Tuesday, 28 September, 2021

Growth in bank appointments falls drastically

  • Staff Correspondent
  • 18 August, 2021 12:00 AM
  • Print news
Growth in bank appointments falls drastically

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Employee selection process in banking sector in the country has been severely affected by the Covid-19 pandemic, finds a new study of Bangladesh Institute of Bank Management (BIBM).

The study finds that growth of newly appointed candidates has declined drastically to 1.33 percent in 2020 from 5.53 percent in 2019.

Dr Mohammad Tazul Islam, Associate Professor of BIBM presented findings of the study entitled: ‘Employee Selection in Banks of Bangladesh: A Mixed Method Analysis’ at a virtual seminar on Tuesday.

“Selection is one of the central parts of the staffing process, and if it is not done properly, the organization would be unable to find the appropriate candidates,” Bangladesh Bank Deputy Governor Ahmed Jamal said.

Jamal, also the chairman of BIBM executive committee, joined the seminar at the chief guest.

The objective of any selection process is to define whether a candidate is appropriate for engagement in the organization or not, he said.

The sustainable growth and survival of any organization largely depends on its effective acquisition, he asserted.

Director General of BIBM Dr Md Akhtaruzzaman said output of the study along with opinions and observations made at the seminar will help BB take future actions.

Dr Ashraf Al Mamun, Associate Professor & Director (Research Development & Consultancy) of BIBM delivered welcome address at the event.