United Bank for Africa Plc (UBA), the leading pan-African financial
services group, is pleased to announce the appointments of Ayoku Liadi
and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s
Nigeria and Africa businesses, respectively.
The creation of the new positions, reporting to Group CEO, Kennedy
Uzoka, represents further strategic recognition of the growth of UBA’s
pan-African business, now representing in excess of 40% of Group
revenue, and the critical importance of Nigeria, the Group’s largest
market. Combined with UBA’s unique International Business, operating
from New York, London and Paris, UBA Africa and Nigeria, offer an
unparalleled service offering to clients across Africa and globally.
Commenting on the appointments, Group Chairman Tony O. 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. 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 optimize our management
structure to best serve our clients and drive our business success.”
Oliver Alawuba has worked with the UBA Group for almost 20 years and was
appointed in January 2020, CEO of the Group’s Africa operations.
Oliver’s knowledge of UBA’s business in Africa is unrivaled. He
previously held the role of CEO of UBA in Ghana and more recently, as
Regional CEO for UBA in Anglophone Africa.
Ayo Liadi joined the UBA Group in 2014 and was appointed the Executive
Director of Lagos and West bank in Nigeria, two years later. Ayo is
widely recognised for his innovation in driving business development.
Also announced today by the UBA Group Board, was the retirement from the
Board with effect from August 01, 2020, of Dan Okeke who has been with
the UBA Group for 22 years. Dan served on the board as an Executive
Director for three terms and a total of nine years. According to the
Group Chairman, ‘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 implementing cutting edge products such as the
first-ever banking chatbot in Africa, LEO.