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Home Business News

COVID-19: UBN activates Flexiwork

Ruth Okwumbu-Imafidon by Ruth Okwumbu-Imafidon
March 22, 2020
in Business News, Socio Economic
Union Bank reports 33% growth in PBT for FY2019, Union bank releases FY 2019 financial result, records profit increase,Union bank releases FY 2019 financial result, records profit increase, COVID-19: UBN activates Flexiwork, COVID-19: Union Bank closes some branches, downgrades activities in FCT, Lagos, Ogun, Union Bank seals $40million partnership with IFC.

Emeka Emuwa

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Union Bank of Nigeria has activated Flexiwork, a new work plan that allows some staff to work remotely while the nation struggles to combat the spread of the Coronavirus.

The new plan, which takes effect on Monday, March 23 is a flexible work routine where some staff will stay at home, while staff in critical functions and services will be required to show up in the banks.

Coronavirus Outbreak to Impact Tourism Across African Continent,COVID-19: UBN activates Flexiwork

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According to the statement from the bank, staff in critical departments like operations, technology, branch services, retail services, and security will be required to continue work as usual.

“This action will enable employees to limit exposure by sheltering at home while allowing employees in critical functions to work safely within our offices.

“While we will be working remotely, we are expected to continue to provide the highest level of support to our colleagues to ensure we maintain service standards for our customers,” the statement read.

(READ MORE: Union Bank announces resignation of 2 executive directors, appoints new ones)

In addition to these measures, the bank will over the next month, hold all meetings with over 5 participants via teleconferencing, apply revised health and safety protocols and suspend visitors to its offices particularly at the Headquarters, Oba Akran, Ilupeju, and Alausa.

The centenarian bank also canceled all events through to April 15, including the Alpher Masterclass earlier scheduled to hold on Tuesday, March 24, 2020.

In a mail to its customers, the bank said,” due to the recent coronavirus outbreak, we regret to inform you that the Alpher Masterclass scheduled to hole on March 24, 2020, has been postponed. A new date will be communicated in due course.

“We aim to help women on their respective journeys of greatness whether your aim is to start or expand your business, meet new people, build new partnerships or develop a capacity for growth; αlpher is here to enable your success”.


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Tags: CoronavirusUnion Bank share capital
Ruth Okwumbu-Imafidon

Ruth Okwumbu-Imafidon

Ruth Okwumbu has a MSc. and BSc. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career. As a Business Analyst with Narametrics, she focuses on profiles of top business executives, founders, startups and the drama surrounding their successes and challenges. You may contact her via ruth.okwumbu@nairametrics.ng

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  1. Anonymous says:
    March 23, 2020 at 9:30 pm

    Great performance

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