Jobs/Appointments
Stanbic IBTC Honours Employees at Special Event
Stanbic IBTC Holdings PLC, a member of Standard Bank Group has held the 2019 edition of the company’s Long Service Awards. The annual event is an avenue for the organisation to recognise and reward staff who have put in significant years of service to Stanbic IBTC.
Delivering his welcome remarks, Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC, described the event as being in line with the bank’s tradition of honouring employees who have distinguished themselves through hard work, dedication and commitment to Stanbic IBTC Holdings PLC.
“Ladies and gentlemen, you will agree with me that recognition is not just about instituting an award system. It is also about how the awards are executed.
“With the array of distinguished achievers at this occasion, I believe that today will be etched in the history of every awardee and their family members present as a memorable day indeed in recognition of their long-term commitment and excellent contribution to the growth and development of Stanbic IBTC.
“This year is fundamental for Stanbic IBTC as it marks a significant 30-year milestone since the Group commenced its journey and we are celebrating 170 of our loyal and dedicated staff who have contributed to this significant milestone,” he said.
He further commended the awardees for keeping faith with the organisation despite the highly competitive and challenging business environment.
He added: “Your loyalty, dedication and continued efforts have contributed to helping us overcome challenges, convert opportunities and unite to deliver profitable outcomes. Now is the time to return that loyalty.
“As our most valued asset, we cannot thank you enough for your continued support. As I look forward to working together with you for many years to come, I urge you to continue in your strides to keep moving the group forward.
“As you all know, we never stop moving forward. Continue making significant contributions to make us reach our ambitious goals and even surpass them. Keep being loyal, dedicated and committed to excellence. Our future is looking bright, our opportunities are significant and it is up to us how good we want the future to be.”
In her address, Mrs Funke Amobi, Country Head, Human Capital, Stanbic IBTC, described the Long Service Awards as a key employee engagement event for the organisation. She further encouraged the awardees to continue espousing the Stanbic IBTC Group’s values of integrity, dedication, commitment and hard work.
She said: “I urge you to continue to be role models, beacons of performance and continuously uphold the values of this institution. I urge you to continue contributing to our success and sustainability both within and outside the country.
“We look forward to celebrating you again and again with your milestone achievements. We deeply appreciate all your years of service and we look forward to celebrating your bigger achievements across the Stanbic IBTC group and indeed Standard Bank Group. Thank you very much for your commitment and dedication. Thank you for sustaining this business as well as for your continued loyalty and commitment to Stanbic IBTC.”
The Stanbic IBTC Long Service Awards recognised employees who had put in various years of service ranging from 10 years to 30 years. Bamidele Abiodun Oresegun, Head, IT Governance, Risk and Compliance and Eugene Kossi Sekpo, Support Clerk, Clerk Legal Operations were recipients of the 30 Year Long Service Awards, having both joined the organisation in 1989. Eight employees, including Chidike Okechukwu Okezie, Company Secretary, Stanbic IBTC were award recipients in the 20-year Long Service category.
While 31 employees were specially recognised for putting in 15 years, 129 staff members of were commended for putting in 10 years of service. Amongst the employees recognised for 10 years of service in Stanbic IBTC were Mr. Wole Adeniyi, Deputy Chief Executive, Stanbic IBTC Bank PLC and Charles Omoera, Chief Executive, Stanbic IBTC Trustees Ltd.
Speaking on behalf of the awardees, Chidi Okezie, Company Secretary, said: “It has truly been a very delightful evening and one that the awardees will not forget in a while. We have been truly touched by the number of people that came to honour us. We are deeply touched by what has happened this evening. We are truly thankful for this.”
Jobs/Appointments
Court Sanctions CHI Limited for Wrongful Employment Termination
By Modupe Gbadeyanka
The termination of the employment of one Mr Bodunrin Akinsuroju by CHI Limited has been declared as unlawful by the National Industrial Court of Nigeria.
Delivering judgment on the matter, Justice Sanda Yelwa of the Lagos Judicial Division of the court held that the sacking of Mr Akinsuroju did not comply strictly with the provisions of the contract of employment and the Employee Handbook.
Consequently, the company was directed to pay him the sum of N2 million as general damages for wrongful termination and N200,000 as costs of action, while Mr Akinsuroju was ordered to return the company’s properties in his possession or pay their assessed market value.
Justice Yelwa found that the contract agreement between both parties clearly required either party to give 30 days’ notice or payment in lieu of notice after confirmation of appointment, and there was no evidence that the employee was given the required notice or paid salary in lieu of notice.
The judge held that failure to comply with this fundamental term amounted to a breach of the contract of employment, thereby rendering the termination wrongful.
Mr Akinsuroju had claimed that the allegation of misconduct against him was unfounded and not established, maintaining that the disciplinary committee proceedings were prejudicial and that the termination of his employment was without justifiable cause and without compliance with the agreed terms of his employment.
In defence, CHI Limited contended that it had the right to terminate the employment of Mr Akinsuroju and that the termination was lawful and in accordance with the contract of employment and the Code of Conduct.
In opposition, counsel to Mr Akinsuroju submitted that the alleged breaches were not proved and that the termination letter took immediate effect without the requisite 30 days’ notice or payment in lieu of notice as stipulated in the letter of appointment and the Employee Handbook, urging the court to hold that the termination was wrongful and to grant the reliefs sought.
Jobs/Appointments
Tinubu Appoints Tunji Disu as Acting Inspector General of Police
By Modupe Gbadeyanka
President Bola Tinubu on Tuesday appointed Mr Tunji Disu as the acting Inspector General of Police (IGP), following the resignation of Mr Kayode Egbetokun.
Mr Disu, an Assistant Inspector General of Police (AIG), was recently moved to the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos.
A statement today by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that the President would convene a meeting of the Nigeria Police Council shortly to formally consider the appointment of Mr Disu as substantive IGP, after which his name will be transmitted to the Senate for confirmation.
Mr Tinubu expressed confidence that Mr Disu’s experience, operational depth, and demonstrated leadership capacity would provide steady and focused direction for the Nigeria Police Force during this critical period.
He reiterated his administration’s unwavering commitment to enhancing national security, strengthening institutional capacity, and ensuring that the Nigeria Police Force remains professional, accountable, and fully equipped to discharge its constitutional responsibilities.
Mr Egbetokun was said to have resigned from the position due to pressing family considerations.
President Tinubu, who accepted the resignation letter, expressed his profound appreciation for Mr Egbetokun’s decades of distinguished service to the Nigeria Police Force and the nation. He acknowledged his dedication, professionalism, and steadfast commitment to strengthening internal security architecture during his tenure.
Appointed in June 2023, Mr Egbetokun was serving a four-year term scheduled to conclude in June 2027, in line with the amended provisions of the Police Act.
The statement disclosed that his replacement was in view of the current security challenges confronting the nation, and acting in accordance with extant laws and legal guidance.
Jobs/Appointments
Tunji Disu to Become New IGP as Egbetokun Quits
By Adedapo Adesanya
Mr Tunji Disu, an Assistant Inspector General of Police (AIG), has reportedly replaced Mr Kayode Egbetokun as the new Inspector General of Police (IGP).
Mr Egbetokun resigned from the position on Tuesday after he was said to have held a meeting with President Bola Tinubu on Monday night at the Presidential Villa in Abuja.
President Tinubu appointed Mr Egebtokun as the 22nd IGP on June 19, 2023, with his appointment confirmed by the Nigeria Police Council on October 31, 2023.
Appointed as IGP at the age of 58, Mr Egbetokun was due for retirement on September 4, 2024, upon reaching the mandatory age of 60, but his tenure was extended by the President, creating controversies, which trailed him until his exit from the force today.
Although the police authorities are yet to comment on the matter or issue an official statement about his resignation, the move came amid reports suggesting that Mr Egbetokun has left the position.
Mr Egbetokun’s tenure was marred by a series of controversies; he recently initiated multiple charges against activist Mr Omoyele Sowore and his publication, SaharaReporters, after Mr Sowore publicly described him as an “illegal IGP.”
The dispute escalated into protracted legal battles, with the Federal High Court issuing injunctions restricting further publications relating to the former police chief and members of his family. Critics interpreted these court actions as attempts to stifle dissent and weaken press freedom.
His replacement, Mr Disu, was posted to oversee the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos, some days ago.
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