First Bank Nigeria has graduated its first set of senior management graduands from its Senior Management Development Programme (SMDP) launched in October 2017, as the managing director and chief executive of the bank, said there is need for younger hands to be at the helm of affairs.
Speaking at the graduation of the first set from the SMDP at the weekend, managing director and chief executive officer, FBN, Dr Adesola Adeduntan noted that young executive need to be groomed for management positions that will help organistions achieve the needed transformation in the technology driven world.
While congratulating the executives that completed the progamme, he said “transition to general management is very important. Each time we need to fill a higher executive management role or general management role more often than not we intend to look inwards.
“There is no success without succession, no matter how well you do today, the current leadership will not remain. Just as we are clamoring in the largest political space that we need younger people to be at the helm of affairs. We need to be equipped to cope and operate in the industry in terms of transformation.”
He further charged the graduands on personal development to transform into general management tasking them on networking, mentoring and grooming. “Networking is an asset, successful professionals are professionals with the right networking,” he stated.
Adeduntan explained that the concept of SMDP was an idea planted in the board when “we took the FBN associate management programme framework to the board. The need to have well trained and well-groomed middle level officers that will prepare for transition to general management.’’