The officers of Habib Bank Limited (HBL) has called for introduction of an acceptable and better golden handshake scheme (GHS) to provide honourable way out to the senior employees of the bank.
Habib Bank Officers Progressive Association Peshawar Region made this demand in a press conference here on Wednesday. Abdul Qayyum Afridi, president of the association addressed while flanked by a dozen of the officers. He also called for payment of the salaries of the remaining years to all forcibly sacked employees at a time.
Criticising what they called unconstitutional, unlawful, immoral and un-Islamic policies of the management of HBL, he said that since 1997, the bank had closed 600 branches rendering 20,000 employees jobless. The policy adopted by the management, he said was spreading wave of insecurity among the staffers, who are passing through a worst mental ordeal.
He lamented that on January 13, 2007, the imported management of the bank had sent 900 employees on forcible retirement and had cut down the retirement age to 55 years without offering any benefit for the remaining period of employment.
The association attributed the privatisation of HBL to Aga Khan Foundation to the management on a meagre amount of Rs 22 billion, whose own assets were worth more than Rs 70 billion. The change of the management had put the employment of all existing employees at risk, who are making recruitment on sectarian basis.
The association also charged president of HBL, Zakir Mahmood for loot and plunder of the resources of the bank and spending of the resources of the bank on foreign trips and reimbursement of TA/DA. He also accused the management for discrimination in promotion and recruitment matters of the bank, saying that during 55 years history of the bank none of the employee having domicile of NWFP, Balochistan and Kashmir have been promoted to the post of executive senior vice president (ESVP) and lucrative posts were always been dolled-out to officers from Punjab and Karachi.
Comments
Comments are closed.