RDB launches strategic planning process with MTI

MTI Consulting initiated the five-year strategic planning process for the Regional Development Bank (RDB), the largest development bank in Sri Lanka, with an interactive kick-off workshop session recently. 

This is the first of a series of consulting workshops in which MTI consultants guide and empower the bank’s team to participate in the strategic planning process and realise the strategic plan. The participants for the workshop represented a cross-section of the bank, from business units to functional units from all regions. The objective of this full-day workshop was to introduce the planning process for the development of the proposed five-year Corporate Plan (2016 to 2020).

At the commencement of the workshop, RDB Chairman Prasanna Premaratne addressed the participants and highlighted that RDB has more opportunities to tap into the rural sector development in Sri Lanka.

MTI CEO Hilmy Cader emphasised that for the strategic planning process using MTI’s 8S model to be successful, the importance of the change in mindset is required, which will steer the expected change in the organisation in order 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 of Sri Lanka.

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