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Pan Asia Bank wins Gold for its commitment to people development

January 10, 2018

Pan Asia Bank was awarded a Gold award for people development at the recently held SLITAD People Development Awards 2017, organized by the Sri Lanka Institute of Training & Development (SLITAD) for the third consecutive year. This is the premier awards program that recognizes best practices in the human resources development among the Sri Lankan business enterprises.

The evaluation criteria for the award comprises of 10 main areas namely, Business Strategy, Learning & Development Strategy, People Management Strategy, Leadership & Management Strategy, Management Effectiveness, Recognition & Rewards, Involvement & Empowerment, Learning & Development, Performance Measurement and Continuous Improvement. Further, SLITAD has assessed the deliverables of the organization in the above criteria’s a though a comprehensive on site study.

Pan Asia Bank’s achievement in People Development Award 2017 is a testament to its commitment to achieve excellence in all the aforementioned areas.

Pan Asia Bank which celebrated its 22nd Anniversary this year has become the fastest growing commercial banks in Sri Lanka for the 4th consecutive year, winning several accolades along the way including a merit award at the recently held National Business Excellence awards. Commenting on its latest achievement at the SLITAD People Development Awards 2017 Mr. Nimal Tillekeratne – CEO / Director Pan Asia Bank, stated that the bank strongly believes that its greatest asset is the staff force. As such, the bank remains steadfastly committed to invest in development of its team members shaping leaders for the future and take the bank to next level.

Pan Asia Bank has a team of approximately 1400 staff members as at end Q3 of 2017, who regularly undergo various training programs held both locally and in overseas. Approximately 68% of the staff members are below the age of 30 years, making it is one of the youngest work force in the industry and holds a huge potential for the future.

Mr. Rohitha Amarapala, Head of Human Resources of Pan Asia Bank said “The unique and dynamic culture in Pan Asia Bank encourages and recognizes different talents of its staff members even outside its business requirement. To foster this spirit and enhance our service standards, we embarked on new learning and development initiatives by making use of best resource personnel from both local and overseas. It is indeed a fulfilling experience to win this award and be recognized in this manner competing against many leading organizations. This will definitely be a positive endorsement as well as an encouragement for us to continue our journey towards recognizing and nurturing future leaders” he added.