ECCB 2015/2016 Annual Report

EASTERN CARIBBEAN CENTRAL BANK

H uman R esource M anagement The HRD will focus on the following objectives: •  • Develop and implement proactive and effective Human Resource Strategies; •  • Ensure that recruitment and staffing actions are executed with effectiveness to deliver strategic priorities; •  • Foster on-going employee professional training and development based on recommended interventions to address noted and expected performance gaps and developmental needs; and •  • Review human resource policies in tandem with international best practices.

efforts performed by the IAD will be reassigned to other areas of the Bank to ensure that the independence of the IAD is maintained. The department will therefore focus on the following: •  • Audit of the Human Resources Department’s effectiveness in providing value added services to the Bank; •  • Audit of the Agency Office operations in member countries, specifically as it relates to the issue and redemption of currency; •  • Audit of the Research Department’s effectiveness in producing timely and effective policy advice to member governments; •  • Information Security audits focusing on high risk IT systems and processes; and •  • Follow-up audit of the Bank Supervision Department. I nformation T echnology and S ecurity The following will be undertaken: •  • Continue to enhance the SES to meet user needs; •  • Launch of the new Online Statistical Interactive Database (OSID) which would include monetary and financial statistics for various frequencies from 1983 to current; •  • Implement Phase II of the SAS Statistical Enterprise Solution which will focus on incorporating the revised commercial bank prudential returns and expanding the database to include data submitted by the non-bank financial institutions regulated by the ECCB and external sector statistics;

•  • Launch of a new website; and •  • Upgrade of the SAP Solution.

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ECCB A nnual R eport 2015/2016