Dongfeng Motor General Manager Position Global Selection

The State-owned Assets Supervision and Administration Commission announced on the 29th that the Central Organization Department and the State-owned Assets Supervision and Administration Commission of the State Council have initiated the 2010 global recruitment of senior management personnel of central enterprises. This year, central enterprises will openly recruit 20 senior executives, the largest ever.

Among them, Dongfeng Motor, China Construction and other five central enterprises recruited general managers. This is the first time that the central enterprises have recruited general managers on such a large scale. When combining the newly appointed SASAC Director and party secretary Wang Yong on public appearance for the first time on the 28th, “State-owned enterprises will face more fierce international competition”, the analyst pointed out that in the future, the SASAC will make more efforts in increasing the international competitiveness of the central enterprises. Great efforts will be made to further improve the market-based appointment system of central enterprises.

5 general manager positions are eye-catching

According to the announcement, the total number of senior executives recruited and the weight of positions in this open recruitment campaign are the highest ever. There are a total of 20 central government posts for this open recruitment. In addition to the aforementioned five general managers of central SOEs, China Unicom and four other central SOEs hired deputy general managers (deputy directors), and several central SOEs recruited chief accountants, corporate general counsel, and high-level scientific research management personnel.

It is worth noting that personnel changes have taken place in the first large-cap Chinese building since the reopening of the IPO. After former chairman Sun Wenjie resigned in May, former general manager Yi Jun served as chairman of the company. The company will face the global recruitment of general managers.

According to statistics, the Central Organization Department and the State-owned Assets Supervision and Administration Commission have successively organized seven times of central enterprises to openly recruit executives at home and abroad. As of the end of 2009, the number of operating and management personnel recruited by the central enterprises through competitive methods increased from 334,000 in 2004 to 521,000, an increase of 56%.

Facing more intense international competition

Wang Yong, director of the new SASAC and party secretary, pointed out at the inaugural meeting and the first annual meeting of the State-owned Enterprise Party Construction Research Professional Committee of the National Party Construction Research Association on the 28th that at present, the reform and development of state-owned enterprises have entered a new historical period, facing post-financial A higher level, higher level and more intense international competition in the crisis era.

Analysts pointed out that for the first time, Wang Yong had made clear in his speech the next step of the SASAC's efforts, namely, to further strengthen the central government as the main objective, and increase the international competitiveness of the central enterprises.

According to industry insiders, in the previous overseas recruitment of central SOEs, corporate deputies, chief accountants, and general counsel were centralized recruitment positions, while central SOEs were central management cadres. Basically, they were directly appointed by the organization department and there were 5 companies. It is rare that the position of a general manager of a central enterprise is taken out for open recruitment.

A SASAC personage who declined to be named told reporters at the China Securities Journal: “One of the ways to improve the international competitiveness of the central enterprises is to learn from the advanced international management experience and introduce management talents. To some extent, it is only the implementation of the talent reserve function, and does not put the most urgently needed managerial talents in the right positions. Through a sound market-based selection and recruitment path, the weight of the positions to be hired will undoubtedly establish a central state-owned enterprise. The image of internationalization has played a positive role in demonstration and promotion. Therefore, this change is full of expectations."

Wang Yong spoke highly of the achievements of state-owned enterprise reforms in recent years. He said that from 2002 to 2009, the state-owned enterprises as the vanguard of state-owned enterprises, the total assets from 7 trillion yuan to 21 trillion yuan, an increase of nearly 2 times, the world's top 500 companies from 6 to 30.