Since inception, NIBSCOM has been consistently engaged in developing its training modules, course-ware, reading material, pedagogy and deliverables more aligned to the evolving ecosystem of banking operations so that those exposed to training can be more efficient at the work space. Over decades of its association with building human resource competencies for banks and financial institutions, niche training capabilities have been built drawing guidance from its wide array of stakeholders, more importantly the honorable members of its governing board.
We realize that banks operating in a VUCA world where Vulnerability, Uncertainty, Complexity and Ambiguities pose constant challenges, the skill sets, talent and leadership flair of human resources in banks need compatible up-gradation to create competitive differentiator in the evolving banking industry.
It is encouraging to rejoice with tangible results of our constant endeavor to groom pipeline leadership and build their skill sets and capacity, when we find many of our alumni participants today are occupying premier positions leading many banks as MD & CEOs and Executive Directors (EDs) and even sparing time to join our guiding force to take this institute to a higher trajectory. We express our gratitude to our past participants who take pride in supplementing our efforts.
Taking this journey forward and in collaboration with our member banks, we are constantly engaged in creativity and re-engineering to align our training programs loaded with enriched contents factoring evolving regulatory dispensation and bank’s changing policies and priorities. Our efforts is to make our training more pragmatic and useful to participants to better perform – post the training. Entry-level tests, exit tests and obtaining feed back from nominating institutions are some of the tools to enable us to further improve our performance. The faculty and non-teaching support staff have developed a single minded focus to improve the utility of this institute to the stakeholders.
Taking cue from some of the recommendations of Mr. G. Gopalakrishnan Committee report on ‘Capacity building in banks and non-banks’, we have also began to revamp our training schedules to provide more space to the core specialized areas of banking - risk management, credit appraisal, Asset quality management, para-banking, foreign trade and forex management depending upon the needs of our key stakeholders. The efforts to increase our capacity to undertake certification of knowledge in key banking areas has been on our agenda as and when our request with Indian banks association (IBA) gets formal approval as accredited institution for the purpose.
As an ISO accredited training institute with an established experience and proven credentials in imparting professional training to banks and financial institutions in core areas, we are well geared up to match the training needs of next generation banking professionals. While we continue to learn the nuances of how to bring about qualitative improvement to emerge as significant contributor in capacity building of human resources in banks and financial institutions, we earnestly plead our stakeholders to keep guiding us with what special contributions we can make when banks experience transition in the unprecedented spate of consolidation in public sector banking space. We stand committed to enable seamless consolidation by associating with human resource up-gradation and shall provide experiential learning.
With best wishes,
S. K. Arora