First Bank of Nigeria Limited has sustained its Senior Management Development Programme (SMDP) with the training of some of its senior management staff.
The bank also announced the graduation of 20 participants in its fourth Senior Management Development Programme (SMDP) at an event held in Lagos.
In a statement, the Group Head, Marketing & Corporate Communications, FirstBank of Nigeria Limited, Folake Ani-Mumuney, explained that the SMDP is a skill development programme structured to enhance core leadership and business competencies of selected senior management staff within the bank and 20 successful participants were graduated in the recently concluded fourth edition.
She said the SMDP is one of the three core leadership programmes aimed at internally identifying and developing high-potential talents positioned to take up the mantle of the next generation of the Bank’s leaders. Leadership Acceleration Programme (LAP) and FirstBank Management Associate Programme (FMAP) are the others.
She said before the graduation, the SMDP had produced 52 graduates.
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The Bank successfully graduated 23 participants in its inaugural edition, held in 2018; 17 in 2019 and 12 in 2020.
“The Senior Management Development Programme (SMDP) is FirstBank’s intensive modular programme for a select group of senior managers to principal managers who are proven leaders in their respective functions and identified as central to the Bank’s succession plan. The SMDP is an intensive skill development programme structured to enhance core leadership and business competencies of elite senior management staff within the Bank. It consists of three instructor-led modular periods adopting a blend of classroom lectures, experiential activities, flipped learning strategies and peer-to-peer discussions to develop the desired talent pool,” the bank said.
CEO of FirstBank Group, Adesola Adeduntan, said: “This programme is one of FirstBank’s key initiatives designed to create a dependable pool of highly skilled, favourably competitive, and globally minded Senior Managers. It is also aimed at accelerating their journey through the very demanding process of becoming outstanding leaders and management executives”.
“FirstBank is widely acclaimed for sound corporate governance and this programme is further proof of our commitment to grooming and development. Through the Senior Management Development Programme, we emphasise sound leadership as the ethos and language of Bankwide conversations; this provides an empirical means of guaranteeing the Bank’s leadership bench strength both for now and the future,” he concluded.
The Senior Management Development Programme (SMDP) is among the three core leadership programmes and strategic approaches designed to sustain performance, build capacity and promote the empowerment of employees from the lower cadres to the upper levels. The other programmes are Leadership Acceleration Programme and FirstBank Management Associate Programme (FMAP).
These programmes aim at internally identifying and developing high-potential talents who could take up the mantle of being the next generation of the Bank’s leaders, thereby building on its over 129 years of heritage since its founding.