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AfrAsia Bank Limited and its Group Entities

Annual Report 2015

page 26

STRATEGIC INTENT - OUR PEOPLE AND THE AFRASIA BRAND

CORPORATE PROFILE AND STRATEGY (CONTINUED)

INVESTING IN OUR PEOPLE

‘BANK DIFFERENT’ AS COMMERCIAL FOCUS

RISKS

ACHIEVEMENTS

Opening of flagship branch in Ebene

Launch of the first VISA Platinum Prepaid card

Title sponsor of first worldwide tri-sanctioned

tournament, AfrAsia Bank Mauritius Open

Participation in roadshows, conferences,

panel discussions to take the brand

internationally

Introduction of foQus, a quality excellence

project, aimed at enhancing customer

experience

STRATEGY

To uphold the ‘Bank Different’ approach while

continuing to innovate and develop new banking

solutions that create value for customers

To reinforce the Bank’s communication approach

with further specialised attention, streamlined

processes and integrated channels with customers

OPPORTUNITIES

Using technology and new trends to improve

the customer experience journey

Ensuring the Bank’s major events such as

AfrAsia Bank Mauritius Open & AfrAsia Bank

Cape Wine Auction remain valuable sponsorship

assets to promote the brand internationally

while reaching potential customers

Reputational risk

Product risk

STRATEGY

OPPORTUNITIES

ACHIEVEMENTS

RISKS

Recruited 39 full-time employees during

this year

Approximately MUR 3m invested in

Learning and Growth

Continue to provide job opportunities

via the Youth Empowerment Programme

scheme; providing real work experience

and training

To recruit and develop employees to

achieve individual goals that align to

our corporate objectives

Career paths and succession planning

Improve our induction programme

Grow more in-house talent

Build upon the foQus programme to

reinforce organisational culture and values

Due to new banks on the market, there

is an increasing risk of attrition

Skills gaps continue to be a challenge

in Mauritius

High compensation packages are

needed to attract unique skills and

talented employees