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Home Companies Company News

Business Strategic Award For First Bank

Editor by Editor
June 20, 2015
in Company News, Politics
Buy, Sell or Hold: FBN Holdings Plc
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Nigeria’s top tier lender,First Bank of Nigeria Plc, on Friday announced it has emerged the winner of the Silver Award for Best Impact by Corporate University on Implementation of Business Strategies of the Organisation in the Global Council for Corporate Universities (GlobalCCU) Awards 2015.

“The Bank achieved this feat through its corporate academy for Learning & Development – FirstAcademy, after a rigorous entry process cutting across 51 countries from all continents across the globe. The awards recognise and reward the very best Corporate Universities worldwide that have performed at the highest level of excellence and have created value for People, Business and Society across the world,” FBN said in a statement.

According to Nigeria’s most valuable lending brand, the bank’s FirstAcademy is the first corporate academy of its kind in Nigeria and it is affiliated to the Global Association of Corporate Universities and Academies and the World Institute of Action Learning.

The lender says it was established to provide strategic platform for competence development, knowledge management, culture change, and overall organisational transformation.

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“Through FirstAcademy, the bank invests in its staff by providing exceptional learning interventions which enables them to be rated among the best in their chosen field. The academy also enjoys a working partnership with top Ivy League Institutions such as INSEAD, Michigan Ross School of Business, China Europe International Business School (CEIBS), Cornell University’s Johnson School of Management and Lagos Business School (LBS),” FBN added.

According to Filippo Romaniniof the Global CCU Awards, FirstAcademy has demonstrated an effective process in securing alignment between company strategy and the academy’s strategy and learning activities, “the simplicity and efficiency of its governance with a good connection to internal stakeholders, as well as remarkable connection of knowledge and learning through mobile solutions to increase the digital agility of its people,” Romanini noted.

The bank says FirstAcademy provides ample support across various FirstBank geographies in Sub-Saharan Africa and representative offices in South Africa, China and Abu Dhabi and currently has six campuses across Nigeria in Lagos, Ibadan, Abuja, Enugu, Jos, and Kano.

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