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Departmentation is the division of work into logical grouping.
It is usually done on the basis of functions performed,
knowledge, project, nature of work or the mixture of these
components. Moreover, the departmentation helps to control the
stress and divides the responsibilities.
The departmentation at KKI is to achieve our goals effectively
and carry out the business efficiently. The transformation into
an exchange company brought drastic changes in our basic
organizational structure and for the sake of laying a strong
foundation for efficient accomplishment of our new business
objectives and milestones, centralized management system was
introduced in KKI. For this purpose, a Corporate Office (Head
Office) was initially established and individual departments
were formed as per the nature of work.
The idea of centralized management has worked quite successfully
and has given rise to strong team work and combined results for
KKI. Every individual department is working like an SBU
(Strategic Business Unit) and is making a clear difference in
terms of achievement of the respective business objectives. It
has enabled our organization to broaden the span of its control,
has flattened the organization and has helped to maintain an
effective management control. Most of all, it has helped to
focus on our desired targets in the respective departments/
areas to reach them. The following departments exist at KKI:
Finance
Internal Audit
Home Remittance
Outward Remittance
Information Technology
Human Resource
Administration
Marketing
Research & Development
Compliance
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