LDP identifies & grooms future leaders at Indian Bank
Banking Frontiers|December 2021
Indian Bank commemorated its 115th foundation day on August 15, 2021. The bank has a staff of 24,821 officers, 12,995 clerks, 2769 sub-staff and 311 full time sweepers, totaling to 40,896 staff, as of Q1 FY 22. Females comprise 28% of the staff. Shanti Lal Jain assumed charge as MD & CEO of Indian Bank on 1st September 2021. He is supported by 3 executive directors - Shenoy Vishwanath V., Imran Amin Siddiqui and Ashwani Kumar.

Dhanaraj T informs that Indian Bank has launched the LDP for 800 officers in scale IV

LEADERSHIP: ONLINE TOOLS

For existing employees, the Indian Bank conducts 4 tests in a year to test the knowledge of the employees regarding latest banking updates and policies. Earlier the bank didn’t link these tests to annual performance appraisal report (APAR) score, however, Dhanaraj T, GM, HRM / CDO, (Chief Development Officer), clarifies: “At present these tests carries weightage in the APAR score. The bank conducts Leadership Development Program (LDP) for officers in scale IV to VI and psychometric test is part of LDP. In the current FY, our bank has launched the LDP for 800 officers in scale IV. The objective of this exercise is to identify and groom future leaders of the bank.”

The LDP consists of 3 phases – phase 1 entails the administration of online tools (psychometric assessments, situation judgment test, managerial aptitude and leadership simulation tests). Dhanaraj adds:“The phase 2 entails a set of TBEIs (Targeted Behavioral Event Interviews) and GDs (group discussions) for the top 250 participants. Phase 3 consists of panel interviews conducted by the senior management.”

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