Friday, 16 Apr 2021
Bank Muscat, the flagship financial services provider in the sultanate, in step with its vision ‘To serve you better, everyday’ and commitment to partnership in sustainable development of human resources, has stepped up efforts to provide rewarding career opportunities for Omani youth.

three,453 Omanis dedicated to strengthen Bank Muscat management

The financial institution enrolled 221 new Omani workers to work in several departments within the first eight months of this 12 months, together with 207 Omani youth as a part of the nationwide initiative to create 25,000 new jobs on the Royal Directive of His Majesty Sultan Qaboos bin Said.

Ahmed Faqir al Balushi, DGM – Human Resources, mentioned, “As the nation’s main banking accomplice, Bank Muscat attaches nice significance to nationwide initiatives, particularly human sources improvement aimed toward contributing to Oman’s future by investing in expertise which is the true wealth of the nation. Sustainable human sources improvement is likely one of the key priorities of the financial institution.

“Bank Muscat is proud to take the lead among private sector institutions to carry out the national responsibility in creating job opportunities and providing a suitable work environment. We stand together with the government in its pledge to create 25,000 new jobs for Omani job-seekers.”

Every 12 months, Bank Muscat welcomes new recruits to take up numerous positions within the financial institution. The absorption of latest workers displays the financial institution’s focus to develop its younger Omani management.

Bank Muscat has the excellence of excellent management in any respect ranges and has achieved 94.57 per cent Omanisation, giving precedence for Omanis to occupy key positions. Of the overall three,646 workers, the variety of Omani workers presently stands at three,453. Omanis type 75 per cent in the upper administration and 92.6 per cent within the center administration cadres.

The financial institution encourages range on the office when it comes to gender, age and talent set.

The human sources technique is notable as 48 per cent of workers are girls holding numerous positions, together with senior administration positions. Bank Muscat reckons its competent individuals as key power and is concentrated on equipping them to make very important contributions to the financial institution’s progress and success. The financial institution performs a outstanding position within the improvement of Omani expertise and is dedicated to investing in bettering their expertise and experience.

The financial institution supplies related instructional and coaching alternatives to workers. The coaching and improvement programmes are carried out by way of specialised programs carried out by accredited coaching facilities or by way of educational hyperlinks with schools, universities and main coaching institutes on the regional and international ranges.

The financial institution earmarks substantial allocation for coaching and improvement of human sources in all capabilities and obligations assigned to them. The Jadara Academy supplies a complete platform and framework for all workers studying and improvement programmes within the financial institution. The Jadara Academy affords a variety of sentimental expertise, management and useful improvement programmes. Since 2017, over 10,000 classroom coaching alternatives had been supplied and seven,800 workers accomplished totally different eLearning modules. The Ministry of Manpower has endorsed the Jadara Academy as an authorised coaching centre. Opportunities can be found for workers to pursue part-time Diploma/Bachelor programmes at native schools in addition to Post-Graduate programmes at main worldwide enterprise colleges. In the current years, 465 workers had been granted instructional help to finish their educational in native and worldwide schools/universities/enterprise colleges.

The financial institution facilitates skilled for workers in areas like treasury, funding, commerce finance, playing cards, IT, finance and human sources. Recently, the financial institution supported 180 workers to finish skilled certifications in areas associated to their capabilities.

Leadership and administration improvement programmes can be found for first line managers, center and high administration, facilitated by school from famend enterprise colleges like International Institute for Management Development (IMD), INSEAD, University of Cambridge and Duke Corporate Education.

Nineteen workers lately accomplished the two-year High Potential Graduate Development Programme. Ninety-one workers have been enrolled within the Tatweer Team Leaders Development Programme since 2017.

Thirty-seven workers members lately accomplished the Duke Corporate Education Middle Management Programme. The Cambridge Middle Management Development Programme has 37 workers members presently enrolled for the programme. Thirty-four workers members are presently taking part within the INSEAD Management Development Programme.

The financial institution supplies useful improvement programmes based mostly on totally different roles/job profiles comparable to department managers, service managers, wealth administration, challenge finance, SME and credit score. The Certified Branch Managers Programme is presently attended by 115 department managers.

The Certified Branch Service Manager programme is attended by 94 service managers. The Level 1 Certified Premier Banking Relationship Manager programme has been accomplished by 38 relationship managers. The Certified SME Lending Expert certification has been accomplished by 20 workers.

The financial institution affords engaging advantages to workers, together with private and housing finance at aggressive charges, incentives for efficiency excellence, engagement programmes for members of the family and a really perfect work-life steadiness surroundings. Bank Muscat Hearts is a workers initiative to interact in volunteer social improvement programmes benefiting needy sections of society.

Bank Muscat’s HR practices deal with creating, nurturing and supporting individuals to satisfy the bold progress plans of the financial institution, by way of all kinds of initiatives that cowl all phases of worker life cycle. Bank Muscat is proud to have set a positive instance in repeatedly constructing human capability and creating rewarding profession alternatives.”

Khalid Khalifa Mansoor al Hinai from Firq department mentioned that he was blissful for the chance to work within the main monetary providers supplier in Oman. The work surroundings is superb and the financial institution has put in place profession improvement programmes for all workers, Hinai mentioned, including that he had attended three coaching programmes to develop expertise since he joined the financial institution.

Information Source: Muscat Daily

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