×
  • Business - Companies
  • Updated: October 24, 2022

Polaris Bank: Union Speaks On Existing Staff, Says Workers Not Informed About Sale

Polaris Bank: Union Speaks On Existing Staff, Says Workers N

The new owners of Polaris Bank have been urged by the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) to ensure that the jobs of the existing staff are secured.

Following the recent sale of the bank, the union made the call in a statement signed by its Secretary General, Sheikh Muhammed on Sunday.

“As a Union, we insist on the right thing to be done, even as we are prepared to defend the rights of our members in any eventuality arising therefrom.

“Whoever comes onboard at Polaris Bank must be prepared to treat existing staff with utmost care and guarantee their job security and continuity which is the only sure way of ensuring industrial peace and harmony across the entire bank and its operations,” Muhammed said.

The secretary-general also expressed dismay that the workers were not informed about the sale of the bank.

“Any claims of adherence to due process which excludes workers and their representative, as well as the general public, fades away in the face of reason and, cannot be seen to be transparent.

“It was a matter of regret that workers who are critical factors and stakeholders were not informed either directly or through their union representatives about the sale of the bank, in which most have served and still serving the bank for most of their prime years, but unfortunately, are not recognised as important enough to be informed about the sale of their workplace,” he said.

 

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...

Notice

We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings