Page 42 - Demo

planning a succession pipeline
We invested in succession planning by initiating a multi-pronged Leadership development Series for national managers, managing key functions. they underwent assessments of current capability that resulted in an individual development plan. this was followed by workshops on people management, Leading change and Business Acumen.
during the year, several roles were exposed to cross-functional upskilling and cross-selling with the launch of new business verticals and the ramping up of others.
State LeadeR tRaininG WoRkShop
The Bank has always responded
to crisis situations with speed and empathy. Keeping this purpose in mind we appointed State Leaders who are the decision makers during crisis situations and oversee the well-being of employees
and business in the State they represent. At the workshop, State Leaders interacted with the various Heads of Departments, discussed their plans for their respective states in detail while taking direction from the Leadership team. Each State Leader has a mentor, who will support them in activities for the state.
aBhiYan SeLLinG SkiLLS FoR micRoBankinG
A focused sales training was conducted for the CRO, CRM
and ACRM groups, who interact directly with our customers.
the initiative was created in order to enhance their ability to cross- sell our products. The programme covered 2,298 people.
caRinG FoR oUR peopLe
We believe that our success is
the result of the hard work our employees put in and we share our success with them. During 2019- 20, we launched the Employee Stock Option Plan (ESOP) and granted options to 28% employees. the stock options were given based on the tenure and employees’ performance irrespective of
their grades in the Bank. Overall, 4,410 employees were granted the first eSop scheme of the Bank at a preferential rate in August 2019.
eSop Scheme
Hierarchies
Below Supervisory Supervisory Managerial
Senior Management total
Number of employees granted first Bank ESOPs 1,785 2,153 447 25 4,410
Before our IPO, we also initiated our Employee Stock Purchase Scheme (ESPS), in which 4,359 employees opted to purchase the shares.
40 | AnnuAl RepoRt 2019-20