{"id":70097,"date":"2019-10-25T06:35:19","date_gmt":"2019-10-25T05:35:19","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=70097"},"modified":"2019-10-25T06:35:19","modified_gmt":"2019-10-25T05:35:19","slug":"ubas-kennedy-uzoka-is-2019-businessdays-bank-ceo","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/ubas-kennedy-uzoka-is-2019-businessdays-bank-ceo\/","title":{"rendered":"UBA&#8217;s Kennedy Uzoka is 2019 BusinessDay&#8217;s Bank CEO"},"content":{"rendered":"<p>Mr. Kennedy Uzoka, the Group Managing Director\/Chief Executive Officer<br \/>\nof Pan African financial institution, United Bank for Africa (UBA) Plc<br \/>\nhas won the much coveted\u00a0 &#8216;BusinessDay&#8217;s Bank CEO&#8217; of the year 2019<br \/>\naward.<\/p>\n<p>Uzoka emerged tops based on his sterling achievements since he assumed<br \/>\nthe position of Group CEO at UBA three years ago.<\/p>\n<p>Kennedy Uzoka has been successful in pulling increased financial<br \/>\nperformances and appreciation of shareholders&#8217; investment.\u00a0 A techie<br \/>\nhimself, he has ensured massive investment in the digitalisation of the<br \/>\nbank&#8217;s activities and processes,\u00a0 particularly the introduction of UBA&#8217;s<br \/>\nchatbot, LEO which is the first of its kind by any financial<br \/>\ninstitutions in Africa.\u00a0 Uzoka has also focused on the consistent<br \/>\nexpansion of UBA&#8217;s\u00a0 activities and services across and beyond the<br \/>\nAfrican continent.<\/p>\n<p>Whilst presenting this award to the GMD, the management of BusinessDay<br \/>\nNewspapers was quoted as saying, &#8220;The visionary leadership of the bank<br \/>\nspearheaded by Uzoka has earned UBA the digital bank of the year<br \/>\nconsistently. The launch of LEO, an artificial intelligence chatbot in<br \/>\nJanuary of 2018\u00a0 has witnessed UBA become the leader in artificial<br \/>\nintelligence. Leo is available on different platforms including<br \/>\nWhatsapp, Facebook and more recently on IOS, the mobile operating system<br \/>\nof Apple Inc.&#8221;<\/p>\n<p>Following Uzoka&#8217;s appointment on August 1st,\u00a0 2016, UBA&#8217;s customer<br \/>\ndeposit has grown by 19.4% to N2.49tn away from the four per cent crunch<br \/>\nwhich had been recorