Innovation and agility must be institutionalized throughout the bank

According to the Iran Economist, quoting the information base of the Bank of Industry and Mines, Dr. Mehri in the meeting, which was held on Wednesday, December 24 in the presence of the bank’s staff and provincial managers in the form of a video conference, said: The evolution of the banking network in the world The coronavirus outbreak is accelerating, pushing organizations to use telecommuting and accelerate digitalisation and automation; In this regard, as a development bank, we must learn ten skills by 2025, including analytical thinking and innovation, active learning and application of learning strategies, complex problem solving, critical thinking and analysis, creativity, originality and initiative, leadership And the social impact is the use, monitoring and control of technology, technology design and programming, resilience, stress tolerance and flexibility and reasoning, problem solving and idea generation.
Referring to the importance of investing in training new skills to human resources, he added: “Out of every 3 entrepreneurs, 2 people expect a return on investment to train new skills of employees in the first year, and this shows the need to pay attention to Improving the skills of human capital in the context of today’s competitive and advanced world and timely use of these capabilities.
Referring to the mission, vision and values ​​of this bank, the CEO said: The strategic plan of the bank, which is really a valuable research and codified work, has been formulated based on 6 important strategies and is available to all colleagues and all managers and experts in Proper and detailed implementation of that double effort.
Dr. Mehri explained the operational measures of the bank in the strategic plan up to the horizon of 1404 and noted: To develop this plan, our colleagues in various managements during the three years, put a lot of effort and regular weekly meetings were held and finally with the opinion of members The program was prepared and approved by the board of directors, bank experts and university professors.
In another part of his speech, referring to the 8-month performance report and the need to improve performance indicators, Dr. Mehri stated: 220% in opening Rial documentary credits, 100% in the balance of quadruple deposits, 91% in the amount of receipts, in payment 86% and 53% growth in the issuance of Rial guarantees compared to the same period last year, which shows that the Bank of Industry and Mines is moving forward and is on the right track, but it is necessary to make efforts in areas such as Improve the capital adequacy ratio, reduce foreign exchange liabilities and shorten the execution time of projects, which is mainly due to the problems caused by sanctions, and increase the collection of bank receivables caused by currency fluctuations and low non-fulfillment costs for some customers. .
Dr. Mehri reminded: “We have proposed proposals including 6 feasible strategies to increase the bank’s capital, which are seriously proposed and followed by all members of the board of directors in decision-making and policy-making institutions such as the Central Bank.”
He once again stressed the need to reduce foreign exchange liabilities and added: “In this regard, we have the task of determining and making appropriate decisions about large foreign currency debtors and focus on the approval of Rial facilities on the agenda.”
The CEO of the Bank of Industry and Mines also addressed some very thought-provoking and valuable points to the Deputy of Human Capital Development and Support, the Deputy of Finance and International, the Deputy of Credits and Branch Management, the Deputy of Supervision, Legal and Receivables, Anti-Money Laundering and Terrorist Financing , Management of compliance with rules and regulations, Security management, Internal audit management, Planning and Technology Deputy on the need to pay attention to the manpower planning document and the new chart, interaction with large branch customers and assist in the process of equipping the bank’s resources, the need to register documents Facility information, paying attention to the issue of receiving foreign currency receivables and appropriate and comprehensive cooperation of branches with the support and financial units of the headquarters, receiving digital invoices, observing rules and regulations and correct supervision in payment of facilities and completion of projects, emphasis on comprehensive, complete And documenting correspondence with external authorities, paying attention to strict customer identification procedures, monitoring compliance with laws, regulations and instructions in order to protect the interests and good reputation of the bank, conducting periodic visits to bank plans, daily control of confidential compass, reasonable assurance of Observe the rules and regulations Explained the validity and reliability of financial reporting.
During the meeting, Bijan Asadi, Deputy Supervisor, Legal and Receivables on behalf of Asghar Pak Tint, Chairman of the Board of Directors of the bank, while appreciating the favorable efforts of provincial managers and heads of branches with senior managers and staff experts, summarized the issues discussed. The need to pay attention to the resources, expenditures, assets and liabilities of the bank, the high level of foreign exchange liabilities and the need to reduce the foreign exchange portfolio, the importance of attracting new resources and collection of receivables, compliance with the approvals of the headquarters and comprehensive correspondence The proper interaction of the bank staff with judicial experts and provincial officials and points about the qualification of applicants for facilities and repayment of documentary credits, the authenticity of correspondence and signatures, its new rules and regulations, and risk management, which was stated on the first day of the meeting.
