Over the past two years, JSC OTP Bank has changed its approaches to managing its retail branch network and planning horizons, increasing the emphasis on the results of the team as a unit. This was stated by Lesia Syrota, team leader of the OTP Bank Helps Ukraine charity project, Director of Retail Sales and Network Management at OTP Bank, during the EBA Women’s Club, an event dedicated to women’s leadership in business.
According to her, the Bank used to single out the best employees and encourage competition, but now it is much more important to form powerful teams united by a single goal – to make the Bank even more convenient and closer to the customer. “OTP BANK has a network of branches throughout Ukraine, which are located in different conditions and circumstances, taking into account the security situation. We have changed our management approaches and planning horizons. Every Monday, the teams set their own goals for the week. This has brought the teams together. This position proved to be effective,” said Ms. Syrota.
As noted by the Director of Retail Sales and Network Management, the Bank aims to further develop in several areas, including the use of the latest technologies. “We already use artificial intelligence in our products and services. In the OTP Bank Information Center, the latest technologies are involved in many processes, which made it possible to work with customers’ emotions. And this allows us to increase customer empathy, which turned out to be especially important in Premium banking. This is now a separate rather deep and extensive research and ongoing implementation,” she emphasized.
Ms. Syrota shared her experience with the audience on the process of making important decisions. Usually, a team is involved in a brainstorming session to consider the details of different cases. “We carefully study the situation, form hypotheses, and then confirm or refute them. There should be at least three proposals. As life shows, the latter options will be better than the first fastest. We don’t make decisions instantly, because it’s better to think carefully. This encourages colleagues to offer interesting and progressive solutions,” she said.
As the participants of the event emphasized, the role of women in business and teams is becoming increasingly important. Women’s leadership and soft skills, including emotional intelligence, communication, and teamwork, are becoming key success factors. “The modern world requires us to constantly develop. We should not be afraid to take responsibility. You need to move forward and build your business. Today, there are important and interesting financial support programs for businesses owned or co-owned by women, such as the joint program of OTP Bank and UASID, which offers unique lending conditions. In particular, an important component of this program is to support companies with women in their ownership structure,” added Ms. Syrota.
EBA Women`s Club, OTP BANK, OTP Bank Helps Ukraine, Леся Сирота
The State Property Fund of Ukraine (SPFU) has sold a complex of buildings of the Uman Correctional Colony for UAH 29 million at a privatization auction, which is 194 times higher than the starting price.
According to SPF Chairman Vitaliy Koval on Facebook, 42 companies and entrepreneurs participated in the auction. The starting price of the lot was UAH 149.4 thousand.
According to the results of the auction on the Prozorro.Sale website, the winner of the auction was Borys Pakholyuk. According to Clarity Project, he owns a number of agricultural enterprises and farms in Cherkasy and Odesa regions.
The lot includes a complex of non-residential buildings and structures with a total area of 3.1 thousand square meters and a land plot of 0.59 hectares. The property had not been used for more than 20 years.
Koval reminded that the Ministry of Justice transfers unused penitentiary institutions to the SPF for further privatization.
NPC Ukrenergo has announced a competition for the vacant position of a member of the Management Board, documents for which can be submitted by 18:00 on April 8, 2024.
According to the announcement on the company’s website, the main requirements are: higher education; at least five years of strategic and managerial leadership experience in international development, business development, operations and/or program management in large companies.
The candidate must also have a deep understanding of the national and European electricity markets, trends and prospects of the industry, and the specifics of the ENTSO-E transmission system operators.
In addition, a potential Board member should have competence in at least one of the following areas: business strategy and development, regulatory issues, legal support, finance and audit.
In case of equally developed skills, preference will be given to a candidate with experience at the executive level in the transmission system operators of ENTSO-E members.
As reported, the Board of Ukrenergo consists of Volodymyr Kudrytskyi (Chairman), Oleksii Brekht (Operation and Development of Grids), Serhii Halahan (IT) and Oleh Skrypnyk (Finance).
