Future finance leaders to come from Malaysia and other super hub cities

• Shared services, outsourcing and increasingly global business operations, provide career progression for young financial talents in Asia

The world's best emerging financial and accounting talents are likely to come from "super hub" cities, writers Peter Whitehead of the Financial Times.  These are cities that can attract and hold the best talent.

Malaysia's Tun Razak Exchange (TRX) is set to combine local and overseas financial institutions and other corporations in one hub. With this in place, the country will require about 40,000 qualified financial talents by 2020.

According to Deborah Kops, managing principal of an outsourcing firm Sourcing Change, there is a steady increase of 24-year-olds in India and Malaysia taking responsibilities that it took baby boomers in the west 20 years to learn. She adds that these young professionals are now managing accounts, processes and teams, replacing managers who may be as much as twice their age.

Other super hub cities are Krakow, Poland; Budapest, Hungary; Manila, Philippines and Chennai, India.

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