ECCB 2014-2015 Annual Report and Statement of Accounts

EASTERN CARIBBEAN CENTRAL BANK

This new system is based on current technology using Statistical Analysis Software (SAS) which provides advanced analytics, business intelligence, data management, and predictive analytics. The solution also provides a web based secure portal for the ECCU commercial banks to submit their prudential returns as well as an Online Statistical Interactive Database for the public to access the ECCU’s Monetary and Financial Statistics. SAS data can be published in HTML, PDF, Excel and other formats using the Output Delivery System. The SAS software suite has over 200 components including Basic Procedures and Data Management, Statistical Analysis, Graphics and Presentation, Econometrics and Time Series Analysis, Data Mining, Applications Facility and Interactive Matrix Language. H uman R esource M anagement Human Resource Role The Human Resource Department (HRD) executed its deliverables for the year in review based on its mission to provide exemplary human resource services to management and staff. In implementing its core responsibilities and satisfying its stakeholders the HRD’s role encompassed the following: 1. Recruiting and developing staff; 2. Encouraging a value centered highly motivated workforce; 3. Coordinating and implementing a select cadre of world class benefits; 4. Promoting high quality performance measured by the overall attainment of the Bank’s mission; and

5. Managing payroll and other staff services.

Recruitment Particular emphasis was placed on recruitment and selection of staff for the Bank Supervision and Research Departments. Given the ongoing global dynamics in these areas, this focus was necessary to ensure that staffing levels within these departments were optimal at all times to allow for the effective delivery of monitoring the financial and economic sectors of the ECCU and providing the technical input to inform the Central Bank’s policy recommendations. Staffing As at 31 March 2015, the Bank’s staff complement was two hundred and six (206). A cknowledgements The continued commitment of management and staff to fulfil the directives provided by the ECCB Monetary Council and Board of Directors was reflected in the Bank’s performance during 2014/2015. We thank them all.

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ECCB ANNUAL REPORT 2014/2015