This research studies the contributions of supervisory department as on effective to first bank of Nigeria PLC Enugu.
To guide the study four research question were formulates using questionnaires as a instruction. The data collection are analyzed using simple percentage.
Some of the findings among other are:
- Internal audit (supervisor) department whereas effective management control in banking organization.
- Supervisory department encloses financial accountability in banking organization.
- Supervisory department plays a significant role in effective utilization of organization fund by management.
- The availability of supervisory department encourages efficiency among employees in building organizations.
We recommend that the entire staff of banks be adequately compacted and motivated towards a common organization goal, them management will be in a better position to see supervisor as honest helper to effective performance of the credit of job well done.
In the present volatile and dynamic economy of Nigeria a bank cannot survive without supervisory arm. Therefore recommend that all banks in Nigeria should have a supervisory department.