Working at KBZ Bank
Our People-driven Workplace
At KBZ Bank, people are our most valuable resource and ensuring they are motivated, engaged and able to realise their aspirations is our priority.
In 2018, we put in place a new human resources (HR) blueprint that redefines the frameworks, structures, policies, processes, tools, systems, reports and governance that guide our HR approach. This includes our approach to hiring and benefits, training, promotions, and mobility. We have set short- and longer-term targets for each and provide clearly defined job roles and responsibilities.We also ensure our HR blueprint remains flexible and relevant.
The new blueprint also captures our key commitments, including to create equal opportunities for all, with no discrimination based on gender, sexual orientation, ethnicity or race, religion, or disabilities, and to design workplaces that meet both the professional and personal needs of our colleagues.
Ours is a comprehensive plan that reflects our organisational priorities and values and commitments to various international frameworks, including the United Nations’ Sustainable Development Goals. It also considers best-in-class HR practices, the local culture, and the aspirations of our team. We don’t just meet regulatory requirements; we always aim to exceed our own set goals and objectives.
This is how we ensure our employees feel valued, that we remain an employer of choice, and that we continuously drive towards our vision of being the best-managed bank in the world.
Partnerships to implement the best HR practices
Recognizing the importance of human capital, we wanted to develop sound practices that are aligned with global practices and also local context. After more than a year of discussing and evaluating short-listed consultants, we selected AON as a partner to help us implement the best HR practices to enforce the advanced business strategy and the operating model of value centers. The aim was to equip our managers and employees with the HR tools and practices that help them operate successfully and quickly in the new operating model. The partnership focused on establishing the foundations of jobs and competencies across the VCs and Functions, based on which we build processes and tools in key areas of hiring and selection, performance and potential management, and compensation. A steering committee was formed where we gone through vigorous debates and work together to present the management with design options in achieving the strategic goals.
Statement of Inclusion
KBZ Bank is committed to hiring and retaining a diverse workforce and creating an inclusive workplace. We make all aspects of personnel decisions based on qualification, performance, and business needs.
We are proud to be an Equal Opportunity Employer and we do not discriminate based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability status, age, marital status, or any other protected class.
KBZ Bank’s Talent Factory
KBZ Bank recognises that the future of Myanmar – and its banking sector – lies in the hands of the next generation. That is why we take talent development across the organisation seriously. From coders and digital bankers to thought leaders and future shapers, we equip our employees with world-class skills and future-ready tools.
KBZ Bank: A better workplace for all
At KBZ Bank, we not only value diversity and inclusiveness, we see it as key to our success. The variety of mindsets and experiences we bring together means being able to better understand the needs of our clients and deliver relevant products and services. We also ensure that all our employees have a positive, supportive work environment that recognises their needs and aspirations.