The fourth set of graduands in the series of First Bank’s Senior Management Development Programme (SMBP) have passed out. SMDP is an intensive 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, the bank said in a statement, by its Group Head, Marketing and Corporate Communication, Folake Ani Mumuney
SMDP, she said, 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.
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Before the 2023 graduation, the SMDP had produced 52 graduates. The Bank successfully graduated 23 participants in its inaugural edition, held in 2018; 17 in 2019 and 12 in 2020.
The 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 programme is 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 stated.
“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,” said Dr. Adesola Adeduntan, CEO of FirstBank Group.
Mumuney said the 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,”
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).