Unity Bank Sacks 170 workers

Unity Bank Plc on Wednesday announced the disengagement of over 170 workers, stating that the move was part of efforts aimed at repositioning it for effective service delivery.

The bank, in a statement issued in Abuja, also stated that it had recruited over 300 new members of staff, mostly at the entry level.

The exercise, it explained, was in a bid to “right size” its workforce and position it for sustainable quality banking services across the entire branch network.

The statement read in part, “Unity Bank Plc has announced the disengagement of over 170 members of staff and has also recruited over 300 new ones, mostly at entry level and experienced hires. 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 is one of the key areas identified as part of the objectives that the bank’s just concluded capital raising exercise would address.”

The statement also quoted the Executive Director, Secretariat and Services, Unity Bank, Mrs. Aisha Abraham, 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 members of staff at all times.”

The quest to achieve this, she stated, led the bank to carry out structural and personnel realignments with decision making and service delivery processes running along the strategic business units.

This, Abraham stated, would lead to specialisation, better understanding of the market and responsibility accounting.