RANG-AY PRESIDENT ELECTED AS PPMI DIRECTOR
Rang-ay Bank President & CEO Ives Jesus Nisce II was elected as a Director of the Philippine Payments Management, Inc. (PPMI) last September 20, 2021 representing the rural banking sector. The PPMI Board is composed of representatives from the universal and commercial banks, thrift banks, rural banks, and non-bank e-money issuers (NB-EMIs), as well as independent executives that represent broader public interests.
The PPMI is the Philippines’ duly recognized self-governing body tasked to support the Bangko Sentral ng Pilipinas (BSP) in overseeing proper operations and monitoring the implementation progress of the National Retail Payment System (NRPS) by enforcing its governance framework. PPMI also manages the two (2) major Electronic Fund Transfer (EFT) services in the Philippines, the PESONet and InstaPay. are both trustworthy and reliable fund transfer services backed by the BSP, so your decision to choose your EFT service boils down to a few factors aside from the transaction fee.
STRATEGIC PLANNING WORKSHOP FOR 2022
Rang-ay Bank conducted its Strategic Planning Workshop for 2022 in multiple venues in Ilocos Sur and La Union in October and November 2021. As Covid-19 pandemic still exist, health protocols were strictly implemented during the sessions to ensure the safety of the Officers.
North Branches held their Strategic Planning sessions at Port Adventure in San Esteban, Ilocos Sur last October 23, 2021 attended by the Senior Managers and Branch Managers of the 13 branches in the North Area. On the same day South Branches with 12 branches conducted their workshop at Marand Resort & Spa, Baccuit, Bauang, La Union. While on October 30, 2021, Head Office departments & units successfully conducted their workshop at Plaza de Castiel Hotel & Spa, Urbiztondo, San Juan, La Union. At the same venue, Central Branches also held their workshop last November 6, 2021.
The events served to set priorities, focus energy and resources, strengthen operations, ensure that the Officers and Staff are working toward common goals, establish agreement around intended targets, and assess and adjust the organization’s objectives for 2022 and beyond.
As Chairman Ives Nisce said in his closing remarks, “if you fail to plan, that is a plan to fail” that is why Rang-ay Bank continues to organize Strategic Workshops for the Officers to review the bank’s operations and align its medium and long term targets. It also allows the company to be proactive to anticipate future needs and prepare accordingly. Strategic Planning also helps officers to define their goals for 2022 while keeping track of their accomplishments for this year.
