International Management Development Programme for BCC graduate trainee officers recruited in USA.
On 18 June 1984, the Pace University launched a six-month training programme for thirty BCC trainee officers.
Pace is a private university established in 1906 as a business school with its main campus in New York city.
At the time Pace was the second largest university in New York and the fifth largest in USA.
Pace University New York joined together with BCCI to offer a new and unique International Management programmes to train US graduates recruited locally by BCC and prepare them for the expansion of BCC's banking operations in USA.
The scope of the programme developed with BCC Human Resources and Internationmal Management Development in central office London was diverse and covered the six essential facets of banking - asset management, liability management, trade asset management, profit management, marketing, and technical banking. The programme also tackled the vital task of sharing BCC's corporate ethos with the new members of its family. Overall, the programme fused professional technology with BCC management concepts, and each trainee officer had an opportunity to:
- acquire the technological foundation for a life-long process of development in professional banking on an international basis
- get to know BCC
- recognise the need to belong to and to relate to the organisation and to perceive BCC as his or her new 'home'
- become part of an active management process from the start of his or her career
- become acquainted with the imperatives of marketing and profit, as well as the relationship between process and purpose.
During the official inauguration of the programme, Mr Agha Hasan Abedi, President of BCC, welcomed the trainees to their new home, BCC. Mr Abedi said that besides the nationality that each person in BCC had from his or her own country, they all shared in a very distinctive nationality - a global nationality that stems from 'our feelings, our outlook and our faith in belonging to a common humanity'.
Mr Abedi went on to say: 'Just as knowledge has no boundaries, there are no boundaries to the possibilities open to us. Possibilities, both in quantity and in quality, exist in this limitlessness. The heritage of possibility is limitlessness.' The President called the trainees 'possibilities with an opportunity to feel and love the limitlessness of possibilities in the family of BCC.'
Speaking at the inauguration, the eminent Dr Edward J. Mortola, President and Chancellor Elect of Pace University, highlighted the unique significance of the venture and contrasted it with other ventures that Pace had entered into with American corporations. This uniqueness, Dr Mortola said, stemmed from 'the set of values deeply rooted in humanity and fundamental to the nature of BCC, such as concern for the individual, a high degree of responsiveness to the issues of morality, and working effectively with one's fellow man.
Conference on International Banking
On 11 May 1983 BCCI New York representative office helped to organise and sponsored a conference on international banking and global financing at Pace University. The conference was an unqualified success and helped to introduce BCC to the financial community in New York.
Acknowledgement:
In-house Magazines