Sterling Bank Plc
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.

Suleiman, who gave the advice at an interactive session where he shared the bank’s various capacity building initiatives, 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.

The Sterling Bank director, 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.

Apart from providing a robust training programme and the competitive remuneration for its employees, Suleiman disclosed that the bank had also introduced an initiative that would provide an alternative career path and help them when they eventually leave the banking sector.

“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,” a statement quoted him to have said.

As a financial institution committed to career growth, staff fulfilment and accomplishments, Suleiman 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.

The bank, he said further, 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.

Corroborating Mr. Suleiman’s position, the bank’s Group Head, Human Resources Management, Mr. Olabisi Ogunwoye assured that Sterling Bank will continue to invest in staff training and development adding that every staff of the Bank is trained yearly.