{"id":69932,"date":"2019-10-18T20:29:12","date_gmt":"2019-10-18T19:29:12","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=69932"},"modified":"2019-10-18T20:29:12","modified_gmt":"2019-10-18T19:29:12","slug":"uba-honours-kola-jamodu-after-12-years-of-service-assures-of-solid-governance-processes","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/uncategorized\/uba-honours-kola-jamodu-after-12-years-of-service-assures-of-solid-governance-processes\/","title":{"rendered":"UBA Honours Kola Jamodu after 12 Years of Service; Assures of Solid Governance Processes"},"content":{"rendered":"<div id=\"m3141843127289590759\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\"><\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \">\n<div class=\"clear\">\n<p><span lang=\"EN-GB\">Pan African financial institution, United Bank for Africa (UBA) Plc has assured investors and shareholders of her continuous adherence to solid corporate governance processes as the bank honoured its ex-director, Chief Kola Jamodu.<\/span><\/p>\n<p><span lang=\"EN-GB\">In a glitzy cocktail event and dinner in his honour at the\u00a0<\/span><span lang=\"EN-GB\">Transcorp Hilton Hotel, Abuja, on Thursday, Jamodu was celebrated for his service on the bank\u2019s board for 12 years as a non-Executive director. Accolades were poured on him, for his remarkable contributions to the group over the period that have helped solidify the bank\u2019s footprints in its many countries of operations.\u00a0<\/span><\/p>\n<p><span lang=\"EN-GB\">Speaking at the event, UBA\u2019s Group Chairman, Tony O. Elumelu, commended Jamodu\u2019s efforts at contributing towards the strong corporate governance policies which UBA currently boasts of.<\/span><\/p>\n<p><span lang=\"EN-GB\">He said, \u201c<\/span><span lang=\"EN-GB\">Chief Jamodu is a great Nigerian, a respected man and a great non-executive director to UBA. He has been wonderful and instrumental to today\u2019s current standing of UBA across our 20 presence countries in Africa as well as in America, United Kingdom and in Paris. He was on the board of UBA for 12 years, and in line with corporate practices, which says at the end of 12 years, you retire from the board, he is retiring and we are here to celebrate his contribution to the bank.\u201d<\/span><\/p>\n<p><span lang=\"EN-GB\">While reeling off some of Jamodu\u2019s many achievements, Elumelu said, \u201cHe has been extremely supportive to UBA; he served as Chairman of Board Risk Committee, and he has all the experience &#8211; a chartered accountant, extremely astute, chairman of Nigerian Breweries, chairman of PZ, chairman of Nutricima; former minister of industry; a great tax expert, financial and management expert and UBA has been extremely lucky to have him on our board for 12 years. So to him and his family, we say thank you for all the support, for the teachings, for being generous with knowledge and for asking those hard questions that made us solidify our governance processes here at UBA.\u201d<\/span><\/p>\n<p><span lang=\"EN-GB\">On his part, the Group Managing Director\/Chief Executive Officer, Kennedy Uzoka, explained in fine details the impact that Jamodu\u2019s experience has had on the bank, adding that he was able to help UBA navigate through some challenges that have now made the bank come out even stronger.<\/span><\/p>\n<p><span lang=\"EN-GB\">He said, \u201cChief Kola Jamodu is a very astute financial manager with diverse experience; he is someone that has helped us as managers to look into areas that we may not have looked into. During his time, he helped us to navigate critical issues, and now UBA America is a bank on its own as is UBA UK. He was always asking the right questions which others would have missed, and this is what helped us be where we are today. He started with us when we had just a few countries of operation and now today, UBA is operating in 23\u00a0 countries. Kudos to Jamodu, he will be missed.\u201d<\/span><\/p>\n<p><span lang=\"EN-GB\">Jamodu, who attended the event with his beautiful wife Funmilayo, thanked the bank for the opportunity given to him to contribute to the growth of the UBA Group, adding that\u00a0<\/span><span lang=\"EN-GB\">as a board member one should be able to have an impact in the way things are being done, in governance principles and much more.<\/span><\/p>\n<p><span lang=\"EN-GB\">Speaking on his most memorable achievements on the board, he said, \u201cI am very happy today that loan loss provisioning in UBA is one of the lowest because of the way we have handled those issues. My door is quite open and I will continue to offer what I can to ensure that this bank which I am still very much a part of continues to flourish.\u00a0 My advice to the board, is that they should continue to ensure good succession planning which is very important.\u201d<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\"><\/div>\n<\/div>\n<div id=\"conversation-footer\" class=\"spacer\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Pan African financial institution, United Bank for Africa (UBA) Plc has assured investors and shareholders of her continuous adherence to solid corporate governance processes as the bank honoured its ex-director,&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":69933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-69932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UBA Honours Kola Jamodu after 12 Years of Service; Assures of Solid Governance Processes - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/uncategorized\/uba-honours-kola-jamodu-after-12-years-of-service-assures-of-solid-governance-processes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UBA Honours Kola Jamodu after 12 Years of Service; Assures of Solid Governance Processes - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Pan African financial institution, United Bank for Africa (UBA) Plc has assured investors and shareholders of her continuous adherence to solid corporate governance processes as the bank honoured its ex-director,&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/uncategorized\/uba-honours-kola-jamodu-after-12-years-of-service-assures-of-solid-governance-processes\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-18T19:29:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2019\/10\/F57FBD9B-EF5B-4249-A4FC-28166EA42067.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1203\" \/>\n\t<meta property=\"og:image:height\" content=\"858\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/uncategorized\/uba-honours-kola-jamodu-after-12-years-of-service-assures-of-solid-governance-processes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/uncategorized\/uba-honours-kola-jamodu-after-12-years-of-service-assures-of-solid-governance-processes\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"UBA Honours Kola Jamodu after 12 Years of Service; 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