Segilola Resources Operating Limited (SROL) has achieved a significant milestone by winning the Chartered Institute of Personnel Management Oscar Award for Human Resources Best Practice in the mining sector. This prestigious award ceremony took place recently in Abuja and celebrated organizations that excel in various aspects of human resources management, including strategic HR practices, talent development, employee engagement, and commitment to diversity and inclusion. The recognition underscores SROL’s reputation as a frontrunner in innovative and inclusive labor practices within the mining industry, reflecting the company’s concerted efforts to foster a positive work environment and uphold HR excellence.
In a statement, SROL expressed that receiving this award, which has been in existence since 2012, further solidifies its status as a leader in the mining sector. The company emphasized that this recognition is a testament to its commitment to excellence in performance management, establishing benchmarks for the industry in achieving organizational goals. Additionally, the accolade serves to enhance the company’s credibility among stakeholders, boosting confidence among investors, clients, and the broader community. This acknowledgment not only validates SROL’s operational standards but also inspires a drive for continuous improvement, encouraging the company to refine its processes and cultivate a culture of innovation.
SROL’s Human Resources Director, Oluwaseun Fagesi, expressed pride in the company’s commitment to aligning its practices with both local and international HR standards. He highlighted that SROL’s Segilola Gold Mine stands out as one of the largest employers in Osun State, with an impressive 98 percent of its workforce being Nigerian. Notably, 44 percent of its employees come from Osun State, while 28 percent belong to the local host community. This commitment to local employment significantly exceeds the obligations outlined in the company’s Community Development Agreements, positioning the Gold Mine as a model for employment generation and empowerment in the region.
Fagesi’s remarks also shed light on SROL’s strategic positioning in the community, emphasizing the firm’s dedication to fostering local capacity and economic development. The high percentage of local employment is indicative of SROL’s investment in its human resources and its commitment to uplifting the local community through job creation and empowerment initiatives. By prioritizing local talent, SROL not only supports economic growth in Osun State but also enhances its operational sustainability by nurturing strong relationships with community stakeholders.
In line with its commitment to HR excellence and community engagement, SROL has ambitious plans for the future. Fagesi indicated that the company is focused on continuous innovation and enhancement of its HR practices, which will include improved communication and collaboration with stakeholders. Additionally, SROL is dedicated to implementing sustainability initiatives that align with its corporate responsibility goals. By prioritizing these areas, SROL aims to further elevate its operational standards and reinforce its reputation as a socially responsible organization within the mining industry.
Overall, SROL’s recognition through the Chartered Institute of Personnel Management Oscar Award is not just an accolade; it is a mark of the company’s ongoing commitment to best practices in human resources within the mining sector. The award highlights SROL’s strategic approach to HR management and its proactive efforts to foster local employment and community engagement. As the company looks to the future, its focus on continuous improvement and sustainability signifies a forward-thinking mindset that could set new standards in the mining industry while simultaneously empowering the communities it operates in.
