In
what seemed like a rumor earlier on, Skybank has once again disengaged about
50 workers of their workforce including those in outsourced and auxiliary
functions, after previously disengaging about 200 of its workers four months
ago.
Although
the number of the affected non-core employees could not be ascertained since
they were not direct workers of the bank, it was gathered that the reasons for
their exit ranged from non-performance, disciplinary issues as well as
rightsizing by the lender.
According to Punch, most of the affected personnel were in outsourced
functions like tellers, drivers and internal security guards.
Confirming
the development, the Head, Corporate and Brand Communication, Skye Bank,
Mr. Nduneche Ezurike, confirmed the exit of the affected workers, adding that
the management of the bank approved the payment of generous entitlements and
severance packages to them as contained in their engagement letters and as
agreed with the workers’ union.
Recall
that the Central Bank of Nigeria had on July 4 sacked the Chairman, Skye Bank,
Mr. Olatunde Ayeni; Managing Director, Timothy Oguntayo; Deputy Managing
Director, Mrs. Amaka Onwughalu; non-executive directors, Mr. Victor Odozi, Mr.
Babajide Agbabiaka, Dr. Jason Fadeyi, Mr. Kunle Aluko, Mr. Victor Adenigbagbe,
Mr. Abdul Bello and Hajiya Amunna Lawan Ali; and the two longest-serving
Executive Directors, Mr. Dotun Adeniyi and Mrs. Ibiye Ekong.
In
their place, the CBN announced Alhaji Muhammad Ahmad as the new chairman, while
Mr. Adetokunbo Abiru was also named as the new managing director.
Other
members of the reconstituted board are Bayo Sanni, Idris Yakubu, Markie Idowu
and Abimbola Izu, all of who had been serving as executive directors of the
lender before now.
The
CBN Governor, Mr. Godwin Emefiele, had explained that the “proactive moves have
become unavoidable in view of the persistent failure of Skye Bank to meet
minimum thresholds in critical prudential and adequacy ratios, which has
culminated in the bank’s permanent presence at the CBN lending window”.
The
bank’s reconstituted Board was mandated to run a lean and efficient
organisation; control costs; aggressively recover debts owed it; grow deposits;
and shore up its liquidity position.
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