Amundi Boc Wealth Management Co Ltd, the first foreign-controlled joint venture wealth management company in China, has experienced remarkable growth since its establishment in the Lin-gang Special Area in September 2020.

Amundi Boc Wealth Management is a joint venture between Amundi Asset Management and Boc Wealth Management, a subsidiary of Bank of China.

Since its inception, Amundi Boc Wealth Management, which focuses on financial product asset management, has expanded its workforce to nearly 80 employees.

According to Bao Aili, the general manager of the company, supportive policies in talent acquisition and other fields have contributed to its rapid development.

Bao also noted how the Lin-gang Special Area has taken steps to make talent settlement more convenient.

"Lin-gang offers substantial support for talent settlement, and this includes housing assistance for young employees. This has been highly beneficial to our company where most employees are recruited from foreign communities."

Having implemented 13 reform measures related to areas like freedom of trade and capital over the years, the Lin-gang Special Area has created an environment that is conducive for system innovation. Bao believes this has provided ample opportunities for the company to expand its business.

A view of Amundi Boc Wealth Management Co Ltd in Lin-gang Special Area. [Photo/WeChat ID: shlgguanweihui]