Access Bank Transits To Holdco Structure, Promotes 800 Employees

Following a rigorous performance management assessment in line with global best practices, Access Bank Plc, Nigeria’s largest bank by assets, has announced the promotion of 800 staff.

Mr Amaechi Okobi, the bank’s Group Head of Communications and External Affairs, made the announcement in a statement released on Monday in Lagos.

The beneficiaries of this large-scale performance review effort, according to the statement, were the bank’s senior, middle, and junior management levels.

Their promotion comes as the financial behemoth prepares to transition to a Holding Company (Holdco) on May 1, 2022, according to the statement.

The bank’s constant growth throughout the years was credited to the employees’ unwavering efforts and sacrifices, according to the statement.

The statement assured employees of management’s continuous efforts to put employees in best position to grow and be successful in today’s highly competitive work environment.

It also said the bank had over the years, demonstrated that employee performance and rewards remained a critical pillar of its business operations.

“The bank has consistently provided adequate resources to deepen core job skills while entrenching a culture of high performance amongst employees” Okobi said.

“The bank’s penchant for rewarding high performance is particularly highlighted by the annual CEO Awards, one of the programmes under it’s ‘We Clap Initiative’ which is designed to support the development of a culture of excellence as well as motivate employees and teams for superior performance.

“Recently, Access Bank was named the best institution to work in Nigeria by global professional network company, LinkedIn, having assessed data across seven pillars that serve as identifiers of career progression.

“They are, the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity and spread of educational backgrounds.”

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