The Bank’s Board has approved a new People Strategy for the next five years, which aims to improve the Bank as the leading development institution on the continent.
The strategy seeks to utilize the human capital of the Bank – its most valuable resource – to deliver optimal development results for the people of Africa through the institution’s projects.
An important management commitment made as part of the general capital increase in 2019, the People Strategy is designed to:
promote a stronger proposal for employee value;
attract and retain the best staff; and
increase the Bank’s employee engagement index to 85% or higher by 2025.
The broad objectives of the People Strategy include building a talented, resilient and diverse workforce with the right skills, attitudes and passion to deliver the best development solutions for banking clients.
The strategy also seeks to create a future-oriented workplace, with staff equipped with the right tools and technologies, to foster a culture of strong performance and accountability. Furthermore, it aims to promote the cooperation between all stakeholders in the bank to achieve the best results for Africa.
Ultimately, the ambition of the People Strategy is to make the Bank the best workplace for development in Africa.
On the People Strategy, Mateus Magala, Vice President of Corporate Services and Human Resources, said:
“We are delighted to continue accepting the AfDB’s People Strategy for the next five years, a period of great challenge as well as a great opportunity for the continent in Africa. The document outlines the Bank’s vision to attracting talent with passion to ‘the best place to be’ for the development of Africa, pointing to the African Development Bank as the place for realizing the full potential of its people, and defining a new level of involvement in its staff through the Employee Value Proposition.
“The strategy was developed on the basis of feedback received through extensive and extensive consultations with stakeholders across the Bank, with the overall aim of supporting the delivery of development outcomes and impact on the continent. We remain focused on its full and rapid implementation. to drive the institution to become a better-performing organization to support the Bank’s mission. ‘
Contact:
Gershwin Wanneburg, Department of Communications and External Relations, African Development Bank, e-mail: g.wanneburg@afdb.org