Security Bank Corporation (PSE:SECB), a prominent universal bank in the Philippines, has recently unveiled HeRO, powered by Darwinbox, as its state-of-the-art Human Capital Management (HCM) platform. This represents a significant enhancement in the employee experience for the Bank’s vast workforce, comprising over 7,000 individuals. The Bank has seamlessly integrated its systems into a comprehensive end-to-end HCM platform, spanning the entire employee journey from recruitment to retirement. Security Bank’s objective with this collaboration is to provide its employees with a mobile-first HR solution that is user-friendly, forward-thinking, and serves as an all-in-one tool for HCM data and service requirements.
Darwinbox’s HCM and HR experts collaborated closely with the Security Bank team during an extensive blueprinting process to address the Bank’s unique needs, charting out a roadmap and expected outcomes. The partnership between Darwinbox and Security Bank involved a phased implementation strategy to ensure the successful adoption of scheduled functionalities while maintaining business-as-usual operations.
Discussing the Bank’s HR vision and intentions with the new HCM platform, Sanjiv Vohra, President and CEO of Security Bank, commented, “At Security Bank, our values-based culture is underlined by our Employee Value Proposition known as ‘You Matter.’ We are enhancing our support for our employees through distinctive, industry-leading engagement and benefits programs. We are also heavily investing in technology to enhance the overall employee experience. Our Bank has grown and evolved over the past seven decades, and the key to our longevity and success lies in our most valuable asset—our people.”
He continued, “Security Bank is committed to being the preferred employer in Philippine banking. To achieve this, we are investing in employee development and technology to streamline processes and improve work-life balance. HeRO is a significant part of our HCM transformation initiative, aimed at unifying and empowering employees by providing a single source of truth for all HCM data and services, from onboarding to career advancement and retirement.”
Two ‘Experience Lab’ sessions, led by Darwinbox, were conducted to acquaint stakeholders with HeRO (Security Bank’s branded version of the Darwinbox platform) before its official launch. The first session was attended by Security Bank executives, while the second session involved a broader audience.
Jayant Paleti, co-Founder of Darwinbox, emphasized, “We are not just interested in delivering a platform; our focus is on driving end-to-end value management. We are ushering in a new way of working at Security Bank. We relish collaborating with dedicated teams that prioritize their employees’ well-being, and Security Bank’s team’s commitment to their people has been evident from day one. The vision and execution have been meticulously planned, and everyone involved has shown tremendous support. We look forward to nurturing an enduring partnership with Security Bank.”
Vikrant Khanna, Global Head – Value Management and Solutions at Darwinbox, remarked about the engagement, “It’s inspiring to collaborate with organizations that are redefining the standards for high-touch and high-tech HR in a well-thought-out manner. Security Bank’s employee value proposition of ‘You Matter’ has been a guiding light for HCM, clearly delineating their transformation journey.”
Darwinbox is globally recognized as the #1 rated HCM platform (on Gartner Peer Insights) and is backed by industry giants such as Microsoft, Salesforce, and Sequoia. This cutting-edge solution has achieved the distinction of being the fastest and sole Asian HCM player to feature on the Gartner Magic Quadrant in 2021 and 2022. The company’s technology partnership with Microsoft is driving the development of cutting-edge innovations, including the integration of AI in HR.