Ecobank rewards top performers and streamlines staff
Following its recent merger with the former Oceanic Bank, Ecobank in Nigeria has announced the promotion of its top 1,000 performing staff.
In addition, the bank is giving a unique opportunity to 600 non-core staff to become permanent employees.
As the bank continues to acknowledge and reward exceptional performance, it also recognised after careful review, the need to disengage staff and providing severance pay to those affected, in agreement with the respective employee unions.
The Managing Director of the Bank, Jibril Aku explained: “Our focus in the new enlarged Ecobank is to ensure a smooth integration of the two banks, as soon as possible whilst working to improve the quality of service to our customers and our operational efficiency.
“We understand that people are our key asset, so we have emphasised the need to reward our best performers, and open up new opportunities for talented, committed people to join us as permanent employees.
At the same time, we are taking steps to ensure that all disengaged staff are treated fairly and in line with industry practice”
