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Annual Report January - June 2000
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7. Human Resource Development
The Bank is committed to developing and maintaining a competent and productive workforce. At the end of the year 2000, the staff complement was 445 of which 14 were on contract. During the period under review, 48 staff were recruited whilst 27 staff left the bank as follows:
| Resigned | - | 5 |
| Retired | - | 8 |
| Vacated | - | 5 |
| Terminated | - | 7 |
| Died | - | 2 |
| Total | - | 27 |
(a) Staff Development
The Bank continued to provide financial assistance to foster professionalism through academic and professional training. To complement this effort, the Bank also encouraged staff to participate in short term training programmes both local and overseas. These were in specialised areas in which there were gaps in skills related to the Bank's activities.
(i) Overseas Training
- Degree Programmes in progress
- MA Economic Policy Management.
- M. Sc. Economics.
- M. Sc. Economic Policy Management.
- M. Sc. Economic Policy Management.
- M. Sc. Internal Auditing.
- b) Long and Short Courses
- Engineering Training Course (Thomas De la Rue)
- IMF Balance of Payments Statistics Course
- Non-Bank Financial Institution: Development & Regulation Workshop
- Financial Programming & Policies. West African Institute for Financial and Economic Management (WAIFEM)
- Banking Supervision - On-Site Examination (Joint African Institute (JAI))
- Central Banking Policy & Operations
- Regional Course on Central Bank Accounting & Auditing (WAIFEM)
- Regional Course on Banking Supervision (WAIFEM)
- Balance of Payments Statistics (WAIFEM)
- Regional Workshop on Practical Aspect of External Debt and Reserve Management (WAIFEM)
- 11th International Course on Islamic Banking
- Information Technology Training Programme:
- Visual Basic 6.0 Developer
- Implementing & Designing SQL Server 7.0
- Course on Monetary Operations (Joint African Institute (JAI))
- Regional Workshop on Practical Aspect of Domestic Debt Management (WAIFEM)
(ii) Local Training The Bank also sponsored staff through local tuition to pursue both professional and degree courses such as:
- Association of Chartered Certified Accountants (ACCA)
- Institute of Chartered Secretaries & Administration (ICSA)
- Chartered Institute of Management Accountants (CIMA)
- Bachelor of Science in Financial Services
- Bachelor of Education
- Post-Graduate Diploma in Business Administration
(iii) In-house Training
Various in-house training programmes were organised for staff members during the review period. The courses covered subjects such as communication skills, supervision skills and topics relating to accounting practice.
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