Muscat: Bank Muscat, winner of the 'Best Place to Work' Award in the Middle East, continues to fulfil the national vision of employing Omanis in the private sector. The bank has been achieving one milestone after the other in the human resources field, all of which reflect positively on the performance and development of the bank not only in the Sultanate of Oman but also at the regional level.
This is the result of the prudent strategy and philosophy adopted by the bank's executive management which focuses on developing employees. The bank continuously invests to build human capacity and create career opportunities for highly-qualified Omani nationals, says a press release.
Bank Muscat has achieved qualitative advance in the human resources sector as it attracts the best Omani cadres for employment at all levels. The bank is privileged to have a pool of qualified Omani talents with high expertise in different fields and disciplines in the banking sector.
The bank also employs fresh graduates and young Omanis and ensures that it provides appropriate incentives and privileges that contribute to the stability of the Omani work force and improve its performance. The total number of employees in the bank as of June 2014 reached 3,404 employees in different departments and branches, with a Omanisation percentage of 94 per cent.
AbdulRazak Ali Issa, chief executive, Bank Muscat, said: "Over the years, Bank Muscat has adopted innovative strategies to equip Omani staff to take up leadership positions in tandem with future challenges. Bank Muscat is proud of its achievements in the human resources sector and we are pleased that our initiatives over the years contributed to the bank's leadership position in the banking sector, as we became the bank of choice for Omani competencies."
Good financial incentives
"The bank assigns utmost priority to the development of its human resources and allocate resources to provide ample opportunities for Omani nationals to achieve accelerated career growth. The bank focuses on different forms of motivation and encouragement, including financial incentives which are very important in the market. Bank Muscat is considered a leading institution in this field, as it offers good financial incentives to employees at all levels.
In addition, the bank provides full health care for employees and their families through contracts with the best and most prestigious private hospitals and clinics in the Sultanate, in the governorate of Muscat and all governorates of the Sultanate," he added.
"The bank has developed a comprehensive learning and development strategy for skill and knowledge enhancement vis-à-vis the requirement of various departments. Bank Muscat is proud of its cooperation with international training institutes as a result of which the bank has succeeded in providing first-grade training for employees. This has in turn reflected positively on their performance and developed their skills and capabilities. As you are aware, building skills and capabilities is essentially the basic objective of training and development, and we are very glad to achieve that," explained AbdulRazak Ali Issa.
Abdullah Said Al Roshdi, Acting Regional Manager, North Sharqiyah Branches, said: "I am proud of working with the flagship financial services provider in the Sultanate that always pays attention to its employees and ensures a good work environment.
"The bank provides incentives, annual bonuses, health care through health insurance and other benefits that make Bank Muscat the favourite place to work for young Omanis. I note that Bank Muscat also provides a great opportunity to Omani youth to progress in their career path."
Basma Mohammed Al Ma'mari, Bidiyah Branch, said: "I am very pleased to work with Bank Muscat and I am very optimistic towards my career future as the bank sets plans and programmes every year to develop the employee performance. Also