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Oceanic Upgrades 730 Staff, Rewards Outstanding Workers

Oceanic
Bank International plc has upgraded 730 staff across various grades in
keeping with its policy on staff motivation and reward.

A breakdown of the figure shows that while 338 staff were upgraded upon
confirmation, 392 others had their appointments confirmed after meeting
the bank’s performance parameters. The Bank’s management said it
remains committed to bolstering staff performance through sundry reward
schemes and training opportunities that will be extended to all
categories of staff. “Our workforce rank among the best in the industry
and we are happy to acknowledge and celebrate their expertise and
dedication to the cause of making Oceanic a leading brand which offers
top-of-the-range banking services.”

Describing the Bank’s workforce as the “bedrock of the Oceanic recovery plan”, the
bank’s management said its workers’ resourcefulness and resilience have
been instrumental to stabilizing the bank and repositioning it for
superior performance and profitability. “We have implicit faith in the
professional abilities of our staff and have mapped out continuing
capacity building programmes that will make them even more motivated to
always delight our customers.”

John Aboh, Managing director/Chief Executive Officer, Oceanic Bank
International plc, said there are plans to formally recognize and
reward outstanding members of staff in the Bank’s upcoming Special
Thanks and Recognition Scheme (STARS) event. “Our over-riding desire is
to inspire excellence, professionalism, good corporate governance,
transparency, and the ‘can-do’ spirit in our workforce. We will
continue to empower our staff to excel and surpass the targets that
will ensure better services and returns to all our stakeholders.”

On the bank’s business development drive, he noted that Oceanic was
recording consistent growth in liquidity through robust marketing,
deposit mobilization, and renewed focus on retail and transaction
banking products.

The Oceanic Bank boss added that the Bank’s superior service delivery
platforms and retail products were part of unfolding deliberate and
far-reaching strategies aimed at generating value for its stakeholders
on all classes of transactions.

The desire to create value for our customers and shareholders is a passion
that is shared by the management and staff of Oceanic Bank. Our quest
to ensure all our stakeholders experience peace is a promise that we
are committed to fulfilling in all our transactions.”

It would be recalled that in a bid to cater for the needs of existing and
prospective customers, the Bank had since commenced the migration of
existing account types to new product platforms.

The new products include Platinum Accounts, Gold Accounts, Silver Accounts
and Easy Savings. As the names suggest, at each level, the customer is
offered financial and non financial benefits which increase in value,
such as balance linked interest and commission rates; number of free
transactions in each month; loans and overdrafts; best value health,
life and professional indemnity insurance and discounts at merchant
partners, among others.