Unity Bank sacks 170
Unity Bank Plc has disengaged over 170 and have recruited over 300 new ones, mostly at entry level.
In a statement, the bank said: “The exercise is in a bid to right size its workforce and position the Bank for sustainable quality banking services across its entire branch network.”
The development of the bank’s Human Resource, the statement added, is one of the key areas identified as part of the objectives that the bank’s capital raising will address.
The Executive Director, Secretariat and Services, Mrs. Aisha Abraham, was quoted to have said: “Our people are our greatest assets; we consistently strive for training and rejuvenation of our workforce – constantly introducing a steady mix of promising young talents and experienced professionals. Our goal is to be able to offer quality services to our customers through a team of dedicated and resourceful staff at all times.”
The quest for this the statement said has led “Unity Bank to carry out structural and personnel realignments with decision making and service delivery processes running along Strategic Business Units, a highly effective model that is business focused, leading to specialisation, better understanding of the market and responsibility accounting.”
The right sizing is seen as a deviation from the traditional geographic business unit structure and is one of the changes Unity Bank has adopted to ensure that it has a 360-degree view of the market and proffer solutions that fit its vision.