December 1, 2022

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UBA pronounces Alawuba as new GMD, Akinyemi DMD,  3 others  EDs… Keshi, 5 others retire


The United Financial institution for Africa Plc, Africa’s world financial institution, Monday introduced the appointment of Oliver Alawuba as Group Managing Director overseeing your complete Group’s banking operations throughout its twenty African nation networks and globally in the UK, the USA of America, France, and the United Arab Emirates.

This was contained in a press release by the Financial institution’s Media Relations Unit, a replica of which was despatched to Blueprint in Abuja.

Alawuba joined UBA in 1997 and held sequence of senior positions, together with the CEO of UBA Ghana, the CEO of UBA, Africa and most lately, as Group Deputy Managing Director.

UBA Group Chairman Tony Elumelu stated: “I’m very happy to announce Oliver Alawuba as the brand new Group Managing Director of the UBA Group. Oliver has intensive expertise in Nigeria and our African community and is nicely outfitted to advance our pan-African and world technique. I’ve little doubt that Oliver will construct on the legacy of Kennedy Uzoka, who has exemplified transformational management by championing a customer-first philosophy; launching our twentieth operation in Africa, UBA Mali; buying a wholesale banking licence for UBA UK in the UK; and opening our fourth world operation, UBA Dubai, within the United Arab Emirates.”

In his acceptance speech, Mr. Alawuba expressed his dedication to his new position as Group Managing Director.

“I’m grateful for the chance to steer this nice establishment and wish to thank the UBA Group Chairman and the members of the Board of Administrators for the boldness they’ve put in me to ship the mandate,” he stated.

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Alawuba took on his new place August 1, 2022, topic to approval by the Central Financial institution of Nigeria.

“Equally appointed is Muyiwa Akinyemi as Deputy Managing Director.  Muyiwa joined UBA in 1998 as a Senior Banking Officer in UBA’s Power Financial institution, and has served the Group in Nigeria and our broader Africa community for 24 years,” the financial institution stated.

Different government appointments are  Ms. Sola Yomi-Ajayi, Government Director, Treasury and Worldwide Banking. Sola has been with the Group since 2004 and has appreciable worldwide expertise, culminating in her appointment as CEO of UBA America.

Additionally, Mr. Ugochukwu Nwagodoh was appointed Government Director Finance and Threat Administration. Ugo joined the Group from PwC in October 2004 and has since held a sequence of serious roles within the areas of efficiency administration, compliance, monetary management and reporting.

Equally,   Mr. Alex Alozie was appointed Government Director and Group Chief Working Officer. He joined the Group in 2019 and has pushed the Group’s digital transformation and operational efficiencies.

The financial institution additionally introduced the appointment of Ms. Emem Usoro, Government Director, North Financial institution.

Emem joined the Group in 2011 and served in a sequence of senior regional appointments throughout Nigeria, overlaying the retail, company and public sectors.

These retired

In the meantime, the Board has introduced “the retirement of the next Government Administrators who’ve accomplished their tenor, a lot of whom will proceed to serve the broader Group upon regulatory approval of a holding firm construction.”

They’re  Mr. Kennedy Uzoka,  Mr. Uche Ike,  Mr. Chukwuma Nweke,   Mr. Ibrahim Puri and   Mr. Chiugo Ndubisi.

An extra announcement was made on the retirement of a Non-Government Director, Ambassador Joe C. Keshi, who served as Vice Chairman of the board.  His retirement took impact from August 1, 2022 after a completion of his tenure of twelve years.

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“The Group Chairman congratulated the retiring Administrators on the completion of their tenors and their exemplary information.

“United Financial institution for Africa is without doubt one of the largest employers within the monetary sector on the African continent; with 25,000 workers’ group extensive and serving over 35 million clients globally.  Working in twenty African nations and in the UK, the USA of America, France and the United Arab Emirates, UBA offers retail, business and institutional banking providers, main monetary inclusion and implementing leading edge expertise,” the assertion stated.