PBZ keeps retirees at heart of institutional growth
ZANZIBAR: AS retirees face changing economic conditions, health needs and the challenge of transitioning from active service to postemployment life, sustained institutional support has become increasingly important to their well-being and continued contribution to society.
It is against this backdrop that the People’s Bank of Zanzibar (PBZ) has committed to continue valuing and engaging its retired employees, drawing on their wisdom, experience and professional insight as part of a long-term strategy to strengthen institutional performance and sustain the bank’s growth.
PBZ Managing Director, Mr Fahad Soud Hamid said during the bank’s annual general meeting held to honour retired staff at the Police Ziwani Hall in Zanzibar.
Mr Fahad said PBZ retirees remain a vital reservoir of institutional knowledge, having played a central role in laying the foundation of the bank from its early stages to the achievements recorded today.
He noted that the bank’s success cannot be separated from the dedication, discipline and integrity demonstrated by past employees, stressing that every milestone PBZ has achieved was built upon their sincere contributions to both the institution and the nation.
According to him, retirement does not mark the end of the relationship between the bank and its former employees, but rather the beginning of a new phase of collaboration grounded in advice, experience and wisdom.
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“PBZ will continue to keep its doors open to retirees so they can share views and recommendations that contribute to improving operational efficiency,” CPA Fahad said, adding that institutions which respect their workforce legacy build stronger and more sustainable futures.
He wished the retirees good health, peace and long life, while encouraging them to remain connected to the bank and offer guidance whenever they identify challenges or opportunities for improvement.
