UnionBank PR Team | September 24, 2018
UnionBank was recently honored anew by London-based International Banker, considered by many as the Bible of finance professionals around the world. The Bank was cited for its innovation and leadership as published in its Summer 2018 issue.
The first of these awards is the Best Innovation in Retail Banking in the Philippines 2018 – the same accolade the bank received in 2016 – amid its relentless pursuit to deliver best-in-class banking platforms to address changing customer needs and deliver outstanding customer experiences.
According to the magazine’s editors, what made UnionBank special was its battle cry to “not leave any employee behind”, a promise made by UnionBank President – and now CEO – Edwin Bautista in 2016, at the start of his presidency. Bautista made clear his plans to “future-proof” UnionBankers by retooling them, so they can move seamlessly from a job that may be impacted by digitization to the many new jobs that are and will continue emerging.
Today, UnionBank has established itself as a leader in digital banking, demonstrating that total digital transformation is first about getting people to embrace technology and use this in so many innovative ways, to be more productive and, thus, provide best customer service for all, on the journey to inclusive prosperity.
In recognition of Bautista’s clear vision, excellent strategy and exemplary leadership skills and the passion, agility, and innovativeness that the entire UnionBank team has shown, the International Banker also awarded Bautista as the Banking CEO of the Year Asia – an honor that Bautista wholeheartedly shares with all UnionBankers.
“We are embracing technology totally. It is no longer an exercise in acquiring competitive advantage. It’s a matter of survival,” Bautista said.
Bautista encouraged UnionBankers to continue embodying the bank’s values of Magis or doing more, doing better and greater, and Ubuntu or having compassion for the community.
The future will be about empowerment, collective leadership, and co-creation. We are using both the strength of our past and the innovation of the present to forge a future that will see us transform again and again into the best versions of ourselves.
– Edwin Bautista
President and CEO
The International Banker recognizes leading banking institutions and individuals that have set the bar for industry excellence through its annual Banking Awards.
In 2016, the magazine also awarded UnionBank as the Best Commercial Bank in the Philippines apart from Best Innovation in Retail Banking.