Saturday, 25 Mar 2023
Bank Muscat highlights best HR practices

Bank Muscat highlights greatest HR practices

On this occasion, H E Dr Rubaii stated that human capital is the foundation of the nation’s improvement and it is a shared duty in between educations institutions and all distinct sectors to prepare skilled and educated human cadres essential for the labour marketplace.

He added that Bank Muscat has a clear mechanism and methodological criteria to attract national talents to function in numerous jobs in the bank. At all levels, Rubaii encourages educational and instruction institutions to update and leverage on their programmes and to introduce the newest technical developments for the preparation of the Omani generations for distinct jobs and professions, in line with the future needs of numerous sectors of improvement in the sultanate and in line with the common directions of Oman’s 2040 vision.

Ahmed Faqir al Balushi, DGM – Human Resources, created a presentation on the overview of HR method and its alignment with the all round Bank Muscat method. Bank Muscat’s HR practices concentrate on producing, nurturing and supporting individuals to meet the ambitious development plans of the bank, via a wide selection of initiatives that cover all stages of employee life cycle. Bank Muscat is proud to have set a fine instance in constantly developing human capacity and producing rewarding profession possibilities.

Balushi stated, “For people looking for a rewarding career, Bank Muscat remains the employer of choice. The bank’s staff retention strategy stems from its commitment to offer the best opportunities to Omani staff. The bank focuses on refining and upgrading their skills to confront the challenges ahead.”

Bank Muscat has the distinction of outstanding leadership at all levels and has accomplished 94.57 per cent Omanisation, providing priority for Omanis to occupy important positions. Of the total three,646 workers, the quantity of Omani workers presently stands at three,453. Omanis type 75 per cent in the larger management and 92.six per cent in the middle management cadres.

The bank encourages diversity at the workplace in terms of gender, age and talent set. The human sources method is notable as 48 per cent of workers are females holding numerous positions, such as senior management positions. The bank, in step with its vision ‘To serve you better, everyday’ and commitment to partnership in sustainable improvement of human sources, has created main headway with its Jadara Academy programmes to construct a possible leadership
pipeline.

The Jadara Academy serves as a complete platform for all employees understanding and improvement programmes in the bank. The distinctive management improvement programmes launched in collaboration with Harvard Business Publishing, Duke Corporate Education and INSEAD Business School are amongst some of the most ambitious initiatives by the bank to equip Omani workers with the greatest in class improvement possibilities to attain larger levels of skilled competence and abilities.

In line with the vision of His Majesty Sultan Qaboos bin Said for a qualitative shift in national workforce, the bank is committed to supplying profession development possibilities for competent Omani workers and the Jadara programmes are created to additional energise the bank’s human sources in its quest for higher achievements.

As a leader in the economic solutions sector and in line with the bank’s commitment to supplying rewarding understanding possibilities, Bank Muscat is proactively operating with a quantity of executive education providers to make certain that managers at all levels are effectively-equipped with the abilities, tools, information, behaviours and attitudes necessary in the ever-altering atmosphere. To stay the flagship bank in Oman, Bank Muscat invests in individuals and strives to make certain a powerful profession path across all segments of the banking market.

Information Source: Muscat Daily

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