UBA promotes 5,210 staff, crashes grades from 16 to 12 levels
Over 5,000 staff of the United Bank for Africa (UBA) Plc started the new year with a lot of cheer as the bank announced their promotion to new grades as well as salary upgrades effective January. Beneficiaries of the promotion are set to receive up to 170 percent increase in their salaries and benefits, whilst a good number have been moved to higher grade levels.
The bank also engaged in a massive recruitment drive, where over 4000 new staff members resumed in the last week of December 2019 in Nigeria alone. UBA currently stands as the highest employer of labour amongst Nigerian banks with a staff strength of close to 20,000.
Group Managing Director/CEO Kennedy Uzoka, who announced the bank’s new staff improvement initiatives to the excited employees, reiterated that UBA is continually seeking new ways to improve the fortunes of its staff as they are the backbone of the organisation. In a bank-wide live broadcast, Uzoka said, “we have also taken steps to ensure that our bank remains at the top tier as it relates to the talent pool. We want to train the best and we have crashed the grade structure to make it easier and faster for our employees to progress along with their careers. With this new grade structure, it will be possible for a new graduate employed at UBA to rapidly chart their own careers and become GMD by the age of 36.”
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