Home Sectors BANKING & FINANCE Sterling Bank Reiterates Need to Invest in Capacity Building

Sterling Bank Reiterates Need to Invest in Capacity Building

The Executive Director, Finance and Strategy, Sterling Bank Plc, Mr. Abubakar Suleiman, has advised banks in the country to invest more in capacity building initiatives for staff in the industry in order to enable them compete favourably both locally and internationally.

He explained that the decision of the bank was hinged on the need to have a pool of staff who are technically sound and equipped with latest development in the global market to enable them compete with their peers anywhere in the world.

Suleiman who hinged the accreditation of the bank’s training school by the Chartered Institute of Bankers of Nigeria (CIBN) to the quality of facility put in place and products from the school, maintained that financial institutions must continue to see the need to put in place staff oriented policies that would encourage staff to be more committed, dedicated and result oriented.

“At Sterling Bank we place value on our staff as they gracefully retire from the system. We have put a system in place to train those about to go on retirement on various programmes that would enable them stand on their own after retirement.” \

He stated that the bank has also instituted a part owner scheme through which shares are allocated to all staff to promote a sense of ownership and belonging.

Also, the bank has introduced a lot of the initiatives which include a cooperative society that allows members make contributions and obtain loans, a robust healthcare facility and a well-equipped crèche with modern facilities.

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