Page 2 - Strategic Plan 3rd Six-Month Report

Overview
We have now completed eighteen (18) months of
The Deposit Insurance Corporation (“the DIC”) Strategic
Plan 2018 – 2023 (“the Plan) with considerable
momentum and continued commitment to the primary
objectives:

• 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

theme: Enhancing Protection

Capability and Institutional

Strengthening of People and Process in

the 3rd 6-Months?

Over the 3rd 6-Month, staff strengthened its understanding

and appreciation of the objectives of the DIC, particularly

in the area of aligning operations to international standards

and enhancing organization effectiveness. Based on

this strategic direction, individual workplans were

developed with a view to increasing performance

which included training to build organizational capacity.

This resulted in the advancement of three (3) additional
strategic milestones, viz:

• Strategic Initiative No. 1A - Review the Deposit
Insurance Model: Identify and implement
improvements. This project focused on assessing
the impact of DIC’s role in resolutions for the period
1986 to 2011. It will provide the necessary input to