Evident in its centenary theme to celebrate, impact, and lead, Union bank, one of Nigeria’s longest serving and innovative banks is also poised to celebrating its supporters andthe women in its employ. This, the bank demonstrated in double shots when it celebrated the International Women’s Day 2017 with the theme, “Be Bold for Change” in an event held at its Head Office in Marina, Lagos and also commemorated the first-year anniversary of the Women Empowerment Hub (WeHub); an inventiveness initiated by the bank to motivate, link up and provide mentoring and networking opportunities for its women.
While speaking at the event, the Chief Executive Officer of the bank, Emeka Emuwa, reiterated the significant role and impact of women in the place of work and by extension, the community:
“As we celebrate Union Bank’s 100th anniversary this year, the International Women’s Day provides an opportunity for us to celebrate all the women who have contributed to Union Bank’s rich heritage and to inspire all the women building the Union Bank legacy for the next 100 years.”
“We could not have gotten this far without our strong women and at Union Bank, and we are committed to supporting them and helping them succeed all the way in their careers.” he remarked.
In her keynote address, Ifeoma Fafunwa highlighted the need for sincerity and high level commitment to make for change for women across the nation:
“Nigeria has over 80 million women, and this is the time to focus on the impact of women in nation building. This work starts from the family, and I believe that women need to be more engaged to make greater impact. For the country to progress, we need to recognize the different levels that need improvement and the role of women in leading that change,” she concluded.
Union Bank also wishes to champion the discussion on how institutions can positively affect their community in areas such as women empowerment among others.
It will be recalled that Union Bank Nigeria PLC recently celebrated its 100th (centenary) anniversary in Nigeria with a pledge to keep upholding its stakeholders, make impacts in their environment and to maintain a leadership spot in its markets.
Union Bank was established in 1917 as Colonial Bank and in 1922 was acquired by Barclays Bank, changing the name to Barclays Bank DCO (Dominion, Colonial and Overseas) and through the years, the bank has grown to become one of Nigeria’s leading financial institutions.
Barclays Bank DCO was renamed Barclays Bank Nigeria Limited after the enactment of the Companies Act of 1968. In 1971, the bank was listed on the Nigerian Stock Exchange and the Federal Government acquired a stake, making it a fully Nigerian-owned bank. In 1979, in the wake of a public offering, the bank became known as Union Bank of Nigeria to reflect the new ownership structure.
The 100th anniversary was marked February 2017, in a week-long event, five years after the bank was acquired by a new international investor group in 2012.
Meanwhile the new management team led by Emeka Emuwa, has embarked on a renovation program to reposition the bank with the objective of becoming a leading supplier of quality financial services in Nigeria. The bank believes that despite the current challenging business environment, the Bank is still doing better, (Union Bank Plc).
We congratulate the Management and staff of Union Bank on the achievements and also wish the women success in their endeavor with regard to the WeHub. The time to think and act is now; these are live and business essentials, so let’s keep thinking clearly!
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