Edem Adimado, a former employee of Capital Bank who served as a bank manager at one of the bank’s branches have recounted how life after the bank’s collapse has treated him and other affected employees of the institution.
On the Super Morning Show Friday, Edem Adimado, husband and father of two, said that his reputation in the financial industry has been damaged due to his affiliation with the bank.
The father of two revealed that he had to resort to driving an uber to be able to take care of his family. He also revealed that he was refused job opportunities due to his affiliation with the bank.
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“I can tell you for a fact that I have been to some interviews and they ask, ‘Why didn’t you do anything to save the bank?’”, he recounted.
According to Edem Adimado, in the months leading up to the collapse of the financial institution, “everything was fine.” He said employees knew there were plans in the pipeline to raise funds to meet the ¢400 million cedis minimum capital requirement made by the Bank of Ghana.
In recounting how he finally got to learn about the bank’s collapse, Edem said, “I arrived at work to find the police was there. And that’s when I was told. It was a bombshell. We were aware that [the bank] was fraught with difficulties, but when it happened we were shocked.”
Then he recalled receiving information after the bank was taken over by the state-owned GCB Bank, that an independent assessor would come to the institution to evaluate the skills of each individual.
“How that was done, I don’t know, because no one ever came to me to assess my skills.”
Shortly after, he said, several employees were asked to go to HR where they received a letter stating, “thank you but your services here are no longer required.”
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He was laid off not long after. It’s a day he remembers “vividly.”
Edem indicated that the bank had promised to give the employees who had lost their jobs a severance package but they were yet to receive.
He called on the Bank of Ghana and the Ministry of Finance to come to the aid of the workers who have fallen from ‘grace to grass’ since life without employment was not an easy one.
Listen to the audio below…
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https://youtu.be/G6L7EbN43kY
