alternative residential broadband service provider in Hong Kong, targeting to extend our homepass to 2.0 million households and 1,800 commercial buildings. HKBN currently serves more than 800,000 subscriptions across Voice, Broadband (symmetric 25Mbps up to 1Gbps) and IP-TV services. Additional information on City Telecom can be found at www.ctigroup.com.hk.