Japan Post to send 45 staff to foreign firms for training
Japan Post plans to send 45 employees to internationally acclaimed corporations in the fields of mail, parcel and cargo delivery and financial services during a four-year period starting this fall, Japan Post officials said Tuesday.
Japan Post is now asking such firms as FedEx Corp., Merrill Lynch & Co., both of the United States, ING Bank of the Netherlands, and Deutsche Bank and Deutsche Post of Germany to accept trainees from Japan, the officials said.
By using a new overseas training system, the public postal corporation wants its human resources to become knowledgeable in overseas mail and financial services and investment businesses, they said.
Japan Post, which took over the three services of mail delivery, postal savings and “kampo” life insurance from the governmental Postal Services Agency on April 1, envisages sending 10 to 12 people for each of four training sessions during the initial phase, with each period lasting about six months, they said.
Japan Post President Masaharu Ikuta, former chairman of major shipping company Mitsui O.S.K. Lines Ltd., has said, “Japan Post has to move speedily in sending our human resources overseas.”
In addition, Japan Post will adopt a new system under which it will send its employees to study at overseas educational institutions with the aim of obtaining Master of Business Administration (MBA) degrees, they said.
The human resources committee of Japan Post will formally approve proposals to launch these new overseas training and study systems, they added.
In addition to these private business firms, Japan Post envisions sending its employees for training at such national agencies as the United States Postal Service, a federal government agency, to have them develop human connections.
Currently, Japan Post has 235 trillion yen in postal savings, and a separate pool of 124 trillion yen in postal insurance premiums.
The officials added that Japan Post wants to have its trainees at overseas financial institutions acquire professional knowhow in both financial services planning and in how to invest its financial resources in bonds.
AP-NY-05-20-03 0702EDT
FDMSKYviaNewsEdge
Copyright (c) 2003 Federal Document Clearing House
