Security Bank Corporation was awarded by UK-based finance journal Retail Banker International (RBI) at the 2022 RBI Asia Trailblazer Awards for having the Best Advance in Managing a Remote Workforce and Best CSR Initiative-Contribution to the Local Community.
According to RBI, “The 2022 edition of the awards received a record number of entries across the Asian continent representing the best-in-class consumer finance and retail banking companies. Among the key takeaways from the awards submissions in 2022 has been the quality of submissions RBI has received, resulting in the award-giving institution recognizing over 50 banks this year.”
The journal recognized Security Bank for its successful efforts to rapidly transition to a remote workforce setup due to the COVID-19 pandemic. It also feted the Bank and its Corporate Social Responsibility (CSR) arm, Security Bank Foundation Inc. (SBFI) for helping local communities adapt and recover from COVID-19.
“We’re honored to be recognized by Retail Banker International for our efforts in ensuring the safety of our employees at the height of the COVID-19 lockdowns. This is testament to our passion for our people as we work towards becoming an employer of choice in the Philippines,” says Nerissa Berba, SVP and Human Capital Management Head.
In 2020, at the height of the lockdowns, Security Bank immediately enabled employees to work remotely, equipping them with the tools needed to work productively, while keeping operations safe and secure. During this time, the Bank also partnered with various industry leaders such as LinkedIn Learning, Glint people success platform, and Mind You, for its learning, engagement, and wellness initiatives.
At the end of 2021, Security Bank Corporation won the “Diversity Champion” and “Best Culture of Learning” Awards at the recently concluded 2021 LinkedIn Talent Awards. These recognitions were given to successful organizations who have made a significant impact using LinkedIn Talent Solutions.
Adding value to the local community
RBI also recognized both the Bank and SBFI for its CSR programs that have contributed to the growth of communities outside Metro Manila. In recent years, the Bank and its Corporate Social Responsibility arm, SBFI, have launched various programs that focus on improving the health and wellness of Filipinos, as well as building ties with the community it serves.
The Bank has spearheaded various projects such as the funding of a new Chemo Prep Room at the Philippine General Hospital to reduce the waiting time of cancer patients receiving treatment. It also partnered with St. Luke’s Medical Center to fund plasma treatments for COVID-19 patients to help boost their body’s defense against the virus.
SBFI leveraged on its existing partnership with the Philippine Red Cross (PRC) and donated three negative pressure ambulance units on top of the five regular ambulance units donated before the COVID-19 pandemic hit the country.
SBFI also contributed to the augmentation of the country’s capacity for COVID-19 testing by establishing a bio-molecular laboratory in Mandaue, Cebu through PRC. More than 7,000 individuals have been served by the ambulances donated by SBFI while close to 100,000 tests have been conducted at the bio-molecular laboratory in Cebu.
SBFI also continues to build new classrooms and train teachers through its Build a School, Build a Nation Program. As of 2022, it funded the construction of 715 classrooms with 621 already turned over while 94 are in various stages of construction for turnover by the end of the year.
“Security Bank Foundation strived to reach 700 classrooms constructed and in progress by end of 2021. While the COVID-19 pandemic may have challenged our ability to fully turnover the ongoing classrooms to hit the 700th mark, we hope to turn these over by end of 2022 to support our schools’ aspiration to finally resume face-to-face classes and provide better quality of education for students,” says SBFI Chairman Rafael Simpao, Jr.
“As we work towards becoming the most-customer centric bank in the Philippines, we will continue to invest in our clients and in what they value the most. Alongside this, we will continue to nurture our people and the communities we serve. This RBI award and recognition re-affirms our commitment to be better and to provide Filipinos with BetterBanking service,” says Sanjiv Vohra, President & CEO of Security Bank.