The primary significant change that occurred in the structure was the move of UBL's possession to Abu Dhabi Group and Bestway Financial Advisors. This was the principal aftereffect of privatization as has been clarified in the past sections. The auxiliary changes in UBL prompt to arrangement of discrete offices and divisions. Before privatization one chief was in charge of organizing all exercises and overseeing all errands whether it be operations, deals or back. After the new administration assumed control, distinctive undertakings were relegated to various offices and parts and duties were characterized. The new capacities that were shaped in the association included Sales and advancement, IT, Operations and the fund office was changed.…show more content… Be that as it may, in the year 2002, they built up a course for the bank and its kin:
"With quickened endeavors of our profoundly energetic expert groups upheld by the most noteworthy guidelines of morals and social obligation United Bank plans to rise as a pioneer in regard of business improvement and excellent client benefit. Clients will be the focal point of all that we do. The vision, values and new culture will be founded on minding and sharing. Our dynamic targets, in this manner, incorporate consumer loyalty, ceaseless change in administration and authoritative magnificence."
The goals built by UBL are to build its success in Corporate and Investment Banking by having a greater focus on retail and commercial customers. The strategic initiatives include a distinct business relationship with clients, a broader array of products and services, sound professional advice and user focused IT systems. The dynamic post privatization strategy was described in their first magazine issue after privatization which is as follows:
As a distinct quality of bankers we will convert challenges into opportunities by winning hearts of our colleagues and the…show more content… The objectives and values as far as inventive items and administrations prompt to current expert lines to enhance the level of administrations to all the current and future customers of UBL. While automation in UBL started as ahead of schedule as 1963, the bank additionally led the pack in presenting PCs in saving money operations in Pakistan. The clench hand PC was introduced in 1966 and in 1968 UBL introduced the most current IBM PCs of that time in the essential urban communities of the nation. UBL additionally gives Cash Management administrations to the money related organizations through its Information and Technology Centers effectively. The presentation of email and the bank's own particular site, worldwide Fax benefit made the start of another period in the UBL managing an account business in the nation and universal exchange archives can be transmitted comprehensively in a matter of moments. UBL set up a wide ATM arrange in different urban areas of Pakistan which is connected with different organizations and