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Internship Report on UBL 3

Internship Report on UBL 3

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Published by M umar

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Published by: M umar on Dec 19, 2011
Copyright:Attribution Non-commercial

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08/05/2015

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Executive Summary
Un
ited Ba
nk 
Limited
is one of the banks playing a very important role in theeconomic development of Pakistan. It¶s providing high quality services, managecustomer experience efficiently, have comparative advantage due to its innovativetechnology and provide high profit to its stakeholder.In order to maintain and improve its services in the competitive marketUBL Human Resource Department plays a very important role. You will find inthis report the complete HR function of UBL. The Vision, Mission and themethods followed by UBL for analyzing and evaluating its Jobs. How UBLrecruit and select new employees. The methods used by UBL training anddeveloping new skills in their employees. The methods used for performanceappraisal of its job incumbents. Compensations and benefits provided by UBL toits employees and some other HR Functions.
COMPANY GENERAL OVERVIEW
Vision
To be a world class bank dedicated to excellence, and to surpass the highest expectations of ourcustomers and all other stakeholders.
Mission
Our mission is to:
y
 
S
et the highest industry standard for quality, across all areas of operation, on a sustained basis.
y
 
Optimize people, processes and technology to deliver the best possible financial solution to ourcustomers.
y
 
B
ecome the most sought after investment, and
 
 
y
 
B
e recognized as the employer of choice.
Br
ief 
H
istory of 
U
BL
 
Un
ited Ba
nk 
Limited
was established in November 1959. The bank was sponsored by thesaigol Group of Companies, which were the mainstay of the textile industry in Pakistan atthat time. Within a short period of time, the bank emerged as the third largest in thecountry after HBL and NBP. The bank was nationalized in 1974. Later on another bank thecommerce bank limited was merged into UBL.The UBL Board of Directors of are:Highness Shaikh Nahayan Mabarak Al Nahayan ChairmanSir Mohammed Anwar Pervez OBE Deputy ChairmanMr. Atif R. Bokhari President & CEOMr. Omar Ziad Jaafar Al Askari Director Mr. Zameer Mohammed Choudrey Director Mr. Ahmad Waqar Director Dr. Ashfaque Hasan Khan Director Mr. Aqeel Ahmed Nasir Company Secretary & Chief LegalMr. Abdul Pauf Malik Director Mr. Ameer Karachi wall Chief Financial Officer The Bank is currently operating 1056 Branches Domestically and 15 BranchesOverseas (USA, Qatar, UAE, Bahrain and Republic of Yemen).
U
BL
hold 51% of itstotal shares other 49% shares are owned by Government. After the privatization of  banking sector in Pakistan
U
BL
implemented its strategies to achieve the comparativeadvantage in the Market place.
U
BL
subsidiaries are:
 
 
y
 
United Bank AG Zurich, Switzerland
 
y
 
United National Bank Limited, UK 
 
y
 
UBL Fund Managers Limited
 
O
rga
niz
at
ion
al
O
rga
no
gram:
 
 
H
uman ResourceDept.Customer
S
ervicesInformationDepartmentAdmin &
S
ecurityMarketingDepartmentFinanceDepartment

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