As Minister for Finance, I have no role in the employment or departure of staff in the Central Bank. Under the Central Bank Act, 1942, the Central Bank Commission is responsible for administrating the staff of the Central Bank with a view to enabling the Central Bank to perform and exercise its functions and powers.
The Central Bank has developed a Human Resources Strategy which is being implemented and continuously aligned to the overall strategic direction of the Central Bank. The strategy seeks to enhance the organisation’s capability through a range of measures, including:
- Knowledge management
- Succession planning
- Coaching and mentoring
- Talent management
I have been informed by the Central Bank that it regularly conducts exit interviews at all levels to identify any underlying issues and trends.