Tashi Bank Case Study
Abstract
The assignment will focus upon one of the Tashi groups branches Tashi Bank.
Tashi bank is the fourth commercial bank and with the license from RMA (Royal Monetary Authority) under the financial acts of Bhutan 1992. It also has been incorporated under the company’s act of Bhutan (Tashi group).
Tashi bank was established in March 12, 2010 in Thimphu as a head office and to expand the branches of the bank networking across the country (Tashi group). The branches of the Tashi bank were opened in Phuntsholing, Wangdue and Gelephu.
The sixty percent (60%) of the share at Tashi bank are among the Ashi Savitri Dorji, Dasho Topgyal and Dasho Wangchuk Dorji and 40% percent of the organizations shares are among the general public.
Following
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The board member determines the values of the Tashi bank to promote and determine the review the Tashi Bank’s company goal. The Tashi banks board member also implement the policy, rule and regulation of the organization (Brefi group). The board will also review upon the future threats towards the organizations and determine the precaution for the threats upon the organization form external sources.
Roles and Responsibilities of CEO of the Company The CEO (Chief Executive Officer) role and responsibilities are to advice the Board and help develop or promote the mission and vision of the organization. Also motivate the employees of the Tashi Bank. The CEO of Tashi Bank also ensures the MIS (Management Information System) of the employees are maintained in the organization. The CEO of the Tashi Bank also looks upon the opportunity for the banks futures and acts like a middle person among the Board member and the employees of the Tashi Bank.
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It also has been incorporated under the company’s act of Bhutan.
“Tashi bank is committed to provide diverse and superior financial products and services that utilize individualized personal attention, while incorporating high tech solutions to our clients banking needs, and developing competitive advantage on a sustained basis by anticipating changes in the customer’s preferences and in the manner of doing business.”
Tashi bank was established in March 12, 2010 in Thimphu as a head office and to expand the branches of the bank networking across the country (Tashi group). The branches of the Tashi bank were opened in Phuntsholing, Wangdue and Gelephu. Following the requirement of the RMA and the Companies Act of Bhutan, Tashi Bank has appointed new Directors who are equally involved in the development and manage the function of the bank (Tashi Bank, 2014).
The Management teams in the Tashi Bank are the board of member and the Human Resource as the HR is assets to the bank and this department mainly focus on the training of employees with the allocated budget. Tashi Bank gives more important to the corporate governance and practices it all around the Tashi Bank in the
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