Finance
Union Bank will focus on service delivery—-GMD
Group Managing Director of Union Bank Mr Emeka Emuwa yesterday said that the focus of the new look Union bank was to deliver service at the best level possible. He made the promise at an interactive session with journalists at the bank’s head office in Lagos.
“The purpose of the session is to give the bank’s new leadership and its executive management an opportunity to share perspectives and new direction of the bank,” he said. Emuwa, formerly Managing Director of CitiBank Nigeria, said that the bank did not intend to expand nor acquire other banks. “When you mention the name Union Bank, one of the first things that come to people’s minds is ‘Big, Strong, Reliable, our tagline of many years. Indeed, Union Bank was once all these. Our long-term goal is that Union Bank will be all three again – big, strong and reliable. But for today, our focus is on being reliable,” he said.
Emuwa said that several steps were already being taken to ensure that the bank stayed on track with this aspiration.“We are looking into everything that needs to be taken care of to make sure we deliver the best service possible. We are looking at people, processes, infrastructure, technology and everything,” he said.
The bank chief said that efforts had begun to modernise the bank’s branches before his arrival adding that these efforts were being consolidated. Emuwa said the workforce would be strengthened and that its technology was also being upgraded and reinforced. He said in spite of many challenges, the bank had a lot going for it including: a large branch network, a large and loyal customer’s base and a reputation for being transparent.
Emuwa said that the bank would maximise the opportunities that existed in its large customer base, while still growing that base by targeting new segments of the market. He said the bank did not plan to physically expand locally or internationally this year, but there were plans to re-align its branch network to cover new business areas.
-
News2 days agoCourt orders British Govt. to pay £420m to 21 coal miners killed by colonial masters
-
Finance2 days agoCBN cuts 1-Year Treasury Bill rate, rejects Bids
-
Agriculture2 days agoOver 2.5m metric tonnes of food valued N2trn produced in 2yrs—FG
-
Maritime2 days agoNIMASA mulls expansion of deep blue project, calls for continued partnership with Navy
-
Economy2 days agoBPE, stakeholders unite to rollout $500m free meters, DisCos pledge to lead drive
-
Business2 days agoMTN to acquire controlling stake in IHS Holdings, eyes full ownership
-
Oil and Gas2 days agoDangote refinery backs gantry loading, cautions against costly coastal evacuation
-
Economy13 hours agoDubai’s consumer electronics maker, Maser Group to invest $1.6bn in Nigeria, others

You must be logged in to post a comment Login