MB named among Best Companies to Work for in Asia 2021 by HR Asia

October 08, 2021 | 16:53
On October 8, Military Commercial Joint Stock Bank (MB) was awarded the Best Companies to Work for in Asia 2021 title by HR Asia at its first time participating in the awards.

This year, approximately 30,000 employees from 581 countries in Vietnam responded to the Total Engagement Assessment Model (TEAM) survey, HR Asia’s proprietary employee engagement survey. MB is among the few banks to be given this award.

The survey’s results show that the average score of MB on three criteria, including Collective Organisation for Real Engagement (Core), Heart, Mind, and Soul (Self), and Think, Feel, and Do (Group), is significantly higher compared to the market average.

In addition, the bank's resilience and great efforts in prioritising employee experience despite navigating the uncertainty amid the pandemic have been internationally recognised.

MB named among Best Companies to Work for in Asia 2021 by HR Asia
MB is executing new banking propositions upholding its role as one of the largest, most prestigious financial groups in Vietnam

Sharing her thoughts about the award, Dang Minh Huyen, director of Human Resources of MB told VIR, “The digital transformation of HR lies at the heart of MB’s journey to become a leading digital bank in the region. Our digital-driven environment stimulates new ways of thinking, new ways of working, and new ways of leading, giving MBers opportunities to break the limits and achieve breakthroughs together.”

Not only succeeding in promoting digital transformation in business activities and offering convenient experiences for customers through a series of digital products and services, MB's efforts were also highlighted in building a modern, friendly working environment that stimulates self-learning, creating an agile and dynamic workforce.

MB named among Best Companies to Work for in Asia 2021 by HR Asia

MB was selected as one of the Best Companies to Work for in Asia 2021 by HR Asia at its first time participating in the awards

In 2020, MB was among the first financial institutions in Vietnam to put a paperless office system into operation. Most documents are submitted, processed, and approved via the electronic office system.

MB is also a pioneer bank in investing in modern facilities for its employees. The bank has established Learning and Creativity Centers in Hanoi and Ho Chi Minh City, giving the edge for MB to sharpen management skills and to carry out business activities smoothly, safely, and effectively. The bank is gaining the upper hand in energy-saving and sustainable development thanks to its large share of paperless-based interactions.

Meanwhile, MB has set new standards for an ideal workplace, where all employees gain the commitment of comprehensive care and opportunities to unlock their potential through diverse experiences and challenges. Notably, over the last three years, the number of MB employees has remained unchanged but labour productivity has increased by about 25 per cent per year.

MB named among Best Companies to Work for in Asia 2021 by HR Asia

Digital transformation in HR lies at the heart of MB’s journey to become a leading digital bank in the region

MB Ageas Life Insurance Co., Ltd. (MB Ageas Life), one of the six subsidiaries of MB Group, was also named among the Best Companies to Work for in Asia 2021. MB Ageas Life is highly appreciated for its young and dynamic working environment and culture, which attracts a great deal of talented personnel in the insurance industry. MB and MB Ageas Life both being honoured as Best Companies to Work for in Asia 2021 is a testament to MB Group's efforts in creating a friendly and cohesive working environment, in which employees are together creating a diverse and convenient digital ecosystem for customers.

Best Companies to Work for in Asia is a prestigious international award held annually by HR Asia to honour businesses with outstanding HR policies, ideal environment, and regular internal activities to build employee engagement. The awards cover 13 markets in 2021, such as Hong Kong, Taiwan, Singapore, China, and Vietnam.

By Hien Nguyen

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional