State-owned Development Bank of the Philippines (DBP) has been recognized for its best practices in human resources management, particularly in utilizing employee engagement and organizational development in building a future-ready institution, a top official said.
DBP President and Chief Executive Officer Michael O. de Jesus said the Bank was conferred the Asia Best Employer Brand Award while its Human Resources Management head was named the “Chief Human Resources Officer of the Year” by Mumbai-based research group Employer Branding Institute during rites held in Singapore.
“DBP is proud to accept these awards that recognize its progressive and people-centered policies for attracting, developing, and retaining talents, and which has enabled it to further pursue its development financing mandate,” de Jesus said.
DBP is the 10th largest bank in the country in terms of assets and provides credit support to four priority sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; the environment; and social services and community development.
The Best Employer Brand Awards is an international event that recognizes organizations for their outstanding work in employer branding, with a jury composed of senior professionals from across Asia.
De Jesus said DBP was cited for its talent management, development, and recruitment strategies, as well as in strengthening the competencies of its personnel while DBP senior vice president Romeo Carandang was named the top CHRO for the region.
He said the recognitions bestowed to DBP are also consistent with the Civil Service Commission’s efforts to highlight recognitions bestowed on government employees to acknowledge their contributions towards the improvement of public service delivery.
“These awards, which come at an opportune time with the forthcoming celebration of the 125th Philippine Civil Service Anniversary, also affirm that our people are DBP’s greatest strength and instrumental to DBP delivering sustained value to its stakeholders.”
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