Yoma Bank, Telenor Myanmar, and Ooredoo Myanmar Led “WorkplaceTransformX Myanmar” Event Advocating Workplace Inclusivity and Productivity

Yoma Bank, Telenor Myanmar, and Ooredoo Myanmar led WorkplaceTransformX Myanmar event advocating workplace inclusivity and productivity. The three believe that a workplace should promote openness, welcome feedback, and drive inclusivity. And as such, they adopted the Workplace by Facebook to transform their internal communication. The key purpose of the Workplace TransformX Myanmar event was to share their internal communication transformation journey and best practices as industry and community leaders.

Yoma Bank was an early adopter of Workplace by Facebook and the first bank in Asia tobeta test the platform which was then called“Facebook at Work” in late 2015. A successful rollout and branch wide adoption took place in 2016. Currently, over 3,000 Yoma Bank employees are actively using Workplace and WorkChat tools for their daily communications. Yoma Bank utilizes Workplace for internal communication, training, coaching, internal brand engagement, and collaboration. Yoma Bank’s Senior Management team and staff embrace transparency and regularly share information and interact with each other on day to day basis.

“Workplace has been Yoma Bank’s primary communications tool to drive the Bank’s transformation. We have benefitted enormously from the communications ecosystem that Workplace and WorkChat provide to enable our people to share information as well as communicate bilaterally and in groups. The platform provides visibility for all of our people on our BAU as well as change initiatives,” said Hal Bosher, CEO Yoma Bank.

Ooredoo Myanmar implemented Workplace digital platform in December 2017 with aims to communicate directly and efficiently with their employees and it became a key instrument to forge and strengthen engagement, information sharing, communication, collaboration, and workflow. To date,919 people have claimed their accounts and which is 99% rate for Ooredoo Myanmar.

Mr. Alok Verma, Acting CEO of Ooredoo Myanmar said, “One of Ooredoo’s core values is connecting and enriching people’s digital lives. In line with that vision, for our own teams, we launched Workplace by Facebook in December 2017 and more than two-thirds of our employees joined within 3 days and 103 groups have been created since then. Workplace by Facebook connects our employees and improves engagement, information sharing, communication, collaboration and workflow with easy-to-use familiar features. We are now working even more efficiently together with this great tool.”

Telenor Myanmar as part of Telenor Group, introduced Workplace to its employees in 2016 and now 25,000 employees worldwide with more than 800 from Telenor Myanmar are currently using Workplace daily as one internal platform for news and information, campaigns, live streaming events; such as global townhalls, department communication, knowledge sharing communities, projects and team discussions, and many more.

“Telenor’s vision is to connect people to what matters most. By connecting, we also acknowledge that communicating and empowering through digital technology to our employees is as important as to our customers. So we use many platforms for internal engagement and Workplace is found quite efficient as a platform to share information among employees across Telenor Group. We could also use this powerful tool to reduce email overload, to boost the transparency and collaboration internally, and enhance the agility of the company as a whole,” said Sharad Mehrotra, CEO of Telenor Myanmar.

About Yoma Bank

Founded in 1993, Yoma Bank is Myanmar’s most progressive domestic bank. Over the past few years, Yoma Bank has made significant investments in strategic priorities – people, technology and corporate governance. Yoma Bank is Myanmar’s fifth-largest bank by assets with 3000+ employees and 80 branches across the country. Yoma Bank was the International Finance Corporation’s (IFC) first direct investment in Myanmar in 2014 and it benefitted from a comprehensive 3-year advisory package to upgrade credit risk management, finance, treasury, product development and to procure a new core banking system (Misys Fusion Banking Essence).

Yoma Bank also receives ongoing technical assistance from GIZ, the German development agency, to improve and expand our SME lending. In 2015, Yoma Bank formed a strategic partnership with Telenor (Myanmar’s largest foreign Telco) to develop nationwide digital financial services through the formation of Wave Money, a mobile financial services company. Yoma Bank has benefitted from a significant grant from LIFT, a multi-donor, UNOPS administered trust fund, to expand agribusiness finance to Myanmar’s underserved agricultural community – a key segment in Myanmar’s development. Technical assistance for this program is provided by Rabo Bank, a Dutch agricultural bank. Yoma Bank is committed to financial inclusion in Myanmar.

About Telenor Myanmar

Telenor Myanmar has been providing accessible and affordable mobile communications to people across Myanmar since September 2014. With more than 8,300 sites nationwide, Telenor Myanmar serves more than 18 million customers in all States, Regions and territories through its 2G, 3G and 4G network. Telenor Myanmar is part of Telenor Group, one of the world’s major mobile operators with more than 176 million subscriptions across Scandinavia and Asia and committed to responsible business conduct and driven by the ambition of empowering societies.

About Ooredoo Myanmar

Ooredoo Myanmar was awarded a license to operate in Myanmar in June 2013. Ooredoo is now a leading provider of telecommunication services in Myanmar with the objective of “Enriching people’s digital lives”. Ooredoo Myanmar today has a range of life-enriching services for consumers to enterprise, government and SME customers. These services provide a platform for human growth and empowerment and are designed to help people achieve their full potential and businesses run more efficiently. Ooredoo Myanmar is committed to enriching the lives of Myanmar people through its products, services and CSR initiatives.