Pan-African financial services group, United Bank for Africa (UBA) Plc continues to garner national and international laurels with the latest being the Corporate Citizens Award in the ‘Extensive Compliance Category. UBA received the award at the maiden edition of the awards ceremony organised by the Corporate Affairs Commission (CAC) at the Transcorp Hilton Hotel, Abuja, Nigeria.
The Corporate Citizens Award is open to all registered companies in Nigeria and seeks to promote the culture of good corporate governance in the Nigerian environment by recognising corporate citizens who have conducted their affairs in compliance with statutory “The idea behind this initiative is to recognize performance and reward corporate excellence among companies operating in Nigeria, with the ultimate goal of improving our rating in the global competitiveness index” said Otunba Funso Lawal, Chairman of the Board of Directors
the Companies and Allied Matters Act and respective industry statutes and regulations. Apart from impacting on their respective industries positively they are expected to have performed creditably well in corporate social responsibility.
Independent panel of judges under the Chairmanship of Dr. Christopher Kolade, Fmr. Nigerian High Commissioner to the United Kingdom, looked at financial management, work place environment, management of stakeholder relations, innovation, corporate social responsibility, industry leadership as well as corporate governance to select winners. 26 companies including UBA made the final list from over 800 companies that were considered and we were one of the 9 winners that eventually emerged.