But I also have a few regrets. Under my stewardship, the Bank has been endowed with a new structure that allows it to function more effectively but, unfortunately, we have been unable to provide the staff with the kind of remuneration package that would align their level of responsibilities and performance with their pay packet.
This constitutes a major setback for me as I firmly believe that the productivity-related pay, by which I set much store, would have propelled the Bank to new heights in terms of the quality of staff that we would have been able to recruit and retain.