Following the industrial action that disrupted its operations in some of its branches nationwide last week, Diamond Bank Plc has announced that it recently concluded its annual performance review exercise where it promoted 677 members of its workforce and sacked 61.
A statement from the bank said the performance review exercise was in line with global best practices where institutions periodically review their human resource talent as a means of driving their corporate growth agenda.
According to the Head, Corporate Communications, Diamond Bank Plc, Mrs. Ayona Trimnell, the recent performance review was for the bank to continuously recognise and reward members of staff that had excelled.
“We believe that the bank’s performance is linked to the quality of the staff it retains. As such, in the last few days, 677staff members who have excelled have been promoted, while 61 members of staff, who have consistently performed poorly over the last three years, have been disengaged,” she explained.
The statement also indicated that the performance review exercise was hinged on the bank’s enterprise assessment framework called the balanced score card. The framework spells out carefully itemised parameters with which members of staff are measured and these parameters are communicated to all staff at the beginning of each financial year.
“The bank boasts of a robust personnel engagement strategy that helps it to continually attract and retain the best talent in the industry. This is in fulfillment of its corporate vision of becoming a leading financial institution, with the best people, providing unequalled customer experience and delivering superior shareholder value,” she added.
