{"id":61384,"date":"2018-03-29T14:51:34","date_gmt":"2018-03-29T13:51:34","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=61384"},"modified":"2018-03-29T14:51:34","modified_gmt":"2018-03-29T13:51:34","slug":"uba-rewards-high-performance-promotes-2000-staff-across-africa","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/uba-rewards-high-performance-promotes-2000-staff-across-africa\/","title":{"rendered":"UBA Rewards High Performance, Promotes 2,000 Staff Across Africa"},"content":{"rendered":"<p>In line with its commitment to reward excellence and high performance,<br \/>\nPan-African financial institution, United Bank for Africa (UBA) Plc, has<br \/>\nannounced the promotion and elevation of about 2000 of its work force,<br \/>\nrepresenting about 17% of total staff strength across the group.<\/p>\n<p>This is in recognition of the remarkable contribution the staff members<br \/>\nhave made to the banks business growth as highlighted by the impressive<br \/>\nperformance recorded in its recently released 2017 financial year end<br \/>\nresults.<\/p>\n<p>The announcement, which came<span class=\"aBn\" tabindex=\"0\" data-term=\"goog_418105305\"><span class=\"aQJ\">on Monday<\/span><\/span>, is especially heartening in the<br \/>\nface of the numerous economic challenges faced by major financial<br \/>\ninstitutions on the continent, most of whom are yet to recover from the<br \/>\nimpact of the recessive business climate that rocked many companies in<br \/>\n2016 and a greater part of last year.<\/p>\n<p>It is important to note that about a year ago, the bank had promoted 3,000<br \/>\nstaff members, 25% of its workforce, while also doling out cash rewards to<br \/>\ndeserving staff for exemplary conduct and performance that year.<\/p>\n<p>This years promotion, as with others, have been commended by human<br \/>\nresources analysts who have noted that UBA, which was mentioned in a<br \/>\nrecent survey as one of the Best 100 Companies To Work For in Nigeria<br \/>\nhas become synonymous with rewarding excellence. The announcement has also<br \/>\nbeen greeted with joy and enthusiasm by the workforce of the bank.<\/p>\n<p>The affected staff that cut across all units, divisions and 19 countries<br \/>\nwhere UBA operates were selected after the completion of appraisal system<br \/>\nthat identified high performers in the bank among other criteria.<\/p>\n<p>The Banks Group Managing Director\/CEO, Mr. Kennedy Uzoka in an email to<br \/>\nstaff of the bank described the promotion as dividends of hardwork,<br \/>\nadding that with the recent proclamation of UBA as the African Bank of<br \/>\n2017 by the Banker Magazine; as well as the ranking as Best of Bank of<br \/>\nthe Year in Cameroun, Congo Brazzaville, Senegal and Tchad, it is only<br \/>\nright to recognise, reward and celebrate the performance of the staff who<br \/>\nhave worked tirelessly to achieve this.<\/p>\n<p>Uzoka charged staff to continue to embody the Banks core values in their<br \/>\nendless quest of delivering excellent services to both internal and<br \/>\nexternal customers of the Bank.<\/p>\n<p>He said, I congratulate all for their well-deserved elevation. I also<br \/>\nwish to especially thank those colleagues who have not made it on this<br \/>\nyears list. I implore you to keep up your contribution, as your efforts<br \/>\nare recognised. There are several other ways that we will continue to<br \/>\nreward and recognise your contributions and we intend to use all<br \/>\nopportunities to demonstrate this.<\/p>\n<p>United Bank for Africa Plc is a leading financial services group in<br \/>\nsub-Saharan Africa, with presence in 19 African countries, as well as the<br \/>\nUnited Kingdom, the United States of America and France.<\/p>\n<p>From a single country operation founded in 1949 in Nigeria, Africa&#8217;s<br \/>\nlargest economy, UBA has emerged as a pan-African provider of banking and<br \/>\nother financial services, to 10 million customers globally, through one of<br \/>\nthe most diverse service channels in sub-Sahara Africa; 632 business<br \/>\noffices, 1,750 ATMs, some 13,500 PoS, and a robust online and mobile<br \/>\nbanking platform.<\/p>\n<p>UBA was the first Nigerian bank to make an Initial Public Offering (IPO),<br \/>\nfollowing its listing on the NSE in1970. It was also the first Nigerian<br \/>\nbank to issue Global Depository Receipts (GDRs). The shares of UBA are<br \/>\npublicly traded on the Nigerian Stock Exchange (NSE) and the Bank has a<br \/>\nwell-diversified shareholder base, including foreign and local<br \/>\ninstitutional investors as well as individual shareholders\/\/end.<\/p>\n<div class=\"yj6qo\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>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&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":52578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-61384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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