ProvidusBank has been named one of the best workplaces in banking for 2025 by Great Place to Work (GPTW), a global authority on workplace culture.
Newsonspot gathered that the recognition comes at a time when employee wellbeing, hybrid work, and organisational culture are taking center stage in the global banking industry. According to GPTW, the award is based largely on staff feedback – an increasingly important measure of how organisations adapt to shifting workforce expectations.
Founded in 2016 by Walter Akpani, who restructured United Mortgage Bank into the digitally-driven ProvidusBank, the institution has earned praise for fostering a supportive and inclusive environment where employees feel engaged and motivated.
Kingsley Ogirri, Group Head of Human Resources, said the award reflects the experiences of employees:
“It is proof that the policies and programmes we have put in place are making a difference, from opportunities for growth, to wellness initiatives, to creating a space where everyone feels valued.”
Managing Director and CEO, Walter Akpani, described the accolade as a tribute to staff:
“Our people are at the very heart of what we do. This recognition is a tribute to their hard work, creativity and dedication.”
Industry experts note that workplace culture has become a defining issue for banks worldwide. A Deloitte survey in 2024 showed that over 60% of banking professionals ranked wellbeing and flexibility above salary. In Nigeria, long hours, tough targets, and economic pressures have heightened workplace stress, making initiatives like ProvidusBank’s especially important.
While fintech firms are often praised for progressive work environments, ProvidusBank’s recognition shows that traditional banks are also making strides in flexible policies, mental health support, and professional development.
GPTW highlights that top workplaces consistently show high levels of trust between staff and management – a growing competitive advantage in industries where talent retention is critical.
For ProvidusBank, this milestone not only validates its efforts but also strengthens its vision of remaining an employer of choice in Nigeria’s banking sector.
