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.
1.1 Introduction
In this section, Supervisory Impact on Management Efficiency in Banking Industry is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.