FirstBank Drives Capacity Development, Unveils Career Growth Models for Staff

The Management of First Bank of Nigeria Limited has unveiled new career employment models to accelerate career growth and development for staff members.  As part of the FirstBank’s efforts to continuously integrate leadership into the Bank’s culture and build a pool  of talents and next generation leaders who will be groomed to steer the ship of the Bank’s business expansion and continuous growth in Africa, the Bank has commenced an accelerated career Management programme; the FirstBank Management Associate Programme (FMAP), a 24-month fast track comprehensive developmental programme targeted at young, dynamic, self-motivated and highly driven individuals who possess the right skill set and excellent leadership potential among Junior and entry-level cadre staff. The programme will afford successful candidates the opportunity to be moved to middle management upon the successful completion of the 24 month period and become Management Associates irrespective of their grades at the point of entry. Cross country postings and secondment opportunities will be offered to such staff to provide them with global exposure and network.

In the same vein, the Bank has also kicked off the Senior Management Development Programme (SMDP); an intensive modular programme for a select group of senior to principal managers who are proven leaders in their respective functions and have been identified as central to the Bank’s succession plan. This will result in a unique learning experience that fosters the professional, intellectual and personal development of this crop of emerging leaders. At the end of the programme, top performing delegates will be exposed to various leadership developmental opportunities such as executive coaching by renowned career and life coaches, strategic and executive job shadowing and handholding by Bank executives as well as prioritization for international assignments.

The career growth model is another lever targeted at capacity building for staff, coming on the heels of the Bank’s recent promotion of over 3000 staff as reward for excellent performance in delivering to the Bank’s goals and objectives, while some others were disengaged in line with global industry best practice in enhancing performance. According to the Group Head, Marketing and Corporate Communications, FirstBank, Folake Ani-Mumuney, the Bank, as a performance driven institution, is particularly keen on developing and retaining the best talent pool in the industry. “FirstBank would continue to invest in capacity building for its employees to maintain a motivated workforce whilst building platforms where staff members can now benefit from accelerated career progression, as well as build leadership capabilities at an early stage of their career” she further stated.

FirstBank also implements the entry level graduate trainee programme where over 100 entry level graduates are regularly employed by the Bank and trained at FirstAcademy, FirstBank’s Corporate Academy which is also an affiliate of Global Association of Corporate Universities & Academics (G – ACUA), and the World Institute of Action Learning (WIAL), to support learning culture among the Bank’s staff whilst promoting competence development and knowledge management.

 

About FirstBank

First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier and most valuable banking brand, and largest financial services institution by total assets and gross earnings. With more than 12 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimized risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row – 2011, 2012, 2013, 2014, 2015, 2016 – by the globally renowned “The Banker Magazine” of the Financial Times Group; and “Most Innovative Bank in Africa” in the EMEA Finance African Banking Awards 2014. Recently, for the sixth consecutive time, the Bank clinched the “Best Retail Bank in Nigeria” award by The Asian Banker. Our brand purpose is to always put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of first choice in building your future”. Our brand promise is to always deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

Folake Ani-Mumuney

Group Head, Marketing & Corporate Communications

www.firstbanknigeria.com

cerebre
August 30th, 2017
Posted In: 2017 Press Releases

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