banks in Nigeria has in recent time stirred
panic in the hearts of many Nigerians,
especially the young ones graduating daily
from various higher institutions across the
country.
What is the way forward for the sacked
professionals?
An economic melt-down has been blamed for
the mass sacking of bank staff, a
development which has caused very heated
debates at various levels, causing many to
doubt the possibility of a future for young
Nigerian professionals.
It is no news that Nigeria has so many
youths (graduates) loitering the streets, with
hopelessness boldly written on their faces.
However, even as the hardship struck hard at
the Nigerian economy, three banks were
outstanding in the sense that they did not lay
off staff, a feat which many of our new
generation banks must strive to attain.
Below are the top three outstanding Nigerian
banks which did not lay off their staff in
troves. It is remarkable to note this because
so many lives were destroyed, families
broken due to the massive retrenchment of
the times.
3. Guaranty Trust Bank
Having clinched the African Banker Award for
innovation in 2016 under the leadership of Mr
Segun Agbaje, Guaranty Trust Bank (GTB)
has kept a very good record. Beyond bringing
simple banking for every Nigerian regardless
of class, GTB has kept in line with their
principle of being an employer of choice
which goes beyond the regular pay package.
GTB within the year in focus was one of the
leading banks in terms of training and
mentoring staff. Leveraging advancements in
technology to pioneer innovative products,
there is no doubt that their rapidly growing
customer base has help them to keep and
nurture their staff even in the face of a dying
economy.
2. Zenith Bank Plc
With over 500 branches and business offices
in prime commercial centres in all states of
the federation and the Federal Capital
Territory (FCT), there is no doubt that Zenith
Bank is one of the largest in Africa. But being
large is not all it takes in the banking
industry; hence Zenith has continued to grow
operating on a culture of excellence and strict
adherence to global best practices.
Having grown its shareholder’s fund of
N20million in 1990 to N509.25billion as at
year end 2013, one can easily understand
how this bank has been able to maintain its
staff, seeing to their welfare and ensuring
that they are not let go into the oblivion of
the Nigerian economy.
1. Fidelity Bank Plc
Without mincing words, Fidelity is
undoubtedly among the fastest growing
commercial banks in Nigeria today. With a
stable and innovative management as led by
(Nnamdi Okonkwo), this bank’s staff are
jealously admired in the banking industry. The
bank has earned itself a reputation for quick
service and SME banking.
University graduates also often seek to join
the bank because of its graduate and
leadership training programs. Little wonder
why in 2014, Fidelity Bank announced the
promotion of 963 out of its employees, on
conclusion of its 2014 annual staff
performance appraisal.
These three Nigerian banks have
distinguished themselves and as such
deserve worthy mention. This piece has been
written as to give upcoming professionals in
the banking sector an idea of where they can
build their carrier without fear of sudden
retrenchment, as well as to urge other banks
within the sector to stop the massive
dismissal of their staff, as this has a grave
adverse effect on Nigeria as a nation.
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