Then, Abdolreza Vali Elahi, Deputy Credit and Branch Manager, on behalf of Hossein Askari, Member of the Board of Directors of the bank, introduced significant issues regarding the introduction and presentation of new government policies and according to the instructions of the President and the Ministers of Industry, Mines, Trade, Economy and Economy. Also, the Central Bank regarding the need for central bank independence and how to supervise banks, directing resources to productive investments, selling property and surplus property, Note 18 and the bank’s credit policies, providing value chain, especially in the steel, petrochemical and production industries. He introduced home appliances and went on to say: On the second day of the meeting, materials on job segregation and personnel orders, new bank charts, inspections, money laundering and compliance were presented.
Following the meeting, Dr. Ali Khorsandian, Member of the Board of Directors of the Bank, presented the reports and outlines of the issues raised on the third day of the conference and said: On the third day, digital transformation, planning and budget, signing Digital, legal infrastructure and hierarchy of this type of signature, new projects of the bank in the field of digital banking, new systems, limits and powers of branches, role of branches in reducing bank operating costs, transparency of budget and performance-based budget, detailed explanations. And we asked all employees to announce their suggestions and views for the formulation of credit policies in 1401.
Also, Dr. Ali Heydari, Deputy Minister of Finance and International, on behalf of Dr. Ali Movahednejad, a member of the Board of Directors of this bank, presented a summary of the issues mentioned on the fourth day of the conference and stated: Development banks began to address the need to restructure banks, focus on small and medium-sized enterprises and pay working capital to them, pay special attention to digital banking, provide value chain, better manage the treasury and prevent the outflow of resources, eliminate Foreign exchange liabilities, paying attention to the rules and regulations and internal audit instructions, equipping resources, using the capital market capacities by the bank and the need to pay attention to the capital adequacy ratio and reducing non-current and doubtful receivables, accurate registration of documents and accounting documents and use Chargon system was emphasized.
In this meeting, Abbas Khabazi, General Manager of the Bank’s Security Center, stated valuable and noteworthy points regarding the three areas of personal and banking protection, technology and electronic and security systems, and stated: Completion of personnel files and related information. We have started last year when 80% of this project has been completed and we expect it to be completed by the end of this year; He called on all branch staff to cooperate with security representatives in this regard.
The Director General of Security of the Bank of Industry and Mines emphasized: All colleagues should take action to complete the foreign travel questionnaire correctly and accurately, two weeks before the trip.
Abbas Khabazi also spoke about the importance of the confidential compass system and classified correspondence and the need for timely response in this system, judicial inquiries and attention to the use of external memory and information entry ports, cameras, etc. in banking systems. In particular, he warned in the branches and asked the colleagues to check and pay attention to this issue at regular intervals and if they have a request for the provision of security and protection equipment, they should act through the headquarters system.
In addition, Afshin Panahandeh, Managing Director and Head of Public Relations and Customer Affairs of the bank, also gave a detailed report on the electronic archive of the bank, which has been started since 1398 with the cooperation of the Managing Director, Information and Communication Technology Affairs and Planning and Budget Unit. He presented and announced: “Since September 1998, when the branches were equipped with electronic archives, the entry of information has been appropriate, and we also ask the staff members to pay the necessary attention to completing the required information.”
He also informed about the process of transfers and holding auctions for companies such as Iran’s chemical industry, Atieh Damavand, Baft Steel and industry and mining brokerage and said: “Measures to sell surplus property and companies of this bank will be seriously pursued.”
He also read a report on the set of measures taken in the management of public relations and customer affairs of the bank and said: Horizon 1400-1404, Internal publication of the bank, infographic of policies and performance indicators on a monthly basis, policy and ethical charter, class guide boards, appreciation of retired colleagues and preparation of news package according to the non-inflationary roadmap of the Ministry of Economic Affairs and Finance, News has been prepared about the provincial trips of the president and members of the cabinet and extensive news coverage.
After that, Hamid Mohammad Mirzaei, Director of the Selection Core, raised valuable discussions about the selection criteria and its importance and emphasized: “As we know, the Chairman of the Selection Board is the President himself, which shows the importance and sensitivity of this important issue in the executive organs has it.
He added: “We have taken effective measures to reform the structure and executive criteria of this sector and we are trying to minimize the outsourcing of selection;” We have officially changed the employment status of a number of corporate and contract partners and we have other items on the agenda.
He reminded: “We have also provided our colleagues with the laws related to selection and study needs through various means.”
In this meeting, Hossein Amini, Provincial Manager of South Khorasan and Head of Birjand Branch, discussed the supply chain, and Alireza Tajik, Head of Iran Commodity Exchange Branch, made a report based on Metavars and modern banking industry, stock exchange and its capacities and bank activities. Industry and mining in order to exploit the capital market.
It is worth mentioning that, according to the usual procedure in this meeting, the provincial managers and heads of branches expressed the issues and obstacles they faced in the way of better service in a cordial meeting with the CEO and members of the Board of Directors, which was welcomed by Dr. Mehri and those present. The meeting was held and a firm follow-up order was given as soon as possible to solve its problems.