CIBT To Provide Executive Training To Global Trading Firm
Canadian Institute of Business and Technology Corporation (CIBT), a subsidiary of Capital Alliance Group Inc., has entered into a corporate agreement to deliver a custom-designed executive training program to global trading company Jebsen & Co. Ltd. (Jebsen) in Beijing, China. Under the terms of the agreement, Jebsen will send a group of its general managers to the CIBT program for training every two months beginning January, 2002.
CIBT’s executive training program is a certificate-level program, designed to provide Western-based management skills, culture and theory to executive-level managers at corporations and government departments and agencies in China. Delivered by highly qualified, professional trainers with senior-level business experience, the program combines lectures and seminars with group work and case studies. The curriculum to be delivered to Jebsen requires business strategy, marketing management, leadership, financial management and human resources management.
“Since China entered the WTO (World Trade Organization) in December, 2001, foreign companies have dramatically accelerated the pace of investment, market entry and corporate expansion in China, and as a result, have increased the demand for executive-level business training programs that meet international standards,” stated Toby Chu, president and chief executive officer of CIBT. “As foreign companies continue to build on opportunities in China, amidst growing competition, providing employees with a solid foundation of Western business practices and management becomes more and more essential.”
About Jebsen & Co. Ltd. Jebsen & Co. Ltd. (Jebsen), founded in 1895, has a long history in Hong Kong and China, extending from its early years as a pioneer trader to its current role as a leading marketing, services and distribution corporation in the region. Today, Jebsen has a business network that employs over 1,000 people in 20 offices and joint ventures in nine major cities of China and in Hong Kong. In March, 1995, Jebsen celebrated its 100th anniversary in Hong Kong. Jebsen provides new products and technology alongside its existing brands and services and plans to open further opportunities for companies to claim a stake in the expanding Chinese market. Future plans require a transition from import/export business to China-based processing, manufacturing and service operations.
On Behalf of the Board of Directors of CIBT.
President and C.E.O
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