At the end of January 2024, Maryna Bezrukova, a former member of the NPC’s Management Board, became the head of the Defense Procurement Agency of the Ministry of Defense of Ukraine.
The International Register of Losses is projected to receive up to 8 million applications from victims of Russian aggression, Ukrainian Prime Minister Denis Shmygal said.
“Today in The Hague should start working the International Register of losses, where all Ukrainians who suffered from Russian aggression will be able to apply. First of all we launch the fixing of damaged or destroyed housing. Applications will be submitted through “Dia”, everything is maximally digitalized and convenient, “- said Shmygal at a government meeting on Tuesday.
Prime Minister noted that according to forecasts, only in the housing segment the Register will receive from 300 to 600 thousand applications from the victims.
“In total, we expect up to 8 million applications from all those affected by the war in one way or another. Consistently and purposefully realize the principle “Russia will pay” and create a precedent of material responsibility of the aggressor for the losses caused by them,” – said Shmygal.
CITIZENS OF UKRAINE, International Register of Losses, RUSSIAN AGGRESSION
The majority of job offers are for blue-collar occupations. In addition, there is a growing demand for professionals such as teachers, doctors, economists, and accountants.
Thus, Kyiv employers are most often looking for specialists in the following areas:
– Education (teachers (109 vacancies, salary – up to UAH 20 thousand), educators (47 vacancies, up to UAH 17 thousand);
– healthcare (doctors (159 vacancies, up to UAH 40 thousand), nurses / medical brothers (134 vacancies, up to UAH 43 thousand);
– Economics (economists (60 vacancies, up to 32 thousand UAH), accountants (166 vacancies, up to 43 thousand UAH);
– industry (engineers (196 vacancies, up to UAH 110 thousand), installers of electronic equipment (200 vacancies, up to UAH 17 thousand), mechanics (224 vacancies, up to UAH 30 thousand), turners (32 vacancies, up to UAH 22 thousand);
– transportation (drivers (167 vacancies, up to UAH 44 thousand);
– trade and consumer services (salespeople (302 vacancies, up to UAH 25 thousand), cashiers (76 vacancies, up to UAH 17 thousand, cooks (125 vacancies, up to UAH 45 thousand), cleaners (239 vacancies, up to UAH 18 thousand), loaders (63 vacancies, up to UAH 30 thousand).
Employers offer job seekers official employment, competitive salaries, social package (may include housing issues), organization of vocational training directly at the workplace.
With the help of the Kyiv ILC, job seekers can acquire a new profession or upgrade their skills in an existing one using one of the employment assistance programs:
– training by certificate
– training by voucher;
– training for veterans at vocational education institutions of the State Employment Service.
Since the beginning of 2024, more than 2.1 thousand employers in the capital have informed the Kyiv City Employment Center of 5.5 thousand vacancies.
Currently, the database of the Kyiv City Employment Center contains more than 2.8 thousand vacancies: 1200 for employees and workers and almost 400 for people without a profession or specialty.
China’s economy grew by about 4.8% year-on-year in the first quarter, Bank of China forecasts.
Domestic consumption grew stronger than expected. Manufacturing investment increased, production is also recovering steadily, and the trend of industrial upgrading and transformation is evident, according to the bank’s report cited by Xinhua news agency.
A positive factor for Chinese exports was the increase in global demand and improved sentiment in global trade.
Bank of China analysts expect that the second quarter will see an improvement in China’s service sector, resulting in an acceleration of the country’s GDP growth to 5.1%. This will also be facilitated by the authorities’ actions aimed at maintaining significant investment in infrastructure through the use of a wide range of policy instruments.
Earlier Experts Club think tank and Maxim Urakin released a video analysis of how the GDP of the world’s countries has changed in recent years, more detailed video analysis is available here – https://youtu.be/w5fF_GYyrIc?si=BsZmIUERHSBJrO_3
Subscribe to Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub
Bank of China Economy of China, EXPERTS CLUB, GDP, MACROECONOMICS, URAKIN
