On Holding Conference “Man as Capital. Management Technologies and Efficiency Assessment”
The Second International Interbank Conference “Man as Capital. Management Technologies and Efficiency Assessment” (Russian and foreign best practices) was held in Moscow on April 24, 2007. The Conference was organized on the initiative of Vnesheconombank, Gazprom and the International Moscow Financial and Banking School.
Participants in the Conference discussed unique technologies acquired by banks in assessing and retaining human capital and exchanged best practices in personnel management. Human resources management bank executives spoke on the following subjects: a system of personnel assessment as a means of implementing banks’ strategies effectively, practical diagnostic methods of assessing bank employees’ loyalty, attracting and retaining key specialists, personnel expenses planning, methods of providing employees with in-kind incentives and others.

Speaking on the subject “Human Capital’s Contribution to Increased Level of Banks’ Capitalization” Vnesheconombank’s Administrative Department Director, Sergei Nosov said that “human resources management is of paramount importance to Vnesheconombak now that a Development Bank is being established on its basis. And here Vnesheconombank’s potential and not only its level of capitalization, its international image and its expertise in conducting very complicated credit and financial transactions but its human capital as well play a crucial role.”
More than 150 representatives of the largest Russian banks, financial analysts and experts participated in the Conference. The participants in the conference made a decision to uphold a tradition of exchanging best practices in human capital management by holding annual international conferences.

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru
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