More than six thousand executives have been asked to resign from the banking industry in the last three months and it appears as if there is no end to this matter as fresh one thousand people were advised to resign from Bank PHB. There are two ways to interpret this scenario (no matter the side of the divide you fall); either you blame the CBN governor, the erstwhile bank CEOs and/or the present management team or you simply blame yourself. The latter is one of the hardest things to do but it is actually the pathway to self growth and true freedom. Rewind to pre-Sanusi era where bank executives were literarily jumping from one bank to the other for promotions and increase emoluments, I doubt it would cross the minds of these executives that the axe would fall in their industry soon.

Keep reading →

These are definitely two words that scare the living day light out of almost every executive although endearing words have been cooked up to replace them « from downsizing to laying off. The effect is the same; the fact that some group of people that wanted you suddenly found you repulsive for whatever reason (I don't think the victims care). Last year December alone, more than 5, 000 bank executives were relieved of their jobs and if the bank drama continues, more bank executives would feel the impact of the axe.

Keep reading →