Fairbairn Private Bank has retained the Investors in People Standard following a recent review.

It’s the second assessment review since the bank was originally awarded the standard in 2002.

The assessment took place over two days in the company’s offices in the Isle of Man and Jersey and included interviews with staff, as well as various reviews of the bank’s systems and processes.

Established in 1990, the standard requires organisations to demonstrate evidence of comprehensive quality standards in communication, learning and development within all levels of management and staff.

Some of the strengths highlighted by the company’s review included:

• The culture of the company and ‘putting people first’
• The strong commitment shown to supporting people throughout the company
• Good practice in creating an overall friendly and social working environment
• The sensitive and helpful approach to work life balance
• The comprehensive range of learning and development provided to support people in their work and careers.

Accepting the award from Trade and Industry Minister, David Cretney MHK, managing director of Fairbairn Private Bank, Greg Horton, said: ‘We are delighted to have retained this standard and to receive such positive feedback on our commitment to both staff and clients.

‘In these times of questionable corporate governance, it provides a strong endorsement of our business from an independent third party. We look forward to promoting the Investors in People values in our continued pursuit of high quality service levels, innovation and client satisfaction.’