MUSCAT, 8 December 2014 – Bank Muscat, the flagship financial services provider in the Sultanate, honoured employees who successfully completed a comprehensive skill and knowledge enhancement programme launched by the bank in pursuit of strategic objectives. AbdulRazak Ali Issa, Chief Executive, presided at the honouring ceremony of
the Development Centre programme participants, attended by members of the Management team. In all, 41 employees drawn from diverse business units were honoured at the ceremony which marked the successful conclusion of the Development Centre programme launched in 2012.
AbdulRazak Ali Issa said: “Over the years, Bank Muscat has adopted innovative strategies to equip Omani staff to take up leadership positions in tandem with future challenges. The bank continuously invests to build human capacity and create career opportunities for highly-qualified Omani nationals. The bank has been able to derive maximum mileage out of its HR as well as Learning & Development processes as most of its middle and senior management cadres are drawn from within the bank."
AbdulRazak Ali Issa added: “The bank has developed a comprehensive Learning & Development strategy for skill and knowledge enhancement vis-à-vis the requirement of various departments. The multi-skill development programmes have benefited a large number of staff. For people looking for a fulfilling career, Bank Muscat is the employer of choice. The bank has achieved qualitative advance in the human resources sector as it attracts the best Omani cadres for employment at all levels."
The Development Centre was created as a means to groom Omani employees on the different business functions of the bank. Ever since the launch of the Development Centre in 2008, the bank has provided niche learning opportunities to employees who have undergone comprehensive development programmes to enhance their level of knowledge and skills. As a result, Bank Muscat has the most talented banking staff in the country with a vast knowledge in functional and leadership competencies.
For people looking for a fulfilling career, Bank Muscat is the employer of choice. The bank has achieved qualitative advance in human resources as it attracts the best Omani cadres for employment at all levels. The bank's women empowerment strategy is also notable as 46 per cent of staff are women holding various positions, including senior management positions.
Bank Muscat pursues a human resources development policy in line with the directive of His Majesty Sultan Qaboos for a qualitative shift in national workforce, thereby providing more career growth opportunities for youth by strengthening their talents and increasing their participation in the comprehensive development march. Bank Muscat believes investment in youth will yield sustainable benefits to the financial sector in Oman.