DBP bags two international awards

By November 28, 2021People & Events

THE Dagupan branch of the state-owned Development Bank of the Philippines (DBP) announced that the bank recently won two awards for its development projects on human capital development and financial inclusion in the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Development Awards held in Manila.

DBP President and Chief Executive Officer Emmanuel G. Herbosa said the bank’s programs to strengthen organizational capability was adjudged as Outstanding Development Project Award in human capital development while its Expanded Rice Credit Assistance program under the Rice Competitiveness Enhancement Fund (ERCA-RCEF) was awarded a Plaque of Merit for advancing financial inclusion.

The ADFIAP Development Awards is an annual program that honors member-institutions which have undertaken or assisted projects that have created a development impact in categories such as environment, small and medium enterprises, infrastructure, technology, trade, local economy, corporate governance, and corporate social responsibility.

Herbosa said DBP’s human capital development initiatives, which are heavily anchored on proactive learning and purposive career development innovations, are part of the bank’s integrated approach to enable its employees to meet the challenges posed by the pandemic.

He said these initiatives include an enhanced job rotation program to promote multiskilling, leadership development interventions to ensure business continuity, and an eLearning management system that promoted bank-wide competency-building and sustained learning and development.

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