United Bank for Africa (UBA) Plc was on Wednesday announced as the winner of Corporate Citizens Award in the Extensive Compliance Category.
Conferred on the bank by the Corporate Affairs Commission (CAC), the award aims to promote the culture of good corporate governance in the Nigerian environment, and it is open to all registered companies in the country.
UBA was among 26 companies that made the final list from over 800 companies considered, with the bank emerging as one of the eventual 9 winners.
The bank’s GMD, Phillips Oduoza , said the award reaffirmed the bank’s commitment to best practices in the way its business was done across the continent.
“We operate in multi-jurisdictions given that we have presence in 19 African countries and three international financial centres; London, New York and Paris.
“We are thus committed to higher standards in regulatory compliance in the interest of our stakeholders and customers.” Mr. Oduoza said.