Stanbic IBTC Wins CIPM Awards

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has received double honours
at the HR Best Practice Awards organised by the Chartered Institute of Personnel Management
(CIPM). The event took place at the Eko Hotel & Suites, Victoria Island, Lagos reccently.
The foremost financial institution emerged as the winner of the ‘Most Strategic Human
Resources’ (HR) Award, in addition to the ‘Best Diversity and Inclusion’ Award. This follows its
noticeable efforts at implementing notable HR practices and being unbiased in its approach to
personnel management in the banking sector and in the country at large. Stanbic IBTC prides
itself in giving all employees a fair playing ground, without discriminating their skin colour,
gender, health, race and ethnicity.
Delivering his speech, Mr. Olu Onakoya, former Chairman/Managing Director of Mobile Oil
Nigeria Plc, who was Special Guest of Honour at the event emphasized the evolution that has
taken place in HR practices in the modern age. Like water under the bridge are days when the
HR profession was only saddled with the responsibility of hiring and firing employees. The
contemporary HR oversees all things related to managing an organisation’s most important
asset — its human capital. It ensures that they are nurtured and supported through the
creation and management of programs, policies, and procedures. Today’s HR is also responsible
for fostering a positive work environment through effective employee-employer relations,
engagement, and education.
While appreciating the organisers of the award, Olufunke Amobi, Country Head Human Capital,
Stanbic IBTC Holdings PLC, commended the efforts of the Stanbic IBTC team for their great
contribution to the success of the organisation.
In attendance at the event were titans HR practitioners and delegates of participating
The Chartered Institute of Personnel Management of Nigeria is an umbrella association for
Personnel Management Practitioners. It develops and maintains a high standard of professional
competence and ensure that the management of the human resource in Nigeria, both in public
and private sectors, conforms with the best professional standards.