Meezan Bank

Limited.
 Group Members

Roll # : 1316
Human Resource Roll # : 1329
Roll # : 1331
Management
Roll # : 1337
Roll # : 1344
Roll # : 335

College of Computer
Group: Science & Information
Mysterious Studies
G.C University Faisalabad.
What is Bank ?
 A bank is a financial institution, which
deals with money and credit. It accepts
deposits from individuals, firms and
companies at a lower rate of interest and
gives at a higher rate of interest to those
who need them. The difference is
between the terms at which it borrows
and those at which it lends from the
source of it profit. A bank, thus, is a profit
earning institution.
Introduction to Meezan Bank Ltd.
 MEEZAN was establishes as an Islamic
Investment Bank in 1997 as “AL MEEZAN
INVESTMENT BANK LTD”. After the successful
completion and great struggle First Islamic
Commercial Bank’s license was awarded to AL
MEEZAN Investment Bank in year 2002, to start
the commercial banking facilities they bought
the local operations of “Society General”
(French Bank) 03 branches and started the
commercial Islamic banking in the country.
 Meezan Bank stands today at a noteworthy
point along the evolution of Islamic Banking in
Pakistan. The banking sector is showing a
significant paradigm shift away from traditional
means of business and is catering to an
increasingly astute and demanding financial
consumer who is also becoming keenly aware
of Islamic Banking. Meezan Bank bears the
critical responsibility of leading the way forward
in establishing a stable and dynamic Islamic
Banking system replete with dynamic and
cutting-edge products and services.
 The Bank has made fundamental and
significant progress forward, and in doing so
has established a strong and credible
management team comprised of
experienced professionals, which have
achieved a strong balance sheet with
excellent operating profitability, including a
capital adequacy ratio that places the Bank
at the top of the industry, a long-term entity
rating of A+, and a short-term entity rating of
A1+, the highest short-term rating.
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Vision Statement
 Establish Islamic banking as banking of first
choice to facilitate the implementation of
an equitable economic system, providing
a strong foundation for establishing a fair
and just society for mankind.
Mission Statement
 Tobe a premier Islamic bank, offering a
one-stop shop for innovative value added
products and services to our customers
within the bounds of Sharia, while
optimizing the stakeholders value through
an organizational culture based on
learning, fairness, respect for individual
enterprise and performance.
Service Mission Statement
 Todevelop a committed services culture
which ensures the consistent delivery of
our products and services within the
highest quality services parameters,
promoting Islamic values and ensuring
recognition and a quality banking
experience to our customers.
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Achievements
 First Leading Bank in Pakistan:
 The Bank is the first in the country to introduce ‘Ladies
Banking’ a dedicated banking section only for ladies.
This new service provides an exclusive banking area as
per the set Shariah principles for our lady customers in a
more comfortable environment.
 The dedicated Customer Services Officer in our ladies
only banking area will provide consultancy for a full
range of our Halal banking services including, 9am to
5pm Online Banking, term Certificates, Current & Saving
Accounts, Consumers Financing and 24/7 banking
services.
 Branch Network:
 Over 70 branches are working all over the Pakistan.
Other Achievements
 Best Islamic Bank 2005
 (Islamic Finance News)

 Best
Provider of Islamic financial services
years
 Branch
Structure
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Human Resource Department
 Human Resource Department is the strongest
department of every organization and so as of
MEEZAN bank. It plays an important function
within an organization to manage
employment. Being resource-centered on
manpower, it focuses on recruiting the right
people for the right job and set precise
directions for employees to meet organization’s
goals. It involves the productive use of people
in achieving the organization’s strategic
objectives and the satisfaction of individual
employee needs.
HR Objectives
 The objectives are to look out for the well being of
all employees of Meezan Bank. Provide leadership
and direction to employees of the company.
Career Developing planning for all employees of
the company. Ensure thorough training of
nationwide employees. To provide individual
employees with orientation on the company at the
time of joining. To provide employees with solutions
to their problems. Maintaining data records of all
employees of Meezan Bank. To evaluate and
retain those employees who are assets to the
company.
Job analysis
 Job analysis is the systematic process collecting
information about the jobs, including the purpose
of each job, its duties, its place in the
organizational hierarchy, its working conditions
and employee’s requirement.
 MEEZAN bank uses job analysis by which the
duties of the position and the characteristics of
the specific person relating to that job are
determined. Job analysis produces information
that is used for writing job specification and job
description.
Job description & specification
Job description:
 For MEEZAN bank, job description includes the list of TDRs to
define a specific job;
 T means 'tasks'
 D means 'duties'
 R means 'responsibilities.

