Page 2 - Strategic Plan 5th Six-Month Report

The execution of Deposit Insurance Corporation’s
(“DIC”) 2018 – 2023 Strategic Plan (“the Plan”) is in
its tactical and operational phases. We continue to
work on legislative review and have increased our
focus in Crisis Management preparedness, all in
keeping with the Plan’s overall objectives 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
th
Process in the 5 6-Months?
Legislative review continues, aimed at enhancing our
protection capabilities.

The DIC’s crisis management preparedness is
concentrated on pay-out capabilities, deepening
public awareness, financing pay-outs. These
initiatives are achieved through simulation testing
and the engagement of other financial safety net
players with a view to participating in a robust Crisis
Management Framework.