Sat. Nov 23rd, 2024
UBA Dividend

By Dipo Olowookere

Two new deputy managing directors have been appointed for the Nigerian and African arms of United Bank for Africa (UBA) Plc.

The appointees are Mr Ayoku Liadi and Mr Oliver Alawuba, who will serve as DMD UBA Nigeria and DMD UBA Africa respectively.

They will both be reporting to the Group CEO of UBA, Mr Kennedy Uzoka, a statement from the leading pan-African financial services group said.

Mr Ayo Liadi joined the UBA Group in 2014 and was appointed the Executive Director of Lagos and West bank in Nigeria, two years later. He is widely recognised for his innovation in driving business development.

For Mr Oliver Alawuba, he has worked with the UBA Group for almost 20 years and was appointed in January 2020, CEO for the Group’s Africa operations and his knowledge of UBA’s business in Africa is said to be unrivalled.

He previously held the role as CEO of UBA in Ghana and more recently, as Regional CEO for UBA in Anglophone Africa.

“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.

“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,” Chairman of UBA, Mr Tony Elumelu, commented on the appointments.

Also, the lender announced the retirement of an executive director on the UBA board, Mr Dan Okeke, with effect from August 1, 2020 after 22 years with the organisation.

Mr Okeke served on the board for three terms and a total of nine years, with Mr Elumelu commentiong that, “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.”

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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