career development of women executives in banks

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  • 8/11/2019 Career Development of Women Executives in Banks

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    CAREER DEVELOPMENT OF WOMEN EXECUTIVES IN BANKS

    Research Questions Respondent 1 (BOP) Respondent 2 (Faysal Bank)

    1.

    Educational Background Of Study Participantsa. Degrees Attained L.L.B. MBA

    b. Factors In School No No

    c. Additional Education

    And TrainingLLM and PhD ISQ examination by IBP

    d. Subject Areas

    Needing More

    Emphasis In

    Education

    Need to learn pure banking

    operations

    Need to learn pure banking

    operations

    2. Work history and development of study participants

    a.

    Job Positions Held Unit Head Legal SAMD Branch Service Officerb. Acquisition of Current

    Position

    10 years professional

    experience and performance

    5 years of experience and

    performance

    c. Job Responsibilities

    To pursue all classifiedaccounts parked at SAMD forrecovery

    To render legal advice andimpart legal opinion ondocuments duly sought by SAM& other branches and toattend matters of legalsignificance.

    To provide assistance to thebranches/offices for filing ofsuits and follow up of all legalcases. Moreover defend thebank in all the damages suits

    filed against the bank.

    To Draft legal documentsalong with vetting of plaints ofall kinds of suits/criminalapplications, businessagreement ofCorporate/Commercial/SME

    Banking/Business promotion &Other Groups as & whenreferred.

    To attend & represent thebank before different officesof courts in significant cases.

    To keep liaison with theadvocates and follow up legalcases vigorously.

    To evaluate performance &monitor progress of legalcounsels on regular basis.

    To expedite the bankspending cases with the courts& other offices.

    Timely handling of all front

    office activities associated

    with the opening of

    customer accounts at the

    branch to enhance customer

    satisfaction and process

    efficiency.

    Handling different kinds of

    branch operations.

    Remittances, TRD issuance,

    FCU accounts, Internal

    transfers etc

    Maintaining and improving

    the service standards of the

    bank to avoid incidence of

    complaints related to

    service issues from banks

    customers

    Contributing towardsbusiness acquisitions

    through modern cross

    selling skills.

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    d. Age Related to

    Pursuing Career

    Joined ABL in 2006 at the age of

    29 years as a Law Officer

    Wanted to join any bank

    when she was doing B.com in

    2004 at the age of 21 years

    e.

    Factors InfluenceTheir Choice To Enter

    In The Career Of

    Banking Field

    There was a job opportunity in

    a bank and it has also a good

    job market. It is a female

    supportive industry & as a

    female lawyer practicing in a

    corporate sector is secure and

    favourable.

    Job opportunity and own

    interest

    f. Career PlansWanted to achieve President

    Level

    Wanted to become Country

    Head Operations

    g. Areas Needing

    Improvement to

    Continue to Progress

    in Career

    As a lawyer need to learn more

    strong Negotiation Skills

    1. Compliance and

    internal control

    2.

    Deposit mobilization

    3. Life Experiences That Have Impacted The Career Development of Study Participants

    a. Life Events That Have

    Hindered Career

    Development

    FavouritismFavouritism, Organizational

    Politics and Back biting

    b. Life Events That Have

    Assisted Career

    Development

    Supportive family, education

    and my profession itself in

    corporate sector

    Socialization by meeting

    different professionals & by

    understanding different

    problems of people

    c.

    Personal SacrificesMade For Career

    Time spent with family and

    friends, sacrifice of personal

    time also

    Ignoring social life, personaland family time

    4. Factors That Have Hindered The Career Development of Study Participants

    a. Major Challenges

    Encountered in

    Career

    Male dominant society, women

    cannot excel due to this easily,

    female acceptance is low

    Late sitting, work load,

    female acceptance is low

    b. Major Mistakes Too much polite...as a lawyer Not following SOPs regularly

    5. Factors That Have Assisted The Career Development Of Study Participants

    a. Role Models

    Judges, Justice Kiyani , Justice

    Cornideer....they are role

    models because of judgement

    skills and Standing justice of

    Supreme court who is having a

    strong grip on all issues

    No Role Model

    b. Mentors

    Head SAMD and Group Head of

    Commercial Banking, they both

    guided the banking issues

    Branch Distribution Head and

    Operation Support Manager;

    they both guided her in

    Operations

    c. Functions Performed

    By Companies That

    Have Assisted In

    Career Development

    One day training session is in

    practice which has given to

    them after the end of the

    training of MTOs

    Training on Compliance,

    Mantra of Service Magic,

    Consumer Products,

    Customer service focused,

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    State Bank prudential

    regulations

    d. Factors Most

    Important To Career

    Advancement

    Hard work, Learning,

    Commitment and CompetencyHard work and Commitment