FCMB Promotes 537 Staff, Restates Commitment to Career and Welfare Development

FCMB Group Plc and its commercial and retail banking subsidiary, First City Monument Bank (FCMB) Limited, have promoted 537 staff. The promotion is part of the Group’s tradition of rewarding and motivating employees for higher productivity.


FCMB Group and its subsidiaries are well-known for maintaining high standards of professionalism and excellence, where exceptional performance, innovation and hard work are recognised and rewarded. The promotion exercise is significant because it is coming at a time of 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 537 staff is in line with the organisation’s best-place-to-work philosophy geared towards identifying, inspiring and rewarding excellence.


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.


FCMB Group Plc is one of the leading financial services institutions in Nigeria, with three wholly-owned subsidiaries that are market leaders in their respective segments. The subsidiaries are First City Monument Bank Limited (and its two subsidiaries, Credit Direct Limited and FCMB (UK) Limited), FCMB Capital Markets Limited and CSL Stockbrokers Limited (as well as its subsidiaries, First City Asset Management Limited and CSL Trustees Limited). At the centre of its businesses lies a talented work-force that drives a comprehensive bouquet of financial services


Recently, FCMB Group acquired Legacy Pension Managers Limited by increasing its initial 22% stake to 88.2% in the company, which is one of the leading pension fund administrators in Nigeria. The development, which makes FCMB Group the largest shareholder in Legacy Pension Managers, is another major milestone in the Group’s strategic vision to build a truly diversified financial services Group of African origin