Business
Intercontinental Bank Promotes 653
Intercontinental Bank Plc has announced the promotion of 653 members of staff in recognition of their hard work.
Also, 171 employees were disengaged based on poor performance and disciplinary issues.
In a statement, the management said the promotion exercise cuts across all departments and grades and is significant in the sense that it was the first to be conducted after the Central Bank of Nigeria (CBN) intervention in August 2009.
The management noted the exit exercise late last year in which a significant portion of the top management of the bank had to leave. The current promotion exercise is to reward outstanding performance especially those, who have worked hard to ensure the progress and stability the bank has achieved today.
The management wishes to use this opportunity to thank all its stakeholders for their support during the year and look forward to greater successes in 2011.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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