DATE & VENUE:18-23 Aug 2019 | CPSC, Manila, Philippines
PROGRAM CODE:19-20/CPNP01 (Customized Program)
PARTICIPANT'S PROFILE:25 Board of Directors of banks and financial institutions in Nepal
COLLABORATING PARTNER:Banking Finance and Insurance Institute of Nepal (BFIN), Kathmandu, Nepal


Introduction

The banking industry in the 21st century is operating in an environment that requires top bank professionals to possess good combination of hard banking skills, exceptional leadership qualities and amiable interpersonal attitudes for the success of the bank industry today.

Banking professionals have to deal with tremendous pressure and numerous responsibilities every day of their professional lives. Thus, they need to be efficient in managing multiple operations and should have attention to details at the same time. They have to be always on top of any situations considering emerging technological changes in the processes of the bank industry in the 21st century. Bank leaders of today have to cope with the requirements of the digital global setting confronting the world in this century.

Qualities of an effective bank executive include leadership, good organization and problem-solving skills. An exceptional leadership quality and problem solving skills of a top bank executive helps the bank to meet its targets, find solutions, make way for new opportunities and builds confidence among peers and subordinates that challenges encountered by the bank is ensured to be surpassed. Good organization in banking jobs help in maintaining and managing important records and documentation, which is very crucial for the organization.

With the fast moving world, technology in the banking sector is also updated regularly, thus, the quick learning ability of today’s bank executives is a must have quality. The dynamic banking sector needs employees who not only understand the updated technology quickly but also get adapted easily to the new functions so as to make sure the banking operations are carried out smoothly. One needs to quickly grasp the most essential things one needs to learn from the fast changing digital operations in the bank industry.

Analysing problems and thinking logically for the growth of the bank and organisation is absolutely necessary for the bank job. Predicting market trends and event based fluctuations are common in the financial sector. Keeping a keen eye on such events and using analytical skills will surely help the organization and thereby growth.

Effective communication is very important in every domain. Banking professionals directly deal with end customers. Hence, it is crucial that bank executives nurture excellent written and verbal communication skills. It is also important as they need to communicate financial matters to their colleagues without any confusion.

For the bank industry in Nepal to succeed in the fast moving digital world, bank leaders need to possess such qualities. In this light, the ‘Banking, Finance and Insurance Institute of Nepal’ (BFIN) which aims to develop human resources in the financial systems in Nepal is working with CPSC, Manila, Philippines in conducting a five-day training cum banks/industrial visit study program to learn about the leadership challenges in the bank industry and respond to the digital transformation shaping the global world. This program is targeted for CEOs, Deputy CEOs, and senior executives of different financial/public sectors in Nepal.

In this executive development program, executives will have the opportunity to understand the financial and technology development shaping the industries in Philippines through lectures by top academics of CPSC and resource persons from varied financial institutions from the country. The program is set to hone the managerial skills and qualities of excellent bank professionals towards the success of bank industries of Nepal.

Apart from the leadership development of bank executives, the program targets to provide insights on major transformations, trends, best practices, policies and challenges in the financial sector in the country through face to face discussions supplemented by institutional visits.

The program is set to contribute to the financial institutions of Nepal by assisting in the human resources development through provision of insights sharing and benchmarking with financial institutions in the Philippines in the light of the collaboration between CPSC and BFIN.

Objectives

The program aims for participants to:

  • Understand leadership challenges, professional accountabilities and responsibilities of a Board Member of financial institutions
  • Be aware of emerging trends and directions in the finance industry in Philippines or across the globe;
  • Comprehend the future leadership challenges emanating from the development of technology, and other external and internal environmental factors;
  • Learn about the technology development, risks and challenges in the financial sector; and
  • Be prepared as leaders ready to cope with the digital world of tomorrow.