28 October 2012

LVMH to open Asia Pacific Development Centre in Singapore

24 October 2012 - LVMH announces the opening of its Asia Pacific Talent Development Centre in Singapore. The centre will train managers from various levels, most of them from Singapore, Hong Kong and Shanghai. It will host mentoring programs, case study sessions and also collaborate with the likes of INSEAD's Singapore campus, the National University of Singapore and Singapore Management University on researching luxury brand management. 

Chantal Gaemperle, LVMH's Group Executive Vice President for Human Resources and Synergies, said: “Singapore was an obvious choice for ‘planting’ our Talent Development Centre here. I see LVMH as an Ecosystem and this investment of time, money and our key people is another example of our commitment to expanding the Universe of LVMH.” 

Mr Alvin Tan, Assistant Managing Director, Singapore Economic Development Board, said, “LVMH is the world leader in luxury and I am delighted that Singapore will play a more significant role in grooming LVMH’s next generation of Asian leaders. Singapore is a strategic location for companies to develop and deploy future leaders with pan-Asian perspectives, and LVMH’s decision reinforces our position as a talent hub.” 

Source: Singapore Economic Development Board