Jobs/Appointments
Heritage Bank Promotes 350 Workers after Performance Appraisal
By Modupe Gbadeyanka
No fewer than 350 members of staff of Heritage Bank Plc have been elevated in line with the lender’s commitment geared towards greater efficiency and resource optimization.
A statement issued by the financial institution explained that the promotion was part of its growth and industry innovative agenda designed to strengthen its business across all markets where it operates.
Heritage Bank explained in the statement made available to Business Post on Monday that the promotion was commended by human resources analysts and greeted with joy and enthusiasm by the workforce of the bank was selected after the completion of appraisal system that identified high performers in the bank amongst other criteria.
Chief executive of the bank, Mr Ifie Sekibo, who commended the staff for their efforts, charged them to tenaciously hold to the bank’s core values in their timeless wealth journey and endless quest of delivering excellent services to both internal and external customers of the bank.
“I commend your well-deserved promotion. I also wish to especially thank those colleagues who have not made it on this year’s list.
“I urge you to keep up the good work and contribution, as the organisation recognised your efforts. We promise to continue to reward and recognise your contributions in due time and to use all opportunities to demonstrate this,” Mr Sekibo was quoted as saying in the statement.
Mr Sekibo, however, said the announcement was especially heartening in the face of the rough times occasioned by the downward trend in the economy, hence the move was part of the bank’s strategic plan to keep a vibrant workforce that will enable the bank achieve its vision of being the Nigerian most innovative banking of choice in service delivery, superior returns to its various stakeholders and as well contribute to the growth of the nation’s economy.
With its legacy of innovation, Heritage Bank remains the pioneer bank in Nigeria to use computers for banking services, and had pioneered its flagship Cash Point 24/7 ATM services in Nigeria in 1990.
Heritage Bank was also first to issue a transparent MasterCard debit card in Sub-Saharan Africa and pioneered the mPOS in response to the CBN Cash-less initiative.
Heritage Bank underscored its status as one of the leaders in innovation in the banking sector with the introduction of an advanced intelligent digital experience known as Octopus. This intelligential digital power experience is targeted at improving the over 20 million small business and to meet the demands of an ever-growing active population of Nigeria with simple to use tweaks in making banking experience much more flexible and fun.
Meanwhile, the bank has deliberately focused on the tourism and SME segment in a bid to create a fresh set of vibrant entrepreneurs that will create jobs and distribute wealth in the Nigerian economy because of recent statistics which indicate high unemployment among the youths that make up a large percentage of the population.
One of its initiatives within the MSME sector is its partnership with the Central Bank of Nigeria (CBN) and the National Youth Service Corps (NYSC), under the N3 billion CBN Youth Innovative Entrepreneurship Development Programme (YIEDP), which is targeted at youth, particularly current youth corps members and corps member post five years of service.
The bank has also launched a N500 million Young Entrepreneurs and Students (YES) Grant in Lagos. The initiative, which is in partnership with the Nigerian Youth Professional Forum (NYPF), will, according to the bank, support students and young entrepreneurs toward socio-economic freedom.
Also, in furtherance of its commitment to creating jobs and wealth, Heritage Bank in partnership with the Center for Value Leadership (CVL) developed various impact-driven programmes to empower the youths and women particularly in the under-developed communities in Lagos State and one of these is the Young Entrepreneurship Business Training Programme (YEBTP).
By Aduragbemi Omiyale
Nigerian Breweries Plc has announced the appointment of Mr Thibaut Boidin as its new chief executive, replacing Mr Hans Essaadi, who resigns from the position from June 30, 2025.
The brewer confirmed this development in a statement submitted to the Nigerian Exchange (NGX) Limited on Thursday.
It was disclosed that Mr Essaadi is leaving the seat to take up another role in Poland as the head of Heineken in the European nation.
He drafted to head Nigerian Breweries on July 31, 2021, and his tenure has been marked by significant milestones, including delivering a net revenue of over N1 trillion amidst one of the most challenging economic landscapes in Nigeria in recent history.
His clarity and resilience steered the company through foreign exchange constraints, high inflation, and liquidity pressures, while keeping the organisation fundamentals firmly on track.
He oversaw the firm’s recent business recovery plan which included the raising of N550 billion via a rights issue, the biggest equity raising effort in the Nigerian capital market, and has helped to put the company back on the path of profitability.
His successor will be expected to build on these legacies, particularly because of his experience in the field.
He is currently the Managing Director of Heineken Romania, one of Heineken’s largest operations in Eastern Europe.
He joined the organisation in 2017 as Deputy CEO of France Boissons and added to his scope in 2020 the role of Heineken France Chief Transformation Officer. He was also the Chief
Transformation Officer of Heineken Europe based in Amsterdam before his current role in Romania.
Prior to joining Heineken, Mr Boidin had served as an Officer in the French Armed Forces across different continents before transitioning to the corporate world where he held senior/executive and Managing Director positions in French organisations, including Elis and Veolia.
By Dipo Olowookere
Ms Idu Okwuosa-Okeahialam has been appointed as the new Managing Director of Royal Exchange Plc after successfully undergoing the necessary process prior to her appointment.
Her appointment was approved by the board of the company, a statement from the organisation to the Nigerian Exchange (NGX) Limited disclosed.
It was stated that Ms Okwuosa-Okeahialam will assume the new position from Wednesday, May 21, 2025. She is expected to support the company’s continued growth and success.
Royal Exchange expressed confidence that the new leader of the management team is armed with the requisite skills and experience to make a meaningful contribution to the board.
She is expected to provide strategic leadership while exploring new opportunities for the business.
Ms Okwuosa-Okeahialam is a finance professional with over 15 years’ core experience spanning across various industries including oil & gas; banking; and financial services.
She is experienced in funds management, compliance and risk administration, sales, client relationship management and customer experience.
By Modupe Gbadeyanka
Mr Abdallah Simba has been chosen to lead the operations of Japan Tobacco International (JTI) in Nigeria effective Thursday, May 1, 2025, succeeding Mr Thomas Adams, who has led the Nigerian business successfully over the past four years.
The new General Manager of the organisation in Nigeria recently served as the Country Manager for Slovakia, where he successfully led profitable multicategory growth and operational strengthening, positioning the business for long-term sustainability.
A statement from the tobacco firm said Mr Simba’s appointment underscores its commitment and ambition to deepen its footprint in the Nigerian market.
“I am delighted to lead JTI Nigeria at this time. Nigeria is an important market with tremendous potential, and I look forward to working with the amazing team here to continue to grow our business in a sustainable manner,” Mr Simba said of his new role.
Mr Simba brings nearly two decades of commercial and strategic leadership experience to the role, having held key positions across multiple markets and at JTI’s global headquarters in Geneva, Switzerland.
He joined JTI in Tanzania in 2005 in Marketing before taking on an international assignment in Ireland in 2009. He later transitioned into broader commercial roles, leading various Sales and Trade Marketing capabilities with increasing responsibility.
In 2013, Mr Simba moved to JTI’s global headquarters in Geneva, where he progressed into senior roles within the Global Commercial Strategy function.
In these roles, he led the optimization of business models, guided market strategies, and up-skilled commercial teams across a wide range of markets.
The new General Manager for Nigeria holds a Bachelor of Science degree from Southern New Hampshire University in International Business.
-
Feature/OPED5 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN