· Oliver Alawuba appointed CEO, UBA Africa;
· Abdoul-Aziz Dia, Executive Director, Treasury and
· Chukwuma Nweke, Executive Director, Retail and Payments;
· Chiugo Ndubisi, Executive Director & Group Chief Operating
LAGOS, NIGERIA, JANUARY 06, 2020, United Bank for Africa Plc (UBA)
today, announced that Oliver Alawuba has been appointed as CEO of UBA
Africa, overseeing the bank’s 20 African country operations,
ex-Nigeria. He succeeds Victor Osadolor, who retires from the Group
Board, after 9 years of service working at UBA. UBA Africa serves over
19 million customers across the African continent, providing retail,
commercial and institutional banking services, leading financial
inclusion and implementing cutting edge products including the first
ever banking chat bot in Africa, LEO.
Mr. Alawuba has close to three decades of banking industry experience.
He was once the CEO of UBA Ghana and rose to become Regional CEO, UBA
Africa before returning to Nigeria to run UBA’s East Bank. Under his
leadership, UBA’s Nigerian East Bank division became the fastest
growing regional bank in the Group.
The Board further appointed Senegalese national, Abdoul-Aziz Dia as
Executive Director for Treasury and International Banking, subject to
the approval of the Central Bank of Nigeria. Aziz becomes the first
non-Nigerian Group Executive Director of the Bank, bringing a wealth of
multi geographical experience to the Group. Mr Dia will be responsible
for UBA’s global network of operations in New York, London and Paris,
together with Group Treasury, where UBA offers a sophisticated suite of
products to multinationals, international institutions and African
Chukwuma Nweke, currently the Executive Director Operations, was
confirmed by the Board as the Group Executive Director, Retail and
Payments, demonstrating the Group’s commitment to its retail offering.
Chuks has close to three decades of banking experience spanning Banking
Operations, Finance, Technology, Audit and Strategy.
The Board also announced the appointment of Chiugo Ndubisi as Group
Executive Director and the Group Chief Operating Officer, subject to the
approval of the Central Bank of Nigeria. Chiugo is a professional with
almost three decades of banking experience that includes the role of
Chief Finance Officer(CFO) and Executive Director on the board of a
financial institution. His in-depth understanding of banking and finance
industry dynamics will bring a lot of value to the Group Board of UBA.
Speaking on the appointments, Group Chairman Tony O. Elumelu said
“These appointments emphasise the Group’s commitment to our
pan-African and global network, our huge retail client base and our
operational infrastructure. We are focused on improving our efficiency
and further strengthening our pan-African mission, using the
extraordinary pool of talent and experience available in the Group.”
Elumelu thanked both the outgoing Deputy Managing Director/CEO, UBA
Africa, Mr. Victor Osadolor, and the former Regional CEO for UBA in East
and Southern Africa, Emeke Iweriebor, who just retired from the board,
for their contributions to the Bank. “Victor and Emeke were key
players during the merger of Standard Trust Bank and UBA and have been
valuable contributors to the growth of the Bank. We wish them well”.
The Board appointments underline UBA’s broader commitment to investing
in the highest quality human capital. The Bank recently reformed its
grade structure and technology teams, having reduced its grade structure
from 16 to 12 levels, at the end of 2019. The Bank welcomed 3,000 new
staff members in 2019 and promoted over 5,000 employees. UBA is the
largest employer in the Nigerian banking sector, with a staff strength
of close to 20,000 employees group wide.