MUSCAT -- Bank Muscat, the flagship financial services provider in the Sultanate, has won a prestigious HR Leadership award in recognition of vital contributions to moulding the finest Omani talents. For the second time, Salim al Kaabi, DGM - Human Resources, was conferred with the HR Leadership Award hosted by the Employer Branding Institute, CMO Asia.
Bank Muscat was cited as a best employer brand with a distinct identity visible through HR practices, polices and strategy. The award acknowledged exemplary excellence in learning and development initiatives; distinctiveness in employee hiring; training and retention practices and continuous innovation.
Salim al Kaabi said: "We are greatly honoured to be chosen for this prestigious award. Bank Muscat considers intellectual capital as corporate asset and managing employee potential as a crucial element of delivering shareholder value. The bank pursues effective engagement of employee retention and optimal performance of the workforce."
Bank Muscat's achievements in the development of human resources have been consistently recognised locally and internationally. Bank Muscat is the first bank in the world to receive PCMM Level-3 certification for benchmark human resources processes. Notable achievements include the Hewitt recognition as the Middle East's Best Employer and the Investor in People award. On several occasions, the Ministry of Manpower has appreciated the bank's human resources development initiatives.
The HR practices focus on creating, nurturing and supporting people to meet the ambitious growth plans of the bank, through a wide variety of initiatives that cover all stages of employee life cycle. HR serves as a strategic partner along with businesses in the bank's success story.
The Omanisation level presently exceeds 93 per cent at the bank, which has been able to derive maximum mileage out of HR processes as most of its middle and senior management cadres are drawn from within the bank.
Al Kaabi said: "Bank Muscat maintains an unassailable lead as the best place to work. We regard our people as our most precious asset and maintain the highest standards of people management. We wish to continue investing in our people to improve the performance of the organisation. The bank reflects a high level of commitment towards its people, encouraging them to take ownership and responsibility and contribute to the growth of the organisation."
Over the years, the bank has adopted innovative strategies to equip Omani staff to take up leadership positions in tandem with future challenges. Scripting benchmark human resources development processes, the HR role primarily revolves around as a planner and change agent.
For people looking for a fulfilling career, the HR achievements lead to a determining factor for important career choices. Bank Muscat's human resources strategy focuses on one major objective -- reinforce the bank's position as the employer of choice.
© Oman Daily Observer 2013
