SAN FRANCISCO - June 19, 2013
Continuing to support its large Global Financial Institution (GFI) customers, Wells Fargo’s International Group, part of Wells Fargo & Company (NYSE: WFC), is celebrating the 25th anniversary of its Overseas Bankers Training Program (OBTP). Through this unique program, Wells Fargo invites select bankers from its GFI customers to San Francisco and provides education and training in topics that include risk management, credit analysis, cross sell and trends in international banking. This year’s participants came from banks across Asia, including China, Hong Kong, India, Indonesia, Japan, Laos, Malaysia, Philippines and Taiwan.
“This program provides our GFI customers with valuable information that they can apply to their daily operations,” said Yung-Chang Ho, head of Wells Fargo’s GFI business in Asia. “By working with a large number of these talented bankers during the past 25 years, our GFI relationships have become stronger and even more valuable to our customers.”
Approximately 800 participants representing Bangladesh, China, Indonesia, India, Japan, Korea, Laos, Malaysia, Philippines, Taiwan, Thailand, Singapore and Vietnam, have attended the OBTP since it began in 1988.
Edmund Tondobala, head of Financial Institutions for the Bank Central Asia in Indonesia, attended the program in Philadelphia in 1994. “The OBTP provided a great opportunity for us to learn about international products as well as gain a better understanding about the U.S. banking system. I believe this program will be even more important in the future as the banking industry continues to experience various cycles and challenges,” he said.
Wells Fargo’s International Group provides small businesses, corporations, financial institutions, and multilateral organizations with a wide range of international solutions from more than 35 global locations, including branches in Cayman Islands, Dubai International Financial Center (DIFC), Hong Kong, London, Seoul, Shanghai, Singapore, Taipei, Tokyo and Toronto.
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.