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Access Bank Lifts 800 Staff Transits To Holdco Structure

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Access Bank Plc has announced the promotion of 800 employees following a transparent and robust performance management review just as it has also announced a new holding company, (Holdco) structure.

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

The statement said that the beneficiaries of this wholescale performance review exercise spanned the bankā€™s senior, middle, and junior management levels.

It said that their promotion came as the financial giant shores up its transition to a Holding Company (Holdco) effective May 1, 2022.

The statement said the employees immeasurable efforts and sacrifices saw the bankā€™s consistent growth over the years.

The statement assured employees of managementā€™s continuous efforts to put employees in best position to grow and be successful in todayā€™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.

ā€œThe bank has consistently provided adequate resources to deepen core job skills while entrenching a culture of high performance amongst employees.

ā€œThe bankā€™s penchant for rewarding high performance is particularly highlighted by the annual CEO Awards, one of the programmes under itā€™s ā€˜We Clap Initiativeā€™ which is designed to support the development of a culture of excellence as well as motivate employees and teams for superior performance.

ā€œRecently, 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.

ā€œThey are, the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity and spread of educational backgrounds,ā€ the statement on the promotions and the transition of Access Bank into a holdco deposed.

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