Central Bank's Diversity and Inclusion....

 

DIVERSITY AND INCLUSION BY CENTRAL BANK OF IRELAND:

Diversity and Inclusion play a significant role in who we are, what we do, and how we do it. It complements and is essential to the purpose, vision, strategy, culture, and values of our organisation.

Our Mission:

We serve the public interest by preserving monetary and financial stability while ensuring that the financial system functions in the best interests of consumers and the economy as a whole.

Our main focus on diversity and inclusion enables us to attract and retain the diverse talent required to carry out our challenging mission. Utilizing the benefits of diversity in decision-making, problem solving, innovation, and risk management facilitates in the delivery of our policy and statutory functions.

Our Vision:

One Bank: Trusted by the Public, Respected by our Peers, Fulfilling Workplace for our People.

Reflecting the diversity of the people we serve improves the effectiveness of our public engagement, our understanding of the difficulties facing households and businesses, and the effectiveness of our policies. Finally, all of this contributes to the development of public trust, which is a key component of our vision.

Our Culture and Values:

D&I is connected throughout our culture, and just as we set standards for the financial system, our approach to D&I helps to bring our values to life in a variety of ways within the Bank by promoting excellence, innovation, and inclusion.


 

 

(Diversity and inclusion strategy 2022-2026 - centralbank.ie)
 

 

 

Our Strategic Priorities:

Our organisational Strategy 2022-2026 is intended to ensure that we are able to meet the challenges of a changing world also while fulfilling our mission, vision, and statutory functions. It has mainly four priorities:

1.       Future-focused: Adopt a proactive approach to anticipating and responding to changes in the economy and financial system.

2.       Open and Engaged: Increase trust and understanding of the Central Bank's role through greater engagement with the public, stakeholders, and peers.

3.       Transforming:  Transform our Bank to be a more active, flexible, diverse and intelligence-led organisation.

4.       Safeguarding: Continue to evolve our key policy frameworks and approaches, strengthening our ability to maintain price stability and financial system resilience while protecting consumers' best interests.

Our D&I priority is mainly on Transforming part but it has many cross-cutting benefits which span across all four strategic goals and acts as an enabler to the overall strategy.

 

(Diversity and inclusion strategy 2022-2026 - centralbank.ie)

References:

Diversity and inclusion strategy 2022-2026 - centralbank.ie (no date). Available at: https://www.centralbank.ie/docs/default-source/careers/diversity-and-inclusion/diversity-and-inclusion-strategy-2022-2026.pdf?sfvrsn=2b49941d_1 (Accessed: March 17, 2023).


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