Skye Bank Promotes 300 Staff

Skye Bank has announced the promotion of over 300 staff members in its employment following a 2016 annual staff performance review exercise.

The promotion which cuts across several cadres of staff up to managerial level, according to a statement, was in line with the bank’s effort to reward staff who performed creditably in their various roles during the past financial year.

The bank also announced that it compensated some staffs in the senior management cadre with monetary reward for their diligence and productivity whilst a handful of staff who failed in the performance appraisal exercise on account of poor performance were exited.

It also said management of the bank had since approved payment of the entitlement and severance packages to exited staffs as contained in their engagement letters and as agreed with the workers union. While announcing the outcome of the annual Performance exercise, the Group Managing Director/ Chief Executive Officer of Skye Bank, Mr. Tokunbo Abiru, congratulated all staffs of the bank for their hard work in the last financial year especially given the challenging operat- ing environment.

According to him, “We will continue to reward our staff who display high level of commitment towards their responsibilities and the bank’s strategic objectives.”

Abiru further noted that “a performance-driven organization is critical to the achievement of the bank’s overarching objectives.”

He urged the newly elevated staff to see their promotion as a call to re-dedicate themselves to excellence; assuring that those who deliver consistently on the job, would earn commensurate benefits that befit high performers.