Big organization but very poor HR and management practices - Anonymous employee Afreximbank Employee Review

2.0
8 Feb 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Relatively good pay and a great opportunity to gain exposure

Cons

- Poor Hr practices; HR is made up of people who are very traditional in their way of leadership and not open to change - A lot of hidden unemployment in the bank with some people in high roles like managers barely doing admin work and hiding behind 'pending projects' - The bank wastes a lot of resources on projects that are started and not followed through to the end. Most of the work is done using consultants - Nepotism; the bank prides itself in fair recruitment however it's clear within the bank that nepotism and favoritism run the day - A lot of junior staff are overlooked and no attention is given to any junior programs like JPP and Internships. They are merely a count program - Half of the hires are people who studied abroad. The bank overlooks local African talents and seems to give preference to Africans who have studied and lived abroad. - Certain nationalities are preferred and this results in bias in decision making. This is also shown by the lack of diversity in the employees where two nationalities make up 50% of the bank -A lot of politics and an extremely hierarchical with a culture of secrecy from the high-ups - many of the senior managers/managers have been there a long time -Micromanagement at every level, there is a culture to make anyone below you feel less important - No career mobility; some people have been in the same position for 10 years

Explore other reviews about Afreximbank

5.0
18 Oct 2021
Anonymous intern
Recommend
CEO approval
Business outlook

Pros

Great culture, inspiring team and leadership

Cons

Small teams, need more partners to gain traction

2
5.0
31 Aug 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good experience. Great people to work with and learn from. Loved being able to live in Cairo

Cons

Honestly I had no issues whatsoever. I really had more issues with the city than anything else.

7
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