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Prudent Bank Invests in Human Capital In a bid to enhance its excellent service delivery and empower its human resources, the Management and Board of Prudent Bank Plc has decided to set aside 10 percent of its annual Profit Before Taxation (PBT) to be dedicated towards the training of its staff. A statement from the bank said that the job of banking, which affects virtually every other facet of human activities, requires the engagement of well-trained, as well as well-groomed professionals, for the industry to make a meaningful and appreciable impact on the banking public. As a result, the bank has made quality decision, from the start, to invest heavily in its human capital, as a way to meeting and exceeding the expectations of its diverse customers, by ensuring that its workforce receive quality training as a parameter for achieving success in the practice of the profession to which they have been called. The bank has over the years called for quality training of bank staff as the only way players in the Nigerian banking industry can convince both the investing and banking public that they are ready and well qualified to provide solutions to their banking and business needs, noting that this is hinged on the conviction that emerging trends in the banking industry have shown that the overall success of any banking institution will be determined by the quality of investment in its workforce. This huge investment, the Managing Director/CEO, Mr Akinsola Akinfemiwa often points out ,has catapulted the bank to great heights in the financial sector, while the improved personnel performance has also resulted in improved financial performance, evidenced by an impressive growth in balance sheet size up to N25.99 billion as at March 2004 as against N669.4 million recorded in 1999, representing approximately 3,024 per cent growth within a period of four years. This is because the bank's results improved excellently after it underwent a period of re engineering process in 1999, which has produced an attendant record growth for the bank.This is why bank has since maintained a record as the fastest average growth rate in balance sheet size in the industry in the last four years. Who Are We ? | About THISDAYOnLine.com | THISDAY People | Contact Us © Copyright 2000 Leaders & Company Limited

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