Business Hilights
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Skye Bank flouts Bankers’ Committee resolution, sacks 50 more staff

Barely four months after it disengaged about 200 staff, and one month after Bankers’ Committee has passed a resolution that no bank will sack workers again, Skye Bank Plc retrenched about 50 members of staff.

Those affected include outsourced and auxiliary workers who were not able to hit their target account deposit value.

As at press time, efforts being made to get the real number of non-core employees failed, but one of the disengaged outsourced worker told Business Hilights that many of them were sacked before we cannot trap new customers who can deposit a certain limit, a target set by the bank for them to be signed on.

It would be recalled both the Central Bank of Nigeria (CBN) and the organized labour bodies had kicked against such labour practice before now.

Mr. Nduneche Ezurike, head, Corporate and Brand Communication, Skye Bank, 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.

It would be recalled that the apex bank had on July 4, this year, 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.

They were replaced by Alhaji Muhammad Ahmad as the new chairman, while Mr. Adetokunbo Abiru was also named as the new managing director.

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”.