Racism, nepotism hits Victoria Commercial Bank – Weekly Citizen

African employees at Victoria Commercial Bank Limited are up in arms against the Asian management over racism and nepotism, and secluding them to non entities within the bank’s establishment.
According to insiders at the middle-sized commercial bank which has its offices in Upper Hill in Nairobi, the Asian managers have no respect for Africans, whom they dismiss as good for nothing.
The hiring is also skewed in favour of the Asians, who form the bulk of the employees.
Insiders say the Asian managers conduct meetings in their vernaculer despising African employees which is unnatural. According to an insider, when the Asians switch to their mother tongue, they must then be talking ill of African staff, including senior managers.
Victoria Commercial Bank was initially licensed in 1987 as a finance company and opened its doors for business in october of the same year.

Yogesh

However, it is dominated by Asians in the board of directors and senior management staff at the helm.
The bank’s board chair is an Asian Ketaki Sheth. She has been with the bank as a director since 2002.
The bank’s chief executive, Yogesh Pattni, also an Asian, sits on the board alongside non-executive directors Sylvano Kola (African) and Mahesh Acharya. Kola is the only African on the board.
The senior management comprises Pattni (CEO), Manish Parmar director business development, Nitin Jethwa director operations, Dharmesh Vaya general manager, Azmina Pattni head of liability relationships, Poonam Shah head of credit relationships and the other only African, Hezron Kamau, and head of finance.
Other managers are Karima Jamal, head of quality assurance, Eunice Monzi, head of trade finance, Daniel Kabuku of internal auditor, Mitesh Chouhan, head of credit administration, Mukund Patel, senior manager, Misalpesh Parmar, senior manager, Fiddelice Otwani, manager, human resources and administration, Masibo Abdullahi, head of compliance, Ruth Muasya, manager legal affairs and Charles Karanja, projects manager.
Keen observers will agree that strategic departments are in hands of Asians which the CEO, the department of credit and that of quality assurance.
Sexual harassment by Asian managers is also rife but due to fear, African female staff do not report as they would be fired.
Insiders reveal, during 2017 election year, internal borrowing and money laundering due to fear of political crisis took centrestage. It is on these grounds, filings for trading of the six months to June 2017 showed that gross non-performing loans and advances to customers moved from zero to Sh18.4 million, making it historic for the bank that has enjoyed an excellent credit history for over 10 years.
The bank has three branches; Upper Hill, Industrial Area and Westlands all in Nairobi. Each branch is led by san Asian.