Union Bank of Nigeria Plc has promoted about 24 percent of its workforce following the conclusion of its annual staff assessment and performance evaluation exercise. The bank made this known in a statement released on Sunday, describing the promotion exercise as the highest in the last 10 years.
The bank stated that the move reflects its continued commitment to rewarding excellence, nurturing talent, and encouraging a culture of high performance within its organisation. The statement explained that the promotions cut across various departments and were given to employees who showed exceptional performance, integrity, and dedication to the bank’s core values and growth plans.
Chief Executive Officer and Managing Director of Union Bank, Yetunde Oni, said the promotion exercise is part of the bank’s ongoing efforts to reward staff who continue to contribute to the success of the institution. She noted that the bank remains focused on its mission of redefining possibilities for its customers, communities, and staff.
“At Union Bank, we are steadfast in our mission to reimagine what is possible for our customers, our communities, and ourselves as dedicated professionals. These promotions not only recognise individual excellence but also reflect the bank’s ongoing commitment to rewarding those who continually advance our shared ambitions,” Oni said.
She added that Union Bank will continue to uphold the highest standards of professionalism, ethics, and accountability across all levels of its operations. She emphasised that recognising and rewarding staff is essential to driving the overall growth of the bank.
The bank noted that the yearly evaluation and promotion exercise is part of its strategy to build a motivated workforce capable of delivering top-notch services to customers while advancing the institution’s objectives. The bank stated that through such internal growth opportunities, it aims to retain its best talents and ensure that all employees have a clear pathway to career progression.
The statement also mentioned that Union Bank remains passionate about creating avenues for growth, rewarding merit, and supporting employees at every stage of their career journeys. The bank explained that by celebrating top performers and upholding rigorous standards, it is well positioned to deliver sustainable value to its shareholders, customers, employees, and the wider Nigerian economy.
Union Bank of Nigeria Plc, which has operated in the country for over a century, is one of Nigeria’s oldest financial institutions. It continues to play a significant role in the country’s banking sector by offering services across retail, commercial, and corporate banking.
The bank’s commitment to employee growth is seen as part of its broader strategic plan to remain competitive in Nigeria’s fast-evolving financial landscape. In recent years, the bank has also embarked on several initiatives aimed at digital transformation, customer service improvement, and strengthening its operational framework.
Stakeholders in the banking sector have often pointed out that consistent staff training, motivation, and internal promotion are critical for sustaining growth and ensuring customer satisfaction. For Union Bank, this latest promotion exercise demonstrates its resolve to stay ahead by investing in human capital development.
Union Bank’s management reiterated its dedication to creating a work environment where professionalism, ethics, and accountability thrive. The bank’s leadership expressed confidence that with a motivated workforce, Union Bank is well-equipped to meet the changing demands of the financial services industry and contribute meaningfully to Nigeria’s economic development.
As part of its long-term vision, Union Bank assured that it will continue to prioritise staff welfare, encourage meritocracy, and strengthen internal systems that support career advancement for its employees.
