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.
Vanguard
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