Unity Bank Makes Significant Strides In Repositioning Drive, Earns Great Adulation From Gov Kashim Shettima For Donation Of Relief Materials To Borno IDPs

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Pursuant to its transformation initiatives, Unity Bank is said to have made significant strides in its repositioning drive with the attraction of specialist skills to its workforce since the relocation of its head office from Abuja to Lagos in sync with its plan to grow market share in viable clusters of the retail market.
A source close to the Bank said the new focus of the Business has led to significant enhancement of human capital in its various business units.

This is with a view to injecting fresh ideas, initiatives and energies to strengthen the various departments of the bank with capabilities to pursue the attainment of strategic business focus in the Agricultural financing, retail/SMEs and development of rural economy.

About 200 new hires were said to have been recruited by the Bank to drive the transformation initiative began by the Management in the last one year while about 100 other staff were said to have been promoted recently.

Meanwhile, some members of staff numbering about 215 have been allowed to go in an exercise that will enable the Bank realign its operation to pursue its long term growth strategy. However the affected staff were said to have exercised the option to resign while Management has approved severance package in line with the Bank’s policy.
Commenting on this development, an industry expert asserted that these exercises are part of the hard choices that forward-looking organizations desiring optimum performance had to take from time to time to enable it deliver consistently on shareholders expectations.

In a related development
Borno State Governor, Hon. Kashim Shettima has commended Unity Bank Plc for donating relief materials worth millions of naira to the Internally Displaced Persons (IDPs) in Borno State to help alleviate the sufferings of victims of insurgency in the North East.

The Executive Director in charge of North East/North West, Alhaji Abubakar Abba Bello and former Minister of State for Finance and Director of the Bank, Mrs. Yabawa Lawan Hamma Wabi led the Unity Bank’s delegation to deliver the relief items to the Borno State Government, Maiduguri, recently for onward distribution to different IDP camps.

Presenting the relief materials, the Executive Director recalled that the partnership between the Bank and Borno state over time motivated Unity Bank to present the donations as part of its corporate social responsibility to make meaningful impact and intervention in areas where it operates. He added that the current gesture is aimed at complementing the previous donation by the Staff of Unity Bank Plc to support the cause of the displaced persons and rehabilitate victims of insurgency.

Alhaji Bello also said that the Bank is willing to partner Borno State to rebuild its agricultural base as a means of fast tracking the process of reintegration of the IDPs with their communities and also sustaining improvement of living standards of the victims.
“Unity Bank is well acclaimed for being in the forefront of initiative for supporting agriculture in Nigeria and since rehabilitation of the victims of insurgency can be achieved faster through agriculture, the Bank is undoubtedly your preferred partner in this regard” the ED stated.

Governor Shettima praised the numerous gestures of Unity Bank Plc and acknowledged the Bank’s consistent support to the state, especially the donation of N25 million in support of the State’s University projects in 2014

Unity Bank is the only Bank in Borno State that did not close operations to its teeming customers even in the thick of the insurgency experienced in the state.

Given the Bank’s focus on growing the Agriculture, Rural economy and SMEs, the early resettlement of the victims of the insurgents aligns with initiative for the Bank’s corporate social investment.