Job specification:
 For MEEZAN bank, job specification indicates the
acceptable qualification that an individual must possess to
successfully perform the elements of a job. It includes the
list of KSAOs for the job;
 K means 'knowledge'
 S means 'skills'
 A means 'abilities'
 O means 'other characteristics'.
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 Human resource planning(HRP)
 Human resource planning is the systematic process of
determining organizations human resource needs.
 MEEZAN bank ensures in human resource planning that it has
right number of qualified persons available at the proper times
and programming jobs that are useful both to the bank and to
the employees involved. It also includes ‘manpower planning’,
as the qualified persons are ensured and their jobs are
programmed afterwards.
 In MEEZAN bank, the responsibility of such planning is shared by
several people within the bank. The complete structure or
platform is present in MEEZAN bank for human resource
planning.
 MEEZAN bank’s human resource department assesses the needs
of the people for the organization and calculates the number of
people working present in the organization. It the forecasts
present and future needs of the people in the organization.
Recruitment
 Recruitment is the systematic process of identifying potential
candidate for the vacant position of the organization; it is the
process of finding the right person for the right job at the right
time.
 MEEZAN has multi dimensional recruitment policy in order to
achieve the objective to meet the requirements of functional
areas to cope with day to day basis. Recruitment is the activity
that links the organization and the job seekers.
 The process begins when new recruits are sought and ends
when their applications are settled. The result appears as a pool
of applications from which new employees are selected. It is the
process to discover the sources of manpower to meet the
requirements of staffing schedule and to employ effective
measures for attracting that manpower in adequate numbers.
This helps to facilitates effective selection of an efficient work
force.
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 Selection
Selection is the process of choosing the applicants who best suit vacant positions and
organizational needs.
 Recruitment is a function preceding selection, creating a pool of prospective
employees for MEEZAN bank, so that management can select the best one.
Selection process:
 The following is the selection process which is followed by MEEZAN bank.
 Initial screening:
 Initial screening is the process of eliminating the applicants based on job specification
and job description.
Application blank:
 After screening, applicants are asked to complete the application forms of MEEZAN
bank. This includes applicant’s name, address, contact no., CNIC no., qualification and
experience etc.
Pre-employment test:
 MEEZAN then conduct a pre-employment test to evaluate
the knowledge, skills and abilities of the applicant. Following
tests are conducted by MEEZAN bank:
 General intelligence test.
 Aptitude test.
 Personality and interest test.
 Achievement test.
Interview:
 MEEZAN conduct the interview to obtain information about
the candidate. It includes following types of interviews:
 Structured interview.
 Unstructured interview.
 Mixed interview.
Conditional job offer:
 A conditional job offer is usually made by MEEZAN when the
individual passes the interview.
Background checks:
 It includes the process of verifying the information of job
candidate. MEEZAN verifies the complete information
about the education certificates of the candidate from
his/her institutions.
 The individual legal status is verified from police stations
and the individual work records are verified from his/her
previous job organizations.
Medical/Physical test:
 These tests are conducted by MEEZAN bank to evaluate
that the individuals that would be selected are either
medically as well as physically fit for the essential job
performance or not.
Final selection decision:
 The candidates who perform successfully in the
proceeding steps are finally selected for the specific job
by MEEZAN bank.
Training & Development
 In human resource management, training and development is
concerned with bettering the performance of individuals and
groups in the organizational structure.
 In MEEZAN bank, training and development encompasses
three main categories:
Training:
 This activity focuses on the job that the individual; currently
holds in the bank.
Education:
 This activity focuses on the job that he individual may hold in
some future period.
Development:
 This activity focuses on the actions that the bank takes on the
individuals for their better performance in the future onwards
Performance management
 In MEEZAN bank, performance is defined by the outcomes of
behavior. Behavior is an individual activity and the outcomes of
behavior are the ways in which the behaving environment is identified
by the behavior of an individual.
 “Performance, then, is the achievement of some condition that
reflects one or more outcomes of the behavior of one or more
individuals”.
 Performance management is a process of shared understanding of
what is to be achieved and how it is to be achieved. In MEEZAN bank,
it is an approach to managing people that increases the chances of
achieving success.
Management by objective (MBO):
 A performance appraisal method that includes mutual objective
setting and evaluation based on the attainment of specific objectives.
 In MEEZAN bank, through MBO system, employee performance was
categorized into four parts; 6%, 8% and 10%, 12% to form a bell curve.
Rates and rewards are also revised ranging from 0% to 12%. All this
leads to strengthen “Pay for Performance” culture
Reward System
 Rewards are the benefits or incentives given
to the employees to appreciate their
performance.
 In MEEZAN bank, rewards are given to the
employees on the basis of their performance
and to appraise their performances. Rewards
are actually a form of motivation that
increases the employee morale towards
his/her job and job performance. Giving
rewards to the employees in MEEZAN bank
increases their efficiency towards achieving
profitability and success.
Compensation and Benefits
 Compensation is the adequate remuneration of
personnel for their contribution to the organizations.

 Benefits are the form of rewards which employees

receive as a result of their employment and position with
the organization.

 The compensation and benefits are the most important

part of HR department in MEEZAN bank. This division
looks after the dealing issues in MEEZAN bank related to
compensation and benefits administration. They are
working in well-established compensation program,
helping the bank to recruit, retain and motivate highly
qualified employee