Monday, January 31, 2011

FCMB Sack 200 Staff, Shut Down Branches

About 200 staff of the Otunba Subomi Balogun-led FCMB Bank were recently sacked on resumption of their official leave. Some branches of the bank were also shut down.

The spokes person for the Bank, Mr Kenny Aliu, confirmed and explained the reason for the development, saying that the figure represented less than eight percent of the entire work force of the bank and that the sack and the closure of some of the bank’s branches were part of an ongoing process of strategic growth of the bank.

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