Grooming middle management employees for leadership cadre @ CUB A
t City Union Bank, expenditure on training is viewed as investments in human capital. It is a continuous endeavor to enhance the capabilities of individual employees through appropriate trainings at various stages of their career and to improve their productivity. Trained manpower is the most significant asset of any organization. The recruited candidates are given induction training at the bank’s staff training college at Kumbakonam, Chennai and at other reputed training institutes on the basics of banking to improve their knowledge level on operational front before being inducted into the bank, says V. Ramesh, CFO at City Union Bank.
Training is imparted on a continuous basis to improve the confidence level, commitment to job and development of skill sets. It is also imparted in areas like credit, forex, risk management and leadership development for senior officers and potential executives are undertaken through institutions like NIBM Pune, SIBSTC, CAB, CAFRAL, IIMAhmedabad, etc. The employees at the middle management level are identified based on competencies and performances at different stages of career and groomed by proper training to take up the position in top management cadre over a period of time, thereby ensuring an uninterrupted succession plan.