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Ecobank restates focus on top three position


Managing Director of Ecobank, Charles Kie, who made the disclosures in Lagos, noted that with this strategy, the bank hopes to increase its customer base in Nigeria to more than 40 million in the next five years.

The Managing Director, Ecobank Nigeria, Charles Kie, has reiterated that the transformation agenda of the bank, which is to become one of top three banks in Nigeria within the next few years, is on course.

Kie, who made the remark, said the bank is now investing in human capital to remain profitable, competitive and achieve its goal, as well as enhancing its capital, technology, driving innovation and building a strong culture.

Speaking at the flag off of one year training programme for fresh graduates as part of Ecobank’s Graduate and Development Programme in Lagos, last week, the banker, accompanied by other management staff, visited the training school.

The bank’s training school currently has 60 graduates, representing the first batch of 400 graduates to be employed and trained by the lender this year.He reiterated that the graduate trainee initiative is part of Ecobank’s future growth plan, which is part of a transformation agenda to make Ecobank the most preferred financial institution in the country.

Kie who took the trainees through six key success factors, listed capital as the first thing any bank must have, noting that “those empowered to oversee the capital have to be well trained and knowledgeable so that they can ensure that funds are effectively deployed.He also explained the important role of technology, adding that without it, there is no way to run a bank, while harping on proper control, as a requisite to ensure that all the sales, revenue and profit do not disappear.

The bank chief said the need for talent- the brightest, the best skills and the most knowledgeable, is why the bank had spent so much time to make sure its employees get properly equipped.The Head, Human Resources, Ecobank Nigeria, Yves Mayilamene, described the graduate trainee programme by the bank as an investment in the future generations of Ecobankers.

“This is an investment on the future generation of Ecobank staff who are going to take this bank to its best and among the best banks, not only in Nigeria but in Africa. We are using Nigeria as a platform to craft dedicated, good and quality people as members of our staff,” he said.

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