Royal Bank of Scotland names VEGA as a preferred supplier

The Royal Bank of Scotland Group (RBS) - the fifth largest banking group in the world by market capitalisation - has selected VEGA Group PLC as a ‘preferred supplier’ of e-learning services

VEGA will be working with RBS to create new e-learning programmes as well updating and maintaining RBS’ existing portfolio of e-learning programmes. They will also provide added-value services, including consulting advice on issues such as learning management systems, learning strategy, knowledge management and the innovative use of information technology.

Corin Superfine, the VEGA Account Manager for RBS, said: “RBS is probably one of the world’s leading users of e-learning and they are clearly continuing to invest in their organisation for the benefit of their customers, staff, and shareholders.”

Brian McLaren, Head of Training and Online Learning, Royal Bank of Scotland Group said: "We recognised a need for a requirement to move away from the buyer supplier relationships which we've had in the past with our bespoke e-learning development suppliers.

“The introduction of a preferred panel of suppliers gives us the back up which we require to support e-learning activity across a much-enlarged Group, which now has over 105,000 employees globally. It also provides the suppliers the unique opportunity to live within our culture and help shape our e-learning thinking as we progress forward with our growth plans. This is a true partnership arrangement and the way that we ultimately work together through forums and process design will reinforce that."

Dave Buglass, Manager, Learning Infrastructure, Royal Bank of Scotland Group, commented: "We've carried out a rigorous exercise against laid down criteria over the past 12 months and this has helped us shape what we believe to be a strong set of companies who will provide us with the creative leading edge thinking that we require. It has obviously taken a long time to complete but in a way this has assisted with the timing and we're in a stronger position now to exploit and move forward at a quicker pace.

“We're obviously delighted to include companies, which we have worked with previously onto a more formal working relationship but welcome the opportunity to work with VEGA Group PLC and BYG Systems for the first time."

For VEGA, this news builds upon success last year, when Lloyds TSB - the eighth largest banking group in the world - selected VEGA as a preferred supplier of training design, including the design and development of e-learning solutions. With 550 staff across Europe, and an annual turnover of £35m VEGA is one of Europe's largest and most experienced developers of bespoke e-learning solutions

May 29th, 2002


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