UBA appoints deputy managing directors for Nigeria, Africa
The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has announced the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses, respectively.
The bank, in a statement, said the creation of the new positions, reporting to the Group Chief Executive Officer, Mr. Kennedy Uzoka, represents further strategic recognition of the growth of UBA’s pan-African business. Representing in excess of 40 per cent of the group’s revenue, Nigeria is now the group’s largest market.
Combined with UBA’s unique international business model, which operates from New York, London and Paris, UBA Africa and Nigeria offer an unparalleled service offering to clients across Africa and the world.
Commenting on the appointments, UBA Group Chairman, Tony Elumelu, said: “In 2005, we set out our pan-African vision. Fifteen years later, we are present in 20 African countries, serving over 20 million clients, leveraging our service culture and technology platform to provide an integrated and seamless customer offering across the continent.
“The leading bank, living up to its billing as ‘Africa’s global bank’, has made giant strides in the African continent and beyond. In Africa, we lead in innovation and service, whilst our international business, operating from New York, Paris and London, provides global and African clients access to treasury, trade finance and corporate banking products, uniquely tailored to the African opportunity.”
“These senior appointments represent our commitment to optimise our management structure to best serve our clients and drive our business success,” Mr. Elumelu added.
Mr. Alawuba has worked with the UBA Group for almost 20 years and was appointed in January 2020, CEO for the group’s Africa operations. His knowledge of UBA’s business in Africa is unrivalled. He previously held the role as CEO of UBA in Ghana and more recently, as Regional CEO for UBA in Anglophone Africa.
On the other hand, Mr. Liadi joined the UBA Group in 2014 and was appointed the Executive Director of Lagos, two years later. He is widely recognised for his innovation in driving business development.
The bank also announced the retirement of Dan Okeke from the board with effect from August 01, 2020. Mr. Okeke has been with the UBA Group for 22 years. He served on the board as an Executive Director for three terms and a total of nine years.
According to Mr. Elumelu, “Dan was born for UBA. He has worked tirelessly for the group and achieved so much in the past two decades. We will miss him, but he will still be very much around us.”
UBA is one of the largest employers in the financial sector on the African continent, with approximately 20,000 employees, group wide and serving over 20 million customers. Operating in 20 African countries and globally in the United Kingdom, the United States and France, UBA provides retail, commercial and institutional banking services, leading financial inclusion and using cutting edge technology to deliver its products. One of such products is the first ever banking chat bot in Africa, LEO.
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