Government wants locals to climb gaming executive ladders

SJM’s Angela Leong On-kei is backing calls by the  Macau government for casino operators to move more locals into executive management positions.  In his policy address last week, Chief Executive Dr Fernando Chui Sai-on said that the long term direction would be towards ensuring that a “certain percentage” of locals are appointed to managerial positions as the economy develops and their academic achievements improve.  Until now, foreigners have tended to hold the top positions due to their greater experience in bank financing and share promotion.  Ms Leong pointed out in a local media interview that more locals are now studying overseas and gaining this kind of experience.