Page 21 - BAM ONE REPORT 2564 (ENGLISH VERSION)

Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 19

The Company offers employee compensation and welfare The training and development courses are aimed at
in line with the current circumstance and labor market enhancing efficiency in working, business management, and
condition. personnel management and bridging the gap to ensure
work efficiency. They include courses required by laws,
The Company gives priority to the development of in-house and off-premises training, and corporate training.
“people,” the main contributor to moving the organization In the wake of the COVID-19 pandemic in the past year,
towards a success in line with its mission and vision. the Company has shifted towards more online training to
Therefore, it is essential to prepare the development of its ensure the employees are always prepared for continuous
personnel to be ready for and able to adjust themselves learning.
to the business direction and goal amid the ever-changing
factors, including new technologies, changing consumer In addition, the Company has a succession plan and
behaviors, and tougher competition. Employees’ personnel development plan in preparation for any retired
knowledge and skills will be enhanced in various forms so executives in the future by selecting qualified candidates
that they could cope with changes in a timely manner, as who are ready for promotion to the executive positions
follows: and providing them with additional capability development
to enhance their competence. Employees at different
Education To increase their knowledge and skills, levels are also rotated so that they could gain diverse
the Company has a policy to provide opportunities for working experience and be well prepared for assuming
the employees to pursue higher education in the executive positions in the future.
business-related fields by offering 20 master’s degree
scholarships/year at local institutions and two overseas (4) Reorganization for the long-term strategic plan
scholarships/year. The Company has reorganized its front office on
a full branch basis by entrusting the departments under
The Company also provides 20 master’s degree Loan Restructuring and Sales Groups 1 and 2 with
scholarships at local institutions and two overseas responsibility for NPLs, NPAs and litigation in order to
scholarships for outsiders in a bid to recruit highly capable eliminate bottlenecks in the work process and fully achieve
and competent individuals and develop qualified personnel work efficiency. Also, employees can develop their
to work with the Company so that they would become the knowledge and multi skill and advance in their career path
key drivers of future corporate development. as the operating staff and executives at each level will have
more opportunities to be elevated to higher positions.
Improvement of employee skills, knowledge and
work efficiency The Company devises plans for seminars (B) Company’s competitive advantages
and training that align with its business operation, and (1) The Company is the largest asset management
encourages all employees to undergo appropriate and company in Thailand with long experience
continuous development in order to efficiently enter the The company is the largest asset management
digital era. Employees at all levels are developed to close company in Thailand, considered from total assets,
the gap in their competencies and knowledge and enhance according to data of the Bank of Thailand (BOT). It was
their capability. They include both front-office and found that the total assets in the system of the asset
back-office employees at the levels of operating staff, management companies are valued for 254,422 million
manager, executive as well as those who are designated Baht. Meanwhile, the Company has total assets of 124,281
as successors. They are promoted to grow and advance in million Baht accounted for 49% (as of 30 September 2021).
their roles and duties professionally, efficiently and effectively the company believes that with total asset value and
and be able to move the organization towards achieving experience in operating the business of managing
its goals. non-performing loans and non-performing assets, the