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Former GTBank MD Joins Stanbic IBTC Bank Board

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Wale Oyedeji GTBank MD UK

By Dipo Olowookere

An alumnus of the Advanced Management Program of Harvard Business School, Mr Wale Oyedeji, has been appointed to the board of Stanbic IBTC Bank Plc.

Mr Oyedeji is joining the board of the financial institution as an independent non-executive director following the receipt of all required regulatory approvals.

A statement from the lender disclosed that the appointment of the Bachelor of Science degree holder in Agricultural Economics from the University of Ibadan is with effect from Tuesday, September 8, 2020.

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He served as Managing Director of Guaranty Trust Bank (GTBank) UK between 2008 and 2011 and was appointed to the board of GTBank in October 2011, where he served as executive director for the corporate bank group and contributed immensely to the growth of their business until his retirement in August 2018. Prior to joining GTBank in 1994, he worked with Ernst & Young, Lagos, for two years.

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The chief executive of Stanbic IBTC Bank, Mr Wole Adeniyi, while expressing the excitement of having the experienced banker to the board of the financial institution.

“The board is pleased to welcome Mr Wale Oyedeji to the board of the bank and will undoubtedly benefit immensely from his wealth of experience,” the bank chief said.

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Mr Oyedeji, who has a Master of Science degree in Financial Economics from the University of London, is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an associate of the Chartered Institute of Taxation.

He is armed with over 25 years of banking experience across corporate banking, treasury, and commercial banking.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Jobs/Appointments

Gebeya Targets Chunk of $1.5trn Freelancer Economy Industry

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Gebeya Amadou Daffe Becky Tsadik

By Aduragbemi Omiyale

Though the global freelancer economy industry is estimated to worth $1.5 trillion, Africa only controls 1.4 per cent and according to data, North America accounts for over half of the total freelancers in the world, about 78 million, with $486 million going to tech freelancers.

But this is about to change as a pan-African source for freelance professional talent, Gebeya, is target a fair chunk of the pie.

In 2020, the company raised a $2 million seed investment co-led by Partech and Orange Ventures and followed by Consonance Investment Managers, to set up the machine for scale, fully automated and digitized.

On Monday, June 14, 2021, the firm announced the launch of its revamped marketplace, the first of its kind in terms of reach in Africa. Prior to investment, Gebeya operated mostly a manual non-scalable marketplace model.

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As experts project, freelancers will constitute 80 per cent of the workforce by 2030 andGebeya’s vision is to unlock the power of the skilled workforce on the continent and increase the number of innovative startups leading the helm of digital transformation.

The Gebeya Marketplace boasts of an intelligent matching algorithm that considers location, language, and budget, an automated matching for a seamless experience on a single dashboard and the ability to create a profile and request talent at no cost.

Also, the platform has an option to hire individual talent with specialized skills or build a core team, a dedicated Account Representative, a smooth handling of administrative and finance processes, and an access to a diverse pool, ready to work remotely.

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Visitors to the Gebeya Marketplace are matched with freelancers from a carefully curated pool, trusted by multinational telecommunications companies like Orange, as well as e-commerce startups such as Limestart, and logistics startup Paps.

“It’s time for businesses to leverage the sharp skills and fresh perspective that freelancers infuse into a permanent workforce,” said Amadou Daffe, CEO and Co-founder of Gebeya.

“Africa doesn’t have a talent deficiency, it has a matching problem and that is what Gebeya is seeking to address through the deployment of a true Pan-African freelance marketplace,” he added.

“Freelancers are part of a smart, agile hiring strategy. We plan to expand our pool of skilled freelance talent to 15,000 within the next 3 years,” noted Amadou.

Since its inception, Gebeya has played an integral role in aggressively moving the needle forward, bringing Africa’s competitiveness to the forefront of the global digital and technical landscape. New features on the platform will connect businesses with talent in minutes.

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Demand for African talent on the Gebeya platform is Pan-African, from East to West Africa – and reaches as far as the EU and the US, as its quality and calibre is comparable to freelancers in those markets. Clients are only matched with talents who have successfully passed vetting, testing, and an interview. Freelance talents possess experience in exploding sectors like fintech, healtech, agritech, and logistics & supply chains, meaning individual entrepreneurs, startups, and large enterprises alike will benefit.

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Nigerian Oil Workers Threaten to Shut Down Chevron

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Shut Down Chevron

By Adedapo Adesanya

Some oil workers under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have threatened to disrupt oil field operations of Chevron Nigeria Limited.

The Nigerian oil workers, through its joint executive union, NUPENGASSAN, threatened this action following the refusal of the company to meet its 14-day ultimatum issued to address their demands.

In a letter addressed to the Managing Director and Chief Executive of Chevron Nigeria Limited, the aggrieved employees alleged the energy firm of inhumane treatment of three of their members.

“The inhuman treatment meted out to the affected Nigerian workers is antithetical to all applicable laws of the federal government of Nigeria as well as other international laws that guide employment and the protection of the rights of workers.

“As a union, we are greatly disturbed by your disregard for due process the termination of the Nigerian workers,” a part of the letter read.

The union also raised dust over what it described as the unlawful disengagement of Bukola Sola Adebawo, James Ukachukwu and John Ayeni.

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The group noted that the firing of the three workers attached to IESL, Candid Oil and Expameadow was influenced by Chevron, which it claimed adopted new labour policies that were detrimental to contract labour workers and in contravention of labour laws, as well as in disregard of the intervention of the Federal Ministry of Labour and Employment.

And as a result, the Joint Executive Committee of NUPENGASSAN in Chevron issued a 14-day notice, demanding that the termination of the Nigerian workers be rescinded, warning that it would take all steps deemed necessary to protect the rights of the Nigerian workers.

But after the 14 days’ notice expired, Chevron and the contract companies refused to meet the demands of the union.

The group said the 10 major issues raised in their letter dated January 21, 2021, have remained unresolved despite several meetings and the intervention of the Federal Ministry of Labour and Employment.

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“Our findings revealed that the management has tactfully perfected the plans to casualize the contracts, moving present IEME maintenance labour contract personnel to a service contract on reduced pay which will be determined by the new service contractors.

“All personnel on the IEME maintenance labour contract will be forced to go home, and the new companies will provide new employees for the service contracts,” the unions said, adding that the company was also determined to short-change staff who were compelled to work from home in the payment of compensation for ergonomic tools.

“CNL through her labour contract companies has directed labour contract personnel working from home to provide receipts for ergonomic chairs and tables for them to compensate with N70,000.

“The ergonomic chair costs $1,250 in the market; therefore, we are demanding unconditionally N150,000 flat payments to all affected labour contract personnel working from home as compensation for ergonomic tools required to work safely at home,” the oil workers’ group said.

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The union said that what it found most troubling was the surreptitious move to casualise the labour force, adding that – “it has come to the notice of NUPENGASSAN JEC that management plans to change all the manpower contract (Labour Contracts) to service contracts as it is presently happening to – IEME, Xepameado, and Ykish contracts. The contractors that supply manpower to Chevron are being categorized as service contract while the jobs remain as labour jobs.”

“The plan to change all jobs to casual jobs is against the FML&E guidelines. It is only a contractor that supplies manpower and tools to the organization that can be categorized as a service contract! The JEC is demanding that all manpower contracts should be changed to a labour contract with immediate effect.”

In its latest letter, the union threatened to shut down Chevron oilfield operations without further notice if the company fails to take necessary steps.

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Buhari Appoints Ilelah as NBC Director-General

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Balarabe Shehu Ilelah

By Aduragbemi Omiyale

A veteran broadcaster, Mr Balarabe Shehu Ilelah, has been appointed as the substantive Director-General of the National Broadcasting Commission (NBC).

Mr Ilelah was selected for the job by President Muhammadu Buhari, a statement issued on Friday by Mr Segun Adeyemi, the media aide to the Minister of Information and Culture, Mr Lai Mohammed.

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It was disclosed in the statement that the appointment of the new head of the broadcasting industry regulatory agency is for five years in the first instance.

“President Muhammadu Buhari has appointed Mr Balarabe Shehu Ilelah, a veteran broadcaster, as the Director-General of the National Broadcasting Commission (NBC).

“The Minister of Information and Culture, [Mr] Lai Mohammed, announced the appointment in a statement issued in Abuja on Friday.

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“He said Mr Ilelah’s appointment is for a tenure of five years in the first instance,” the statement said.

Mr Ilelah is replacing Mr Armstrong Idachaba, who has occupied the position in an acting capacity for a while.

Mr Idachaba was recently in the eye of the storm when he directed all broadcast stations in the country to deactivate their Twitter accounts following the suspension of the social platform in the country by the federal government.

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