Pan Asia Bank wins gold for commitment to people development

Wednesday, 27 December 2017 00:00 - - {{hitsCtrl.values.hits}}

Pan Asia Bank was awarded a gold award for people development at the recently held SLITAD People Development Awards 2017, organised by the Sri Lanka Institute of Training and Development (SLITAD) for the third consecutive year.

This is a premier awards program which recognises best practices in human resources development among Sri Lankan business enterprises.

The evaluation criteria for the award comprise 10 main areas namely Business Strategy, Learning and Development Strategy, People Management Strategy, Leadership and Management Strategy, Management Effectiveness, Recognition and Rewards, Involvement and Empowerment, Learning and Development, Performance Measurement and Continuous Improvement.

Further, SLITAD has assessed the deliverables of the organisation in the above criteria through a comprehensive on-site study.

Pan Asia Bank’s achievement at the People Development Awards 2017 is a testament to its commitment to achieve excellence in all the mentioned areas.

Pan Asia Bank, which celebrated its 22nd anniversary this year, has become the fastest-growing commercial bank in Sri Lanka for the fourth consecutive year, winning several accolades along the way including a merit award at the recently held National Business Excellence Awards.

Commenting on its latest achievement at the SLITAD People Development Awards 2017, Pan Asia Bank CEO/Director Nimal Tillekeratne stated that the bank strongly believed that its greatest asset was its staff force. As such, the bank remains steadfastly committed to investing in the development of its team members, shaping leaders for the future and taking the bank to the next level.

Pan Asia Bank has a team of approximately 1,400 staff members as at end Q3 of 2017, who regularly undergo various training programs held both locally and overseas. Approximately 68% of the staff members are below the age of 30 years, making it is one of the youngest workforces in the industry and it holds huge potential for the future.

Pan Asia Bank Head of Human Resources Rohitha Amarapala said: “The unique and dynamic culture in Pan Asia Bank encourages and recognises the different talents of its staff members even outside its business requirement. To foster this spirit and enhance our service standards, we embarked on new learning and development initiatives by making use of the best resource personnel from both local and overseas. It is indeed a fulfilling experience to win this award and be recognised in this manner competing against many leading organisations. This will definitely be a positive endorsement as well as an encouragement for us to continue our journey towards recognising and nurturing future leaders.”