Despite the fact that he has for the umpteenth time been reminded of his retirement age, the Managing Director of Rokel Commercial Bank (RCBank), Dr. Walton Ekundayo Gilpin is allegedly manipulating his way to remain in that position to the disbelief of staff of the financial institution.

It’s reported that Dr. Walton E. Gilpin has passed the official retirement age of sixty (60) years, but he’s allegedly doing everything humanly possible to manipulate his stay in office, including the immediate transfer of the human resource personnel who reports claimed reminded him of his retirement age.

According to sources close to the financial institution, Dr. Walton Gilpin had always told senior officers who had reached their retirement age to retire forthwith. But now that the chicken has come to roost, the Managing Director is alleged to be reluctant to retire, using his political connections to continue dictating things at the bank.

Sources further disclosed that since the majority of the bank’s staff is against his prolonged stay and that he also lacks respect for the Board of Directors and Management.

They claimed that Dr. Gilpin has also delegated all the powers to himself, adding that he’s making bad decisions that have the propensity to destroy the financial institution.

Dr. Gilpin, sources claim, is lobbying the corridors of power to remain as the Managing Director of Rokel Commercial Bank, thereby depriving other competent senior officials to lead the financial institution.

Under Dr. Gilpin’s leadership, the bank’s foreign currency treasure has allegedly dwindled drastically, and if His Excellency President Dr. Julius Maada Bio does not act fast, there will be cracks in the Eiffel Tower of the banking institution.

Sources further indicated that 2025 would be Rokel Commercial Bank’s worst performing financial year as its Managing Director continues to allegedly sideline the Board of Directors and Management for officially requesting due diligence in his retirement that has long past.