In line with its commitment to reward excellence and high performance,
Pan-African financial institution, United Bank for Africa (UBA) Plc, has
announced the promotion and elevation of about 2000 of its work force,
representing about 17% of total staff strength across the group.
This is in recognition of the remarkable contribution the staff members
have made to the banks business growth as highlighted by the impressive
performance recorded in its recently released 2017 financial year end
results.
The announcement, which cameon Monday, is especially heartening in the
face of the numerous economic challenges faced by major financial
institutions on the continent, most of whom are yet to recover from the
impact of the recessive business climate that rocked many companies in
2016 and a greater part of last year.
It is important to note that about a year ago, the bank had promoted 3,000
staff members, 25% of its workforce, while also doling out cash rewards to
deserving staff for exemplary conduct and performance that year.
This years promotion, as with others, have been commended by human
resources analysts who have noted that UBA, which was mentioned in a
recent survey as one of the Best 100 Companies To Work For in Nigeria
has become synonymous with rewarding excellence. The announcement has also
been greeted with joy and enthusiasm by the workforce of the bank.
The affected staff that cut across all units, divisions and 19 countries
where UBA operates were selected after the completion of appraisal system
that identified high performers in the bank among other criteria.
The Banks Group Managing Director/CEO, Mr. Kennedy Uzoka in an email to
staff of the bank described the promotion as dividends of hardwork,
adding that with the recent proclamation of UBA as the African Bank of
2017 by the Banker Magazine; as well as the ranking as Best of Bank of
the Year in Cameroun, Congo Brazzaville, Senegal and Tchad, it is only
right to recognise, reward and celebrate the performance of the staff who
have worked tirelessly to achieve this.
Uzoka charged staff to continue to embody the Banks core values in their
endless quest of delivering excellent services to both internal and
external customers of the Bank.
He said, I congratulate all for their well-deserved elevation. I also
wish to especially thank those colleagues who have not made it on this
years list. I implore you to keep up your contribution, as your efforts
are recognised. There are several other ways that we will continue to
reward and recognise your contributions and we intend to use all
opportunities to demonstrate this.
United Bank for Africa Plc is a leading financial services group in
sub-Saharan Africa, with presence in 19 African countries, as well as the
United Kingdom, the United States of America and France.
From a single country operation founded in 1949 in Nigeria, Africa’s
largest economy, UBA has emerged as a pan-African provider of banking and
other financial services, to 10 million customers globally, through one of
the most diverse service channels in sub-Sahara Africa; 632 business
offices, 1,750 ATMs, some 13,500 PoS, and a robust online and mobile
banking platform.
UBA was the first Nigerian bank to make an Initial Public Offering (IPO),
following its listing on the NSE in1970. It was also the first Nigerian
bank to issue Global Depository Receipts (GDRs). The shares of UBA are
publicly traded on the Nigerian Stock Exchange (NSE) and the Bank has a
well-diversified shareholder base, including foreign and local
institutional investors as well as individual shareholders//end.