MUSCAT: Over the years, Bank Muscat has adopted innovative strategies to equip Omani employees 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 processes as most of its middle and senior management cadres are drawn from within the bank. For people looking for a full- filling 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 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 is the first bank in the world to win the prestigious Level 3 People Capability Maturity Model (PCMM) certification by Carnegie Melon University, USA. He PCMM certification groups Bank Muscat with an elite group of global organisations which have adopted benchmark human resources process improvements.
Bank Muscat is also the winner of the prestigious Hewitt recognition as the Middle East’s Best Employer 2009. Notably, Bank Muscat is the only institution from Oman to win the high profile Hewitt award based on a study which identified companies that engaged the ’emotional and intellectual energy’ of employees.
Bank Muscat was declared an Investor in People (IiP) organization in January 2007, becoming the first organisation in the MENA region to be awarded the prestigious global recognition. He Omanisation efforts of Bank Muscat have received high commendation from the Ministry of Manpower. He bank was also honoured for its outstanding GCC-level achievement in Omanisation initiatives.
Bank Muscat pursues a human resources development policy in line with the directive of His Majesty Sultan Qaboos bin Said for a qualitative shift in national workforce, thereby providing more career growth opportunities for the youth by strengthening their talents and increasing their participation in the comprehensive development march.
The bank remains committed to playing its national role and shouldering its developmental and social responsibilities within the framework of co-operation and co-ordination with all segments of society. He bank will continue to focus on efforts to provide more career growth opportunities to the Omani youth and invest in training these cadres. Bank Muscat believes investment in the youth will yield continued benefits to the financial sector in Oman.
SOURCE: MUSCAT DAILY