OCBC deepens next-generation wealth franchise with expansion of GENesis programme

OCBC has expanded its invite-only GENesis programme to see the children of high-net-worth customers successful Hong Kong. Now successful its 3rd year, the exclusive programme has grown steadily since its inception with 27 participants from Singapore, Malaysia, Indonesia and Hong Kong. More than fractional of this year's cohort travel from families wherever astatine slightest 1 genitor is simply a concern owner.

Equipping the adjacent procreation with entrepreneurial skills to win

Recognising the relation that the adjacent procreation volition play successful stewarding household wealth, the GENesis programme places a beardown accent connected entrepreneurship and lays a instauration for household conversations astir succession and bequest planning. Since wealthiness transportation conversations often deepen erstwhile children are successful assemblage oregon entering the workforce, the programme is tailored to participants betwixt the ages of 18 and 25 years old.

According to OCBC, the programme this twelvemonth offers participants deeper insights into their idiosyncratic strengths, networking opportunities with concern leaders and foundational cognition successful fiscal planning. For the archetypal time, OCBC has besides partnered with the Singapore Management University Executive Development to connection participants certification successful a one-day "Entrepreneurship and Innovation Essentials" course, wherever participants larn entrepreneurial frameworks for innovation.

Enabling next-generation concern owners to physique a determination web

The inclusion of Hong Kong strengthens GENesis arsenic a determination platform, bringing unneurotic the adjacent procreation of high-net-worth families from OCBC's cardinal markets including Singapore, Malaysia and Indonesia. The programme facilitates cross-border networking, ideas speech and vulnerability to divers perspectives connected wealth, entrepreneurship and concern leadership. GENesis has grown into a distinctive programme that prepares high-net-worth families' adjacent procreation to navigate wealthiness and bequest transitions.

Susan Tan, Head of Segment, OCBC, said: "Often, our high-net-worth customers are acrophobic astir wealthiness creation, preservation, succession and bequest planning. Many GENesis participants, who travel from business-owning families, whitethorn 1 time presume enactment roles wrong the household concern oregon commencement their ain ventures. By exposing them to entrepreneurship and fiscal literacy concepts earlier, we privation to springiness them the assurance to navigate the worlds of concern and finance, imparting applicable skills truthful that they bash not person to commencement from scratch, oregon fig everything retired alone."

"OCBC deepens next-generation wealthiness franchise with enlargement of GENesis programme" was primitively created and published by Private Banker International, a GlobalData owned brand.