Lagos, Nigeria – Union Bank Learning Academy has been awarded full accreditation status by the Chartered Institute of Bankers of Nigeria (CIBN) in recognition of its compliance with regulatory standards and best practices.
This underscores the Bank’s commitment to the development its employees as outlined in its Employee Value Proposition, a framework hinged on five critical levers including learning and career development.
The Bank’s accreditation follows a recent evaluation exercise carried out by CIBN under the Competency Framework for Nigeria’s Banking and Finance Industry put in place by the Central Bank of Nigeria (CBN).
Commending the leadership of CIBN, Executive Director, Service and Technology Union Bank, Nath Ude stated:
“The efforts of the Chartered Institute of Bankers of Nigeria in training Nigerian bankers is a commendable feat. We thank them for their efforts along the lines of capacity building and changing the face of learning in the banking industry.”
According to the Head, Human Resources Union Bank, Miyen Swomen:
“Union Bank’s accreditation by this honourable body signals another very important milestone in our human capacity development efforts. Our people are a pivotal part of our ongoing transformation programme and the accreditation by the CIBN is validation of our efforts in this direction.”
While congratulating the Bank on its accreditation, the President and Chairman of Council of CIBN, Prof. Segun Ajibola said:
“I have no doubts in my mind that this accreditation will put you in a more comfortable position towards achieving your mandate and improving the quality of your offerings as a Bank.”
The certificate of accreditation and the technical report of the accreditation exercise has a validity of two (2) years and allows for the exemption of trainees who are successful at the Union Bank Entry Level from ten(10) courses from a total of nineteen (19) in the Chartered Institute of Bankers of Nigeria Professional Certification examination.
Union Bank Learning Academy continues to promote a culture of continuous learning and to build a workforce with self-fulfilled, highly motivated and productive people.
Note to editors:
About Union Bank Plc.
Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc. is a household name and one of Nigeria’s long-standing and most respected financial institutions. The Bank is a trusted and recognizable brand, with an extensive network of over 300 branches across Nigeria.
In late 2012, a new Board of Directors and Executive Management team were appointed to Union Bank and in 2014 the Bank began executing a transformation programme to re-establish it as a highly respected provider of quality financial services.
The Bank currently offers a variety of banking services to both individual and corporate clients including current, savings and deposit account services, funds transfer, foreign currency domiciliation, loans, overdrafts, equipment leasing and trade finance. The Bank also offers its customers convenient electronic banking channels and products including Online Banking, Mobile Banking, Debit Cards, ATMs and POS Systems.
More information can be found at: www.unionbankng.com
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