Page 2 - Strategic Plan 7th Six-Month Report

The Deposit Insurance Corporation’s (“DIC”) 2018 –
2023 Strategic Plan (“the Plan”) has just completed
the first half of the fourth year of operationalization.
The implementation of the Plan is almost completed.
The activities to support institutional strengthening
have been incorporated in the DIC’s ‘business as usual
operations’. As a result, there have been significant
improvements in the institution’s internal operating
framework as well as Crisis Management
preparedness. A significant contributor was the
operationalization of the Strategic Projects for the

enhancement of organizational effectiveness. Work
continues on the proposed legislative amendments
which aim to:

• Align DIC’s presence with international
standards;
• Engage Effectively with All Stakeholders And
In So Doing Contribute Meaningfully To The
Financial Safety Net; and
• Enhance Organizational Effectiveness.

How has the Plan lived up to its themes:
Enhancing Protection Capability and
Institutional Strengthening of People and Process
th
in the 7 6-Months?
DIC continues to boost its protection capability and
preparedness with regular testing and refinement of
its Crisis Management processes. An important
component of the DIC’s strategic objectives is ongoing