IIM-B launches leadership programme for public sector bank top managers

Bengaluru: A leadership development programme, for the senior management of nationalised banks, was launched at the Indian Institute of Management Bangalore (IIMB), to support nationalised banks to nurture a leadership pipeline that will take on challenges.

IIMB professors R. Srinivasan, Chair, Executive Education Programmes and faculty from the Strategy area, and G. Ramesh from the Public Policy area are the programme directors.

An initiative of the Banks Board Bureau, the collaborative endeavour is supported by the Department of Financial Services, Union Ministry of Finance, Indian Banks’ Association (IBA), and knowledge partner, Egon Zehnder International.

IIMB was identified from among the globally ranked Indian management institutes to deliver various interventions within the programme.

Beginning this year, for the next three years, senior management personnel will undergo 30 days of interventions over nine months at IIMB.

The programme will have personal growth labs, outbound learning, wellness workshops, systematic coaching processes and motivational speaker sessions. It also includes functional development through exposure to new knowledge, emerging processes in the areas of Strategy, risk management, digital transformation, and exponential technologies. The participants will undertake a live project to improve a chosen area which is critical to their bank’s success.

Addressing the 78 participants, Bhanu Pratap Sharma, Chairman, Banks Board Bureau (BBB), said, “The programme will enhance the attributes and skills which are vital as you go higher up in your career. With in-depth coaching and projects, the course will help you develop your leadership skills and functional knowledge to a greater extent.”

In his inaugural address, Professor G. Raghuram, Director, IIM Bangalore, said it was an opportunity for IIMB as a management institute to contribute to an important sector like banking, which plays a vital role in the country’s economy and development.

Explaining the programme objective, Prof. Srinivasan, said: “The banking and financial services industry is undergoing rapid changes driven by technology, business model innovations, changing customer preferences and macroeconomic shifts. Employment generation and growth are the two key objectives before the country today. The programme seeks to groom the next generation of leaders to assume leadership positions within these banks to drive this growth.”