Staff of Standard Chartered Bank Gambia have been assured that their jobs are safe as the bank’s parent body looks to sell off its stakes following decision to shift its brand operation to other nations.

The bank’s chief executive officer for Nigeria and West Africa, Lamin Manjang, made the assurance today (21 April) at a press conference in Banjul.

“The staff are the biggest assets that Standard Chartered Bank has and we are very proud of our staff. 

“In all the markets we operate in, our staff are typically the best trained, highly professional and very, very talented group of people,” he said.

“We are very clear and passionate about ensuring that we protect the welfare of our staff during this transition. No staff will be made redundant as a result of this strategic decision.  

“The staff will continue to operate, serve our clients. They will continue to get all the benefits that they are entitled to including bonus and other entitlement. They will get all the training that they are entitled to,” Mr Manjang added.

Meanwhile, he said the bank’s decision to end operations in the country has nothing to do with the country’s economy.

“So, in The Gambian context this has nothing to do with the economy. Is not a reflection of the macro economy policy of the country. The decision is purely on the basis of strategic realignment, refocusing resources and investment in markets where we see substantial scale opportunities,” he continued.

Reporting by Adama Makasuba