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ECCB ANNUAL REPORT 2016/2017
HUMAN RESOURCE DEVELOPMENT
Over the year, the Human Resource Department (HRD)
increased its focus in the areas of recruitment, training
and development, laying the foundation for a modern
HR Strategy, policy enhancement and compliance,
compensation and benefits management. The HR
Committee which includes top level management, was
established to support this effort.
HR Consultancies
The Bank is committed to developing the human
resource function to ensure that its human resource is
managed through best practices. To this end, the Bank
approved the engagement of three HR consultancies in
the areas of: Leadership and Development, Modern HR
Strategy Development and Performance Management.
Terms of Reference were formulated for the three
consultancies. The tender for a modern HR Strategy
Consultancy was advertised, applications were
received and the process is currently at the shortlisting
stage. The Performance Management Consultancy is
expected to be undertaken in the upcoming year.
Recognising that effective leadership is paramount
to the optimal performance of staff within the Bank,
the services of World International Action Learning
(WIAL) consultant, Mr Verieux Mourillon, was engaged
as principal consultant in collaboration with Dr Ruby
Brown, to conduct leadership and development
training. Aphasedapproach in leadershipdevelopment
within the bank, was adopted and commenced in
November 2016. An initial cohort of 38 managers
responsible for strategic, tactical and operational
direction, was equipped with the necessary mentoring
and coaching skills. The training is scheduled to be
completed by the end of July 2017.
Training and Development
The ECCB increased its thrust towards providing quality
training opportunities for staff. Approval was granted
for 51 Management Initiated Training Programmes.
The programmes focused mainly on providing
professional development in the areas of: Bank
Supervision and Regulation, Macroeconomics,
Executive Committee and managers at leadership and development training Session - November 2016