There are indications that about 50 staff members of Skye Bank Plc and staff in outsourced and auxiliary functions have been exited from the Bank’s employment.
Although the numbers of the affected non-core staff were not stated since they are not direct employees of the bank, the reasons for the exit it was gathered ranged from non-performance, disciplinary issues as well as right sizing.
Most of the affected staff are Staff in Outsourced Functions. They are made up of Tellers, Drivers and Internal Security Guards.
The Management of the Bank, it was learnt, has also approved payment of generous entitlement and severance packages to those affected as contained in their engagement letter and as agreed with the workers’ union.
The bank thanked the affected staff and expressed its appreciation for their work while in the employment of the organization.
It would be recalled that part of the mandate of Skye Bank’s re-constituted Board is to run a lean and efficient organization, control cost, aggressively recover debts owed by debtors and grow deposit liabilities and shore the liquidity position of the Bank.
Skye Bank, designated by the Central Bank of Nigeria as one of Nigeria’s eight Systemically Important Bank, is one of the country’s leading retail and commercial banks with over 373 branches and cash centers across Nigeria.
It offers premium financial services, with subsidiaries in the West Coast of Sierra Leone, The Gambia and Guinea.
