Union Bank has highlighted the ways its family-friendly policies are helping to foster gender inclusion and set new standards in the financial sector.
According to the lender on Thursday, it is actively creating a more equitable and supportive environment for women, both within its own workforce and across the wider Nigerian community.
Union Bank was recently honoured as the Family-Friendly Bank of the Year by The New Telegraph in recognition of its policies for customers and employees alike through its Alpher initiative and the implementation of improved maternity leave conditions.
“Through its Alpher initiative, the bank is investing in the future of female students, entrepreneurs, and professionals throughout Nigeria. Alpher offers bespoke financial services, career and business development opportunities, and exclusive lifestyle benefits designed to help women thrive. Union Bank’s strategic collaborations, such as its sponsorship of the Nigerian British Chamber of Commerce Women and Youth Entrepreneurship Development Centre programme, have enabled numerous entrepreneurs to graduate, access vital training, and secure grant opportunities.
“Within its ranks, Union Bank set a new benchmark with a five-month fully paid maternity leave, complemented by the option to take annual leave. This policy, aligned with the United Nations SDG 3: ‘Good Health and Well-Being,’ ensures that employees have the time and support they need to recover and bond with their families.
The bank’s internal women’s network, Women Empowerment Hub, regularly hosts insightful events and discussions focused on bridging the digital gender divide and advancing the careers of female employees,” the bank stated.
Union Bank has also established a state-of-the-art crèche at its head office in Marina, Lagos Island, equipped with lactation rooms and family-friendly facilities, saying that the initiative directly supports SDG 5: ‘Gender Equality’, enabling women to balance their professional and family responsibilities in a truly inclusive workplace.
