Frank Groenewald

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BANKSETAThe Next Three Years
Frank Groenewald Johannesburg 12 October 2006
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THE SECTOR
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Major issues for banking

• PWC Report 2005
• Most Important Developments (Finance Sector
  Charter (HR most difficult) and Regulation)
• Market Competition (Corporate vs Merchant and
  Investment banking, Retail, Home loans and
  Vehicle finance extremely competitive)
• Drivers of Change (Foreign Entrants replace
  Technology)
• SA Financial Services Conference 2005
• Growing regulatory pressures (58/102 Act
  impact on banking)
• Pressure on bank charges
• Disintermediation and increased competition
• Diversification of income streams
• The Finance sector Charter
• Competition for good talent
• BEE Importance and Opportunities

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The Mandate
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SDA Legislative objectives

• Developing a culture of high quality lifelong
  learning
• Fostering skills development in the formal
  economy for
• productivity and employment growth
• Stimulating and supporting skills development
  in small
• businesses
• Assisting new entrants into employment to make
  South
• Africa a more equal place for everyone
• Stimulate and support skills development in
  SMMEs
• Improve employment prospects for previously
  disadvantage
• persons and Assist new entrants into the
  labour market
• Promote opportunities for skills development
  in development
• initiatives.

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SAQA objectives

• Integrated National Framework
• Facilitate access, mobility and progression
  with Education
• Training
• Enhance Quality of Education Training
• Accelerate the redress of past discrimination
  in Education
• Training
• Full personal development of each learner
• Social economic development of the nation at
  large

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FITTING IT ALL TOGETHER

Department of Education
Department of Labour
SAQA
Skills Development Planning unit
National Skills Authority
Standards
Quality
SETAs (per industry sector)
NSBs
ETQAs (per industry sector)
DOL
NSA
Refund
SGBs
Assessors
SARS
Training Providers
COMPANY
22 SETAs
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The flow of funds
National Skills Authority 20 SETA
Operations 10 Mandatory 50 Discretionary
20 (Penalties, Interest and Operational
Savings)
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(No Transcript)
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BANKSETA Mission
To support transformation and people
development and through partnerships, to enable
stakeholders to advance the national and global
position of the broader banking and microfinance
industry.
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Banking sector scope

• Central banking
• Discount houses, commercial and other banking
• Building Societies
• Financial mediation
• Lease financing
• Securities dealings
• Activities ancillary to financial mediation

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BANKSETA principles of operations

• Accelerate social transformation through skills
  development (85,Black, 54 women, 4 disabled.)
• Leverage the skills levy funds for the strategic
  benefit of the sector and the NSDS
• Be cost-effective and co-source non-core delivery
  mechanisms.
• Employ leading edge technology and best
  management practices.
• Conduct research and benchmarking in order to
  improve the sectors competitiveness through
  skills development.
• Be a hub for sector collaboration.

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SKILLS DEVELOPMENT PRIORITY AREAS (critical
skills)

1. Information Technology related skills development
   
2. Management and Leadership skills development
3. Customer Interface related skills development
4. Specialist Financial skills development
5. Legislative Compliance related skills development

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BANKSETA STRATEGIC FOCUS (Sector and National)

• Finance Sector Charter
• Youth development
• Adult Development
• SMME Development
• Research, Benchmarking and
• Communication

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Strategy Matrix
BANKSETA Finance Sector Charter SME Develop-ment and Support Youth Develop-ment Adult Education and CPD Research Benchmar- king and Communi-cation
Objective 1 Prioritizing and communica-ting critical skills for sustainable growth, development and equity Skills audit for Banking Research Scarce skills Future skills Skills Audit for Micro Finance Career Guidance Co-Operative Banks Shareholder Development Saratoga ASTD Conference BANKSETA International Conference
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Strategy Matrix
BANKSETA Finance Sector Charter SME Develop-ment and Support Youth Develop-ment Adult Education and CPD Research Benchmar-king and Communi-cation
Objective 2 Promoting and accelerating quality training for all in the workplace.  Woman development project Development Project International Executive Development Programme Middle Management development programme SME Voucher programme CPD for SME market Building a better Business Investors in People Initiative for SME 18.1 Learner- ships CPD for large and Medium firms Masters Bursary Scheme Abet Support Lender Education Investors in People Initiative
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Strategy Matrix
BANKSETA Finance Sector Charter SME Develop-ment and Support Youth Develop-ment Adult Education and CPD Research Benchmar-king and Communi-cation
Objective 3 Promoting employability and sustainable livelihoods through skills development. Co-Operative bank staff development
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Strategy Matrix
BANKSETA Finance Sector Charter SME Develop-ment and Support Youth Develop-ment Adult Education and CPD Research Benchmar-king and Communi-cation
Objective 4 Assisting designated groups, new entrants in work-based programmes Learnerships for unemployed people Graduate learnership for unemployed Bursaries Bridging Programmes New Venture Creation
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Strategy Matrix
BANKSETA Finance Sector Charter SME Develop-ment and Support Youth Develop-ment Adult Education and CPD Research Benchmar-king and Communi-cation
Objective 5 Improving the quality and relevance of provision BEE Training provider capacity building Centres of Excellence
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BANKSETA Success factors

• Committed and Informed Sector
• Competent Council/Board providing strategic
  direction.
• Strong culture of corporate governance,
  ownership and ethics.
• Clear vision and objectives.
• Knowledgeable, competent, committed staff.
• Strong culture of needs driven delivering.
• Strong focus on evaluation and feedback

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The way Forward
Think Big Start Small Scale Fast
and NEVER EVER EVER Forget the MANDATE
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In Conclusion

• We are your organisation.
• Own us
• Support us
• Share information with us
• We will be successful Together

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Thank you

• Address
• Block no. 15
• Thornhill Office Park
• 94 Bekker road
• Midrand
• Telephone
• 011 805 9661
• Fax
• 011 805 8348
• Call Centre
• 086 102 0002
• Website
• www.bankseta.org.za

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List of Acronyms

• BEE Black Economic Empowerment
• DOL Department of Labour
• NSA National Skills Authority
• SGB Standards Generating Bodies
• SAQA South African Qualifications Authority
• ETQA Education and Training Quality
  Assurance
• SARS South African Revenue services
• SETA Sector Education and Training Authority
• SMME Small Micro and Medium Enterprises