Glitz, Glamour at the annual UBA CEO Awards ceremony

Posted: February 26, 2014 in art/entertainment

BusinessDay CEO Awards 7 copyIt was a night of fun, entertainment and rewards on Saturday, February 8, 2014 when employees from Nigeria , Africa and the rest of the world converged with other stakeholders at the Eko Hotel, Lagos , to celebrate exceptional members of staff in the just concluded 2013 financial year.

The annual UBA CEO Awards ceremony as it has come to be known is held every year to celebrate staff members that perform exceptionally well in the past financial year.  Since 2008, when the first edition of the UBA CEO awards was held, it has become a landmark celebration in the annual calendar of the financial institution.

Phillips Oduoza, GMD/CEO of the UBA Group said the awards ceremony was most deserving because of the hard work and dedication to duty by staff members during the year. According to him though the full year financials of the bank are yet to be made public, the bank going by its third quarter results did very well in 2013. “It is only proper for us to gather and publicly celebrate our star performers in the presence of all stake holders and customers who have been a pillar of support” he enthused.

Oduoza, who gave out letters of commendation plaques and cash rewards, to the award recipients, noted that the event was part of the best-place-to-work policy initiative of UBA and a people strategy geared towards engaging, motivating and rewarding employees.

The award categories on the night include; Most Profitable Regional Bank in Nigeria based on absolute Profit Before Tax figures, Most Profitable Division based on absolute Profit before Tax figures,  African Country with the highest deposit growth, Branch with the highest Non-Public sector deposit in Nigeria, Regional Bank with the highest trade volume in Nigeria , Country Subsidiary with the highest trade volume in Nigeria and African Country with the highest absolute Profit before Tax.

Customer focused awards were also given at the awards including; the Marketing staff with the best service culture in Nigeria, the Non-Marketing staff with the best service culture in Nigeria as well as the country subsidiary with the best service culture in Africa outside Nigeria.

Oduoza assured that UBA has continued to post strong financial performance in 2013, despite the increasingly challenging environment due to the dedication and contribution of its exceptional workforce.

“Our first, second and third quarter financial results shows the bank’s resilience. Our African subsidiaries are increasingly adding value to our operations currently contributing about 25% of balance sheet size and on target to hit 50% contribution to balance sheet.”

Responding on behalf of the award recipients Regional bank Head, Akwa Ibom, Chukwuekezie Magnus, commended the board and management for placing great premium on its people. Magnus said, “UBA is the one of the best places to work because the bank provides a non-discriminatory, robust and effective career management framework for its staff.”

The awards ceremony witnessed the presence of the captains of industry, customers and friends of the bank.  Past and present UBA board members and other stakeholders from Africa and the rest of the world were also in attendance.  Top Nigerian and Africa entertainers who graced the occasion thrilled the packed audience with music and jokes. Among the top performers during the night were the duo of P-Square, Banky W, Ghanaian/UK based artist, ODG Fuse of the Azonto fame and music diva Tiwa Savage. Two top comedians, Gordons and Akpororo, also brought the roof down with their jokes

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