The Managing Director of Rokel Commercial Bank, Dr. Walton Ekundayo Gilpin, on Friday 18th July 2025, has approved an “Inter Office Memorandum.”

It was purportedly prepared by the Deputy Managing Director, Emmanuel Eric Borbor with the subject “Staff Transfer List.”

According to the Deputy Managing Director, who was said to have prepared the memo said “The proposed transfers are intended to strengthen operational efficiency and to address critical staffing gaps across the Bank. All arrangements have been reviewed in line with operational priorities, and we are prepared to effect the changes upon your approval.”

Emmanuel E. Borbor kindly sought the authorization of Dr. Gilpin to proceed with the implementation of the transfers as proposed, which was approved by the Managing Director.

About 41 (41) staff members allegedly due for transfers were on the staff transfer list purportedly prepared by the Deputy Managing Director and speedily approved by the Managing Director.

Africa 24 newspaper has, however, gathered from very reliable sources close to the bank that reactions to the staff transfer list by staff members had been met with mixed reactions.

The memo was received with mixed feelings, considering the frosty relationships between the Managing Director Dr. Gilpin and many senior staff members who wanted him to leave the bank after he had reached his retirement age of sixty (sixty) early this year, report claims.

Now that Dr. Gilpin has successfully influenced those of the powers that be to let him continue in office under contract basis, he’s now using the moment as his turn to literally inflict harm, in return, on staff members who were vehemently opposed to his continuous stay as Managing Director since he had reached the retirement age of sixty.

One of the high-profile transfers that has shocked most staff members was Madam Veronica Williams’, the Manager-CRD, who has been transferred to Kenema as a new manager there.

Her crime, according to inside sources, was when she officially notified Dr. Gilpin of his retirement after he had clocked sixty years.

Many other senior staff that the Managing Director had perceived as his avowed antagonists in terms of debate over his retirement prior to his extension of tenure were also affected by the massive transfers, which will take effect on 1st August, 2025.

Inside sources further confided in this medium that the Managing Director could have used the Deputy Managing Director as a proxy for the memo thus shifting the blame on him.

“Even the Deputy Managing Director is not comfortable with the status quo at the bank, especially when the extension of his boss’s tenure under a contract could limit his chances of heading the bank.