The FCMB Group Plc has announced that it recently promoted 537 staff. The financial institution explained that the promotion exercise was part of the Group’s tradition of rewarding and motivating employees for higher productivity.

According to a statement, the promotion exercise was significant because it came at a time when there were challenges in the Nigerian business environment with its attendant ripple effects on the industry.

Speaking on the promotion, the Divisional Head, Corporate Services of FCMB, Felicia Obozuwa, said the decision to elevate the staff was in line with the organisation’s best-place-to-work philosophy geared towards identifying, inspiring and rewarding excellence.

Felicia Obozuwa, Divisional Head, Corporate Services, FCMB

According to her, “It is just one of our ways of rewarding productivity, and employees who have brought huge levels of innovation, and those influential in the development of new products and solutions which provide speed and convenience to our customers.

“At FCMB, we value the contributions of our employees, and the recent promotions are aimed at motivating employees and creating new avenues for career growth within the institution.”

While commending the beneficiaries of the promotion for their contributions to the giant strides being recorded by FCMB, she reiterated the commitment of the institution to build a brand that would enhance the career and welfare of employees.

Recently, FCMB Group acquired Legacy Pension Managers Limited by increasing its initial 22 per cent stake to 88.2 per cent in the company, which was one of the leading pension fund administrators in Nigeria.

The development, which made FCMB Group the largest shareholder in Legacy Pension Managers, was another major milestone in the Group’s strategic vision to build a truly diversified financial services Group of African origin