I dunno abt the UOB program, but GE actually has something like
this in place for years and they call it a "manager training
program". I provided support work for one of their businesses years
back and had a good peek into their program.
For their manager training program they will scour the globe
looking recruit the brightest graduates incl from SG nus. Then each
of these grads have to go on a 2 year "tour of duty" and attach to
at least 5-6 different businesses in GE all over the world on a 3-6
month basis with pay and board provided. The work that these imlp
do mostly understudy senior management people in GE most of the
time they are like personal assistants cum secretaries cum office
boy/girl not easy work etc ... but if they endure the tenure they
will finally be flown to cincinati one the major companies in GE
and "graduate" from there ...... then only they start from the
bottom of the corporate ladder but within 2 years they will promote
very fast at least twice to full fledge greenbelt executives