MANILA, Philippines– Heeding the call of Philippine President Benigno Aquino III for investment in this fast-developing archipelago, a major multinational did just that Tuesday with the inauguration of finance center hub here in a bid to catapult the company’s financial transactions and services across the Asia-Pacific Region.
Johnson & Johnson Inc., set up the Global Finance Services (GFS) center to provide financial services across Johnson & Johnson sectors in the Asia Pacific region, including Consumer, Medical, Pharmaceuticals, Vision Care, Ortho-Clinical Diagnostics and Information Technology Services.
A handsome four-story building located at the Johnson & Johnson’s Philippine headquarters in Parañaque City, the GFS center officially opened for business following a short program attended by various members, officers, and business leaders of Johnson & Johnson’s who flew in from different parts of Asia.
“GFS wil be the backbone of our financial organization.” Dominic Caruso, Vice President and Finance and Chief Financial Officer of the company said on his speech.
“The establishment is a milestone in the international community. It will provide high-quality and cost-effective transactional processing and financial reporting services under global governance, executed at a global, regional, and country level as required.” Caruso added.
The Consumer segment make up the Philippines’ largest contribution in the company’s sales. It is also the longest standing affiliate of Johnson & Johnson Inc. in Asia, with its 55th anniversary this year.
“We chose Philippines as the ideal location because its workforce has a long list of strengths.” Vice President Finance, GFS Joseph Bondi revealed.
Caruso also tagged Filipinos as a ‘skilled group of people’ who are well trained, hard-working, educated, and dedicated.
“The company aims to hire a total of 150 employees by the end of 2011, and shall expand as time goes by.” Caruso added.
GFS has a maximum employment capacity of 700 and is currently being manned by approximately 120 Filipino finance professionals. Erika Villanueva, contributor, INQUIRER.net
January – ZERO WASTE MONTH
“Stop wasting our money.
Stop corruption!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
January
24 Jan – International Day of Education
26 Jan – International Day of Clean Energy
Monthly Observances:
National Microinsurance Month
Zero Waste Month
Weekly Observances:
Week 1: National Time Consciousness Week
Week 3: National Mental Health Week
Last Week: Children’s Week
Daily Observances:
January 6: Community Development Day
Third Sunday: Children’s Day
Day of Sanctity and Protection of Human Life
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