Bro Benos: Union Bank Recognized for Excellence in Workplace Practices

Bro Benos: Union Bank Recognized for Excellence in Workplace Practices

By prince Benson Davies

Union Bank of Nigeria has been recognized as the Best Company in Workplace Practice at the prestigious Sustainability, Enterprise and Responsibility Awards (SERAS). The award is a testament to the bank’s commitment to creating a high-performing and inclusive work environment that prioritizes employee well-being and development.

The bank’s award-winning workplace practices reflect its people-first philosophy, which transcends conventional human resources functions. Union Bank has implemented several initiatives that distinguish it from other companies in the financial sector. These include the introduction of five months’ fully paid maternity leave, exceeding statutory requirements, and the establishment of an onsite crèche at its head office to support work-life balance and improve female retention.

The bank has also recorded its highest promotion rate in ten years, with 24% of employees advancing across departments, demonstrating a robust meritocratic culture. A significant 40% salary increase has further enhanced employee financial well-being, reduced economic pressures, and boosted productivity.

The SERAS judges recognized Union Bank’s initiatives for generating substantial social value, particularly in advancing gender equality through comprehensive maternity benefits aligned with Sustainable Development Goal 5. The bank’s enhanced wellness programs, featuring mental health support and flexible working arrangements, have fostered a more inclusive workplace, improving overall staff well-being.

Commenting on the award, Olufunmilola Aluko, Chief Brand and Marketing Officer at Union Bank, said, “Our workplace initiatives are firmly anchored in our triple pillar model of Citizenship, Sustainability, and Innovation, which underpins our commitment to responsible financial, environmental, and socio-economic development.”

The SERAS Awards, now in its 19th year, has consistently established the benchmark for corporate social responsibility and sustainability excellence. This year’s edition celebrated corporate entities and leaders who pushed creative, technological, and strategic boundaries to deliver measurable community and industry impact.

Union Bank’s workplace initiatives provide a robust model worthy of replication both within and beyond the financial sector, setting a new standard for responsible corporate citizenship in Nigeria. The bank’s recognition at the SERAS Awards is a testament to its commitment to advancing vital initiatives that drive positive social transformation across Nigeria.
[9:51 am, 15/12/2025] Bro Benos: L-R: Head, Strategic Communications and Media Relations, Union Bank, Olufisayo Adelekun; Chairman, Wonder Energy, Engr. Toju Koso; Chief Brand and Marketing Officer, Union Bank, Olufunmilola Aluko, Team Lead, External Communication, Union Bank, Favour Ayeni; Executive Asst, Corporate Communication and Marketing, Union Bank, Boluwatife Lawal; Products and Partnerships Specialist, Union Bank, Oghenemaro Ebrorhie; Team Lead, Digital Marketing, Union Bank, Abisola Oluyede; and Customer Service Partner, Union Bank, Eduvie Ejakpomewhe during the Award presentation to Union Bank for Best Company in Workplace Practice at the 2025 SERAS Awards held at Lagos Oriental Hotel, Lagos recently.