Nigerian Bank Achieves Record-high Promotions in a Decade, Elevates 24% of Staff
- Union Bank of Nigeria has promoted nearly 24% of its employees, marking its highest promotion rate in over a decade
- The bank attributes this milestone to its commitment to recognising excellence, fostering talent, and maintaining a high-performance culture
- CEO Yetunde Oni emphasised the importance of rewarding merit and empowering employees to drive the bank’s long-term vision and impact
Legit.ng journalist Victor Enengedi has over a decade's experience covering Energy, MSMEs, Technology, Banking and the Economy.
In a bold move that highlights its commitment to excellence and employee development, Union Bank of Nigeria Plc has announced the promotion of nearly a quarter of its workforce, marking the highest promotion rate the bank has seen in the last 10 years.
Source: UGC
The promotions, which followed the bank’s annual performance review, reflect Union Bank’s focus on recognising top talent and building a culture of high performance.
Employees across various departments were promoted based on their consistent achievements, integrity, and dedication to driving the bank’s vision forward.
Union Bank's big leap in employee promotion
Speaking on the development, Yetunde Oni, CEO and Managing Director of Union Bank, emphasised the bank’s forward-thinking approach.
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.”
Oni added that the bank is reinforcing a culture where innovation, collaboration, and excellence are at the core of everything it does.
Recall that in 2024, Legit.ng reported that the bank, which is one of the oldest in the country, had promoted 337 employees across different departments.
According to Punch, Union Bank also reiterated its dedication to professional integrity, merit-based growth, and creating an environment where employees thrive.
The bank sees this move as part of a broader strategy to invest in its people, while delivering long-term value to customers, communities, and stakeholders.
With this latest wave of promotions, Union Bank continues to position itself as a leader not only in financial services but also in cultivating talent and championing inclusive growth.
The bank recently awarded over N20 million to 360 lucky customers in its Save and Win Palli Promo 4.
It stated that promo aims to encourage a sustainable savings culture among Nigerians, while it is committed to rewarding customer loyalty and financial discipline.
Source: UGC
Union Bank kicks off verification for YEIDEP grant
Meanwhile, Union Bank has become the first financial institution to finalise the collection of bank account details for Youth Economic Intervention and De-Radicalisation Empowerment Programme (YEIDEP) participants, marking a major step forward in the process.
The YEIDEP programme has advanced to a significant phase, with Union Bank leading the process by finalising the collection of bank account details for beneficiaries.
While Union Bank beneficiaries are expected to be among the first to receive funds, applicants from other banks are still in the document verification phase.
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Source: Legit.ng
