RDB to develop corporate plan with MTI

MTI Consulting initiated a five-year strategic planning process for the Regional Development Bank (RDB), with an interactive workshop recently.

This is the first in a series of consulting workshops in which MTI Consultants guide and empower the bank's team to participate in the planning process and realize the strategic plan. The participants at the workshop represented a cross-section of the Bank, from business units to functional units from all regions. The workshop introduced the process to develop the proposed five-year Corporate Plan (2016 to 2020).

Chairman, RDB, Prasanna Premaratne said that the RDB has more opportunities to tap into the rural sector. CEO, MTI, Hilmy Cader said that for the strategic planning process using MTI's 8S model to be successful, the importance of change in the mindset is needed. It will steer change in the organisation to be more competitive and customer centric.

RDB was formed in 2010 by merging the six main provincial banks in Sri Lanka, and is a 100% government-owned Bank. RDB is committed to empowering the rural masses.

Since its inception in 1997, MTI Consulting has successfully launched over 550 projects in over 40 countries for financial and non-financial institutions.