Lagos - United Bank for Africa (UBA) has rewarded 120 of its staff with the Most Valuable Performer (MVP) recognition as part of efforts to motivate and encourage individual staff performances towards the attainment of the bank’s corporate goals and business targets.
The workers were honored at a decoration ceremony which took place at the bank’s Head Office in Lagos and across different locations in Nigeria and UBA country subsidiaries.
UBA Group Managing Director, Philips Oduoza, said the UBA MVP programme was one of the career management initiatives of the bank geared towards achieving talent attraction, development and retention.
He described MVPs as employees that created extraordinary value for the organization by consistently exceeding expectations.
“We are honouring MVPs for their exceptional performance and in appreciation of what they have contributed to the growth of the bank. They are top performers and have met the minimum criteria in terms of performance and adherence to the Bank’s core values,” he said.
“The MVPs that are being celebrated today simultaneously across different locations in Nigeria and UBA Country Subsidiaries were chosen based on their performance. Out of the 120 MVPs being celebrated, 13 are repeat MVPs meaning that they were able to retain their MVP status awarded in previous years.”
Two of the 13 repeat MVPs are triple MVPs, meaning they have been MVPs for three consecutive years. The remaining 11 repeat MVPs are double MVPs having maintained peak performance levels for two years running.
According to Obi Ibekwe, Executive Director, Human Resources and Customer Service, UBA staff are the most valued assets while the MVP award was instituted to reward excellence among the staff.
“The UBA MVPs are as diverse as the organisation they work in, and do not necessarily share a similarity in skills as some are great marketers, tellers, and auditors among others. UBA MVPs must have and exhibit the UBA DNA which includes value creation, intrinsic motivation, drive to succeed, people development, team play, commitment and reputation management as well as brand building,” he said.
The MVP programme runs for a period of 12 months during which outstanding staff members are rewarded, recognized and exposed to career development initiatives geared towards motivation, performance improvement and retention.
– CAJ News