Ecobank scoops prestigious award

03 Feb, 2023 - 00:02 0 Views
Ecobank scoops prestigious award

eBusiness Weekly

Oliver Kazunga

PAN African financial services institution, Ecobank Group, has won the highly coveted Best Place to Work in Africa 2022 Award organised by the Best Place to Work organisation.

The Best Places to Work certification is a globally recognised flagship employer of choice programme and is delivered in partnership with Best Companies Group.

The Best Company Group is a well-established United States based firm focused on identifying and recognising best employers in over 60 countries around the world.

The award honours organisations that exhibit the highest standards of excellence in human resources (HR) practices and employees’ experience.

Ecobank is the first Pan-African bank to have been awarded the certification.

In a statement released this week, the bank quoted its chief executive officer, Ade Ayeyemi saying: “At Ecobank, we recognise that our people are our greatest asset.

“As a Pan-African bank, we are intentional in deploying resources to attract, develop and retain the right talent.

“We actively provide the tools and processes to achieve a performance-driven culture and enabling environment.”

The financial institution is a leading private Pan-African banking group with unrivalled African expertise with presence in 35 sub-Saharan African countries including Zimbabwe as well as internationally in France, the United Kingdom, United Arab Emirates and China.

The group employs over 13 000 people and offers consumer, commercial, corporate and investment banking products, services and solutions across multiple channels, including digital, to over 32 million customers.

The Best Place to Work in Africa Award followed another significant recognition for Ecobank as the Best Employer Brand in Africa, from the Africa Best Employer Brand Awards 2022. It honours the top organisations in Africa who are exemplary in HR and the judges for this award considered business progress based on public available information and many aspects of people/HR strategies including talent management and development; diversity and inclusion; women empowerment; promoting and managing health in the workplace; and Corporate Social Responsibility initiatives.

Ayeyemi said receiving international recognition as being one of the Best Places to Work in Africa is a great honour and it is noteworthy that their latest award would not have been possible without the support of the bank’s staff.

The certification programme involves rigorous assessment and rankings based on the results of robust and objective assessments carried out at various hierarchical levels and across HR operations and procedures.

It includes HR assessment and an employee assessment survey.

Areas covered include HR practices, compensation, benefits, leadership, teamwork, employee engagement and Corporate Social Responsibility (CSR).

The financial institution’s group executive responsible for human resources, Yves Mayilamene, Group commented: “We  support and empower our talent to excel in an enabling and conducive working environment while investing in their growth and well-being.

“At Ecobank, we always seek to provide our staff with opportunities to advance and achieve their full potential through our learning and development initiatives.

“This Best Place to Work Award is a tribute to our Ecobankers’ commitment to exhibiting and living our values as well as creating the right corporate culture.”

The assessment process resulted in the Ecobank Group achieving a total certification score of 79 percent — any percentage above 75 percent is considered high.

The certification of the Best Place to Work accreditation is for one year (November 2022 to November 2023).

Best Places to Work certified organisations tend to outperform the market average in terms of driving consistent long-term business performance through high employee-engagement, engaging leadership and talent focus.

Becoming a certified organisation means employees are inspired, engaged and motivated to do their best, every day and everywhere, said Ecobank.

Best Companies Group president, Peter Burke, extended his heartfelt congratulations to Ecobank by emphasising on the uniqueness of the award that strengthens the Ecobank Employer Brand.

Mayilamene added: “Ecobank is being recognised for creating workplaces where your employees love to come to work. You are the envy of all other employers. Keep up the good work.”

The Best Places to Work certification is a globally recognised flagship employer of choice programme and is delivered in partnership with Best Companies Group.

The Best Company Group is a well-established United States company focused on identifying and recognising best employers in over 60 countries around the world.

In Africa, there were 29 Best Places to Work organisations recognised in 2022.

These include Alsa, eHealth Africa, Hilti, IHS, Ooredoo and Pharma 5.

Some global companies with operations in Africa — such as AstraZeneca, Dell, Nestlé and Roche — were also among the winners.

The Best Place to Work in Africa Award followed another significant recognition for Ecobank as the Best Employer Brand in Africa, from the Africa Best Employer Brand Awards 2022. It honours the top organisations in Africa who are exemplary in HR.

The judges for the award considered business progress based on public available information and many aspects of people/HR strategies including talent management and development; diversity and inclusion; women empowerment; promoting and managing health in the workplace; and CSR initiatives.

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