Appointment of all contracted staff at the National Investment Bank, (NIB), has been terminated.
A letter of termination sent to the affected staff has directed the affected persons to hand over “their Staff ID, Friday wear and other corporate accessories” to management and proceed on a terminal Seven days leave on or before June 21, 2019.
Management has decided to terminate their contract on June 30, 2019 according to a letter sent to those affected persons.
The contract staff had earlier been informed of the decision not to renew their contract after it expiration date. Most of the affected staff were expected to leave in October and November 2019.
But according to some of the affected staff, they were suddenly informed on Monday that management has decided to end the relationship with them at the end of June.
Sources closed to NIB stated that the decision is part of efforts to restructure the operations of the bank and make it more profitable.
This move comes months after the Bank of Ghana named the immediate past Country Senior Partner of PricewaterhouseCoopers, Ghana, Mr. Felix E. Addo as Advisor for National Investment Bank (NIB).
The central bank had early announced the appointment of an advisor for the Bank without much detail of who the advisor was
