Business News of Tuesday, 22 July 2025
Source: www.punchng.com
Union Bank of Nigeria Plc has promoted approximately 24 per cent of its employees at the end of its annual staff assessment and performance evaluation exercise.
According to a statement from the bank on Sunday, it was revealed that this was the highest promotion rate recorded by the bank in the past 10 years.
The bank said that the milestone reflects its enduring commitment to recognising and rewarding excellence, nurturing talent, and fostering a high-performance culture.
Promotions were awarded across departments to employees who consistently demonstrated outstanding achievement, integrity, and dedication to the bank’s values and growth objectives.
Commenting on the development, the Chief Executive Officer/Managing Director of Union Bank, Yetunde Oni, said, “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.”
Union Bank recommitted to the highest standards of professionalism, ethics, and accountability throughout the organisation.
“The Bank is passionate about creating opportunities for growth, rewarding merit, and supporting all employees throughout their career journeys. By celebrating top performers and maintaining robust standards, Union Bank of Nigeria is well-positioned to deliver sustainable value to its stakeholders and the wider community,” the statement from the bank concluded.