Sterling Bank wins Human Capital Devt Award

Sterling Bank Plc has been recognised for its human capital development activities by Industrial Training Fund (ITF) . The Fund, awarded the bank the 2010 Best Employer in Human Resource Development after examining the bank’s contributions to human capital development.

ITF considered the bank for the award during its annual performance review and award ceremony for 2010 held in Jos. In the course of the review, the Director-General and Management of Industrial Training Fund adjudged the bank the best in Human Resource activities for 2010 in the Lagos Island zone.

“The efforts put by the bank into the provision of training services to its workforce, participation in ITF training programmes, acceptance and supervision of students on industrial attachment were considered in the decision process”, said Area Manager, Industrial Training Fund, Ibrahim Lawal.

He said the award will be formally presented to the bank during its breakfast meeting with clients today at the Southern Sun Hotel, Ikoyi, Lagos.

Lawal said “We at the Lagos Island Area Office wish to congratulate you and hope that this award will encourage you more in your efforts to having a robust and competent workforce developed through training and retraining; and further boost the relationship between ITF Lagos Island Area Office and Sterling Bank”.

On the other hand, banking on its experience and proven track record in the provision of banking services to the public sector of the Nigerian economy, Sterling Bank also maintains the Federal; State and Local Government accounts.

The bank has performed creditably well in its role as a designated bank for revenue collection on behalf of the Federal Government, Lagos, Oyo, Rivers, Anambra, Ondo and Bayelsa State Governments.

To further lend credence to Sterling Bank’s role in vast banking areas, the bank has been a major player in financing the oil & gas sector for over a decade.

The bank’s understanding of the unique opportunities available in supporting indigenous players in the oil & gas sector had necessitated the setting up of an Energy Sector Fund. This is a mutual fund designed to provide funding for the Nigerian Oil & Gas Sector.