UBA Celebrates 2013 Most Valuable PerformersBanking & Finance, Business Monday, October 28th, 2013
As an institution committed to creating best-in-class work environment for employees, United Bank for Africa (UBA) Plc at the weekend held the third edition of the Most Valuable Performer (MVP) recognition award ceremony designed to motivate and encourage individual staff performances toward the attainment of the bank’s corporate goals and business targets.
A total of 120 best performing staff that will henceforth be known and recognized as Most Valuable Performers (MVPs) were honored at the decoration ceremony which took place simultaneously at the bank’s Head Office in Lagos and across different locations in Nigeria and UBA Country Subsidiaries.
Group Managing Director/CEO, UBA Plc, Mr. Philips Oduoza, said the UBA MVP programme is one of the career management initiatives of the bank geared towards achieving talent attraction, development and retention. He described MVPs as employees that create extraordinary value for the organization by consistently exceeding expectations.
“We are honouring today’s MVPs for their exceptional performance and in appreciation of what they have contributed to the growth of the bank. They are top performers and have met the minimum criteria in terms of performance and adherence to the Bank’s core values,” he said.
Oduoza congratulated the MVPs and urged them to wear the special lapel pins with pride even as they enjoy the associated privileges which include, accelerated career development, unrestricted access to company events, cash reward, leadership exchange programs, cross country postings as well as the much-coveted UBA citizenship membership. “The MVPs that are being celebrated today simultaneously across different locations in Nigeria and UBA Country Subsidiaries were chosen based on their performance. Out of the 120 MVPs being celebrated, 13 are repeat MVPs meaning that they were able to retain their MVP status awarded in previous year,” he added.
Worthy of note is the fact that 2 of the 13 repeat MVPs are triple MVPs i.e. they have been MVPs for 3 consecutive years. The remaining 11 repeat MVPs are double MVPs having maintained peak performance levels for two years running.
According to the Executive Director, Human Resources and Customer Service, Obi Ibekwe, UBA staff are the most valued assets while the MVP award was instituted to reward excellence among the staff.
The UBA MVPs are as diverse as the organisation they work in, and do not necessarily share a similarity in skills as some are great marketers, tellers, auditors among others. UBA MVPs must have and exhibit the UBA DNA which include; Value Creation; Intrinsic Motivation; Drive to Succeed; People Development; Team Play; Commitment and Reputation Management as well as Brand building. The MVP programme runs for a period of 12 months during which outstanding staff members are rewarded, recognized and exposed to career development initiatives geared towards motivation, performance improvement and retention.
United Bank for Africa Plc is one of Africa’s leading financial institutions, offering banking services to more than 7 million customers across over 700 branches in 19 African countries. With presence in New York, London and Paris, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross border payments and trade finance.
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