Annual Report 2007
Annual Report 2007
Annual Report 2007
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A n n u a l R e p o r t 2 0 0 7<br />
Organisation, Staff and Staff Development<br />
In <strong>2007</strong>, Banco ProCredit invested strongly in increasing<br />
the size of its staff, strengthening its organisational<br />
structures, and developing training<br />
programmes for new and existing employees. The<br />
bank established the Training Department, the<br />
Security Department and a Budget and Control<br />
Division to support institutional development.<br />
The number of employees increased by 81%, and<br />
stood at 537 as of December <strong>2007</strong>. At the end of<br />
the year, 43% of our employees were front office<br />
staff. The bank plans to hire an additional 150 employees<br />
in 2008, mainly for operational positions.<br />
Since 2006, the bank has used staff performance<br />
evaluations to improve the quality and efficiency<br />
of its services. The assessment programme identifies<br />
staff members who have the potential to<br />
serve in management positions or who might perform<br />
better in other positions. Staff also receive<br />
direct feedback from their supervisors during annual<br />
appraisal interviews. These discussions allow<br />
managers and their employees to talk openly<br />
about current issues, past performance, training<br />
needs, and objectives for the coming year.<br />
The bank promotes professional development<br />
and staff motivation through its extensive training<br />
programmes. To improve the organisation and<br />
planning of these training courses, a dedicated<br />
Training Department was set up in September<br />
<strong>2007</strong>. The department is responsible for ensuring<br />
that staff have the training to provide clients<br />
with high quality services and that appropriately<br />
qualified staff are available for the branches and<br />
departments at the right time.<br />
The bank prepares employees to assume middle<br />
management positions through a special twoweek<br />
training course covering technical, communication<br />
and management skills as well as the<br />
bank’s mission and corporate values. Few companies<br />
offer such training in Mozambique, and the<br />
course enhances the bank’s reputation as an attractive<br />
employer.<br />
In addition, middle managers receive intensive<br />
professional development and leadership training<br />
at the ProCredit group’s international and<br />
regional academies. Six of Banco ProCredit’s<br />
managers are participating in the three-year parttime<br />
programme offered by the ProCredit Academy<br />
in Germany, and four more staff will begin the<br />
course in 2008. The Regional Academy for Africa,<br />
which provides training to middle managers from<br />
the ProCredit institutions in Africa, opened in July<br />
<strong>2007</strong>. Eleven participants from Banco ProCredit<br />
Mozambique are attending the course at the Regional<br />
Academy, which is divided into four blockes