OREANDA-NEWS. October 03, 2014. Elena Litvinova, Director of Sviaz-Bank’s Personnel Department, placed third among personnel directors of commercial banks in the Top 1000 Russian Managers rankings of the Managers Association published by the Kommersant newspaper. Last year, Elena Litvinova was eighth in the Association’s rankings.

Elena Litvinova has been director of Sviaz-Bank’s Personnel Department since March 2012, starting out on her banking career in 1997. The measures undertaken by Elena Litvinova are contributing to a stronger human relations brand of the Bank as a stable and reliable employer in the labor market.

Over the past two years, salaries paid to employees and the personnel decision-making practices have been systematized, a system has been developed to manage the efficiency of Bank units on the basis of Key Performance Indicators (KPI), and a procedure introduced for assessing in-house services. A big stride forward has been made in providing training to junior personnel on the basis of a knowledge chart, and programs have been started to improve the skills of managers and key Bank employees. A program has been developed to recruit students of educational institutions in Moscow and the Bank employs up to 200 students every year for internship periods at the Bank’s various units. Social programs and corporate sport are developed on a large scale.

“It is a great honor for me to be among the best managers in Russia and win acknowledgment from my professional colleagues. To my mind, we live at a time when great importance is attached to corporate values such as unity, teamwork, cohesion, productivity, and corporate social responsibility,” said Elena Litvinova, Director of the Personnel Department. “We hope that the personnel policy and initiatives pursued by the Bank’s management help improve the efficiency of personnel management and the Bank’s performance in general.”

The ranking methodology was again based on the principle of “the best choose the best” allowing an utterly unprejudiced assessment of a manager’s professional reputation to be made. The results of the Top 1000 Russian Managers rankings also lay the ground for naming the nominees for the Aristos Prize instituted by the Managers Association.