Emerging details have it that the Managing Director that backed bank workers protest at the residence of an influential customer over unpaid debt is on his way out of office.
Societynow.ng gathered that Ifiesimama Precious Sekibo – but more popularly known by the shortened Ifie Sekibo-, the Managing Director at Heritage Bank is already counting his last days at the helms of affairs.
Sekibo, 56, got mentions last week when workers at the bank he heads protested over unpaid debt at the Abuja residence of Senator Emmanuel Nnamdi Uba more popularly known as Andy Uba.
The protest took place on Monday, June 21, 2021, and attracted all shades of talks as the video of the “unusual occurrence’ went viral.
A leaked memo to staff – after the incident – confirmed the Managing Director backed the action which he described as “in line with our objective and solely to address the indebtedness of the customer”
Societynow.ng’s checks, however, revealed that the looming exit of the Harvard-trained chief executive officer of Heritage Bank (he is an alumnus of Harvard Business School OPM Class 2006-2009) has more to do with his years on the job than any other issues.
The PhD holder in Credit Management from the London Post Graduate Credit Management College., United kingdom is just a couple of months short of the mandatory 10years allowed for a single person to occupy his position according to rules guiding the operations of his industry.
Sekibo who is the pioneer Chief Executive Officer and Managing Director at Heritage Bank took office in 2012.
Meanwhile, in an interesting turn of events Senator Uba, 65, who was the subject of the protest over the loan –gone-bad emerged as the candidate of the ruling All Progressives Congress (APC) for November 6, 2021, Anambra State Gubernatorial election after the “public embarrassment” by Heritage bank’s workers