Ecobank Nigeria Upgrades Non-Core Staff, Rewards Top Performers

Ecobank Nigeria Limited has announced the conversion of over 200 outsourced personnel to permanent employees of the bank, as part of the bank’s drive to attract and reward talent while also repositioning for improved efficiency. In line with its recognition of excellence, the bank also recently implemented a merit pay increase for the top performers across all cadres.

Making the announcement in Lagos, the Managing Director of the bank, Charles Kie said converting qualified outsourced staff to permanent staff is in line with the Bank’s commitment to develop and grow talent by nurturing its people along their career paths and giving them access to higher responsibilities. He said the bank is resolute that recognizing and rewarding excellence will drive the Bank’s goal of achieving exceptional performance in the industry.

According to Mr Kie, the bank in its renewed drive for optimal performance has, in addition realigned certain roles bank wide to ensure improved efficiency. This he said necessitated the exits of some staff who were adequately compensated. He maintained that this is in furtherance of a market repositioning exercise designed to strengthen the bank’s business across all markets where it operates. He emphasized that the Ecobank Group is on a trajectory to achieve leadership and Ecobank Nigeria remains one of ETI’s major affiliates as well as one of Nigeria’s Systemically Important financial institutions.

Mr Kie explained that “our focus is to improve the quality of service to our customers as well as our operational efficiency. “We understand that people are our key asset, so we have emphasized the need to reward our best performers, continue to re-invigorate our people while also opening up new opportunities for talented, committed people to join us as permanent employees. At the same time, based on our repositioning plan, we had to disengage some staff while ensuring that, in line with industry standards, they are treated fairly”. He maintained that Ecobank is an institution where high professional culture, exceptional performance, innovativeness and professionalism are recognized , nurtured and rewarded.

Ecobank Nigeria is a member of the Ecobank Group present in 36 African countries. The Group employs nearly 19,000 people from 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals.