The management of Industrial Training Fund (ITF) on Thursday bestowed the Best Human Resource Development (HRD) award on Lift Above Poverty Organization (LAPO) microfinance bank.
The Director-General of ITF, Joseph Ari Ntang presented the award to the managing director/chairman of the financial institution in Benin-City.
Ntang said the award was in recognition and appreciation of LAPO microfinance bank as the best contributing employer in human resource development in 2016.
BusinessDay reports that ITF, a national capacity development agency had in 2013 acknowledged LAPO Microfinance Bank’s commitment to staff development.
The agency recognized the microfinance bank with an award as its best subscriber in Benin-city region.
The ITF boss commended the management of financial institution for its laudable contributions in adding value to economic and educational development of the country.
He also commended the LAPO microfinance bank for being up to date in its training programme, noting that as a reputed organization it has fulfilled its corporate responsibility of being law compliance.
“It is my singular honour and privilege to present this HRD award to LAPO microfinance bank in recognition and appreciation of your organization not only as the best in training but also the best contributing employer in Human Resource Development for the year 2016 within Benin area office’’, he said.
He noted that LAPO Mfb has equally equipped its workforce to understand the nitty- gritting and the value of training that has boosted their various professional skills in microfinance banking management.
He said the financial institution met the requirements of the federal government agency’s research carried out in all employers of labour in respect to staff welfare packages as well as up to date in training.
Receiving the award, the managing director/chairman of LAPO microfinance bank, Godwin Ehigiamusoe said the award was a reflection of the management commitment to human resource development.
Ehigiamusoe added that the award would also serve as a source of strong motivation for the organization to do more.