KDIC staff commit to higher performance after signing enhanced individual scorecards

An efficient and effective human resource. That is what you should expect from the Kenya Deposit Insurance Corporation (KDIC) going forward, after the State agency’s entire workforce successfully completed a rigorous training on Performance Management and Balance Scorecard. The training, facilitated by the Kenya Bureau of Standards, saw the entire staff sign their enhanced scorecards, committing to deliver in their respective areas.

The point is this….As a section of staff listen to a consultant during a previous staff sensitization on the Performance Management and Balance Scorecard

Speaking during the signing ceremony by the Senior Management, the Corporation’s Chief Executive Officer Mr. Mohamud A. Mohamud expressed optimism that the Performance Management tool will help to redefine the KDIC’s quest for quality service.

“From now the journey has started. Each one of us shall be measured by his or her own performance. We must exceed our expectations. Don’t be the one who will break the link to greater service,” cautioned Mr. Mohamud who virtually addressed the staff.

Mr. Mohamud took time to guide the staff through the next internal processes and observed that the Corporation had achieved great milestones reminding them that the tool will be reviewed annually. “As we put pen to paper today, let’s ensure that we comply with our commitments in our service charter. All of us have been taken through this training. We must envision great milestones,” he asserted.

It is now official…..Team Leader Mr. Mohamud A. Mohamud signs off the Corporation’s newly-developed scorecard. Looking on is L. Shoona of Strategy and Compliance

Senior Managers who signed their scorecards in the presence of Mr. Mohamud included General Managers David Irungu (Resolution) Robert Mbarani (Corporate Service) and Paul Manga (Risk and Examination).

The development came as KDIC geared up for the final phase in the implementation of its Strategic Plan (2018/2023). The plan outlines key focus areas and deliverables for KDIC-the country’s resolution authority-mandated to promptly resolve problem bank; provide incentives for sound risk management and provide a deposit insurance scheme for member institutions.

The training on Performance Management is guided by a collaborative working Memorandum of Understanding inked early this year between KDIC and KEBS.