Page 2 - Strategic Plan 4th Six-Month Report

Overview

Hooray! The Deposit Insurance Corporation (“the DIC”) is
on the final leg of its Strategic Plan 2018 – 2023 (“the
Plan”)!

The primary objectives of the Plan are:

• 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
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of People and Process in the 4 6-Months?
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Over the 4 6-Month period, staff leveraged the groundwork
completed on the key projects and increased the focus on the
remaining initiatives aimed at aligning operations to
international standards and enhancing organization
effectiveness. Individual goals and workplans reflected the
Plan’s objectives and were reinforced on an ongoing basis
with relevant training to build organizational capacity.

The momentum achieved was evidenced by the completion of
one (1) additional strategic milestone, while significant
inroads were made in a second milestone viz:

 Strategic Initiative No. 1 - Review the Deposit
Insurance Model: Identify and implement
improvements. This project focused on assessing the
impact of the DIC’s role in resolutions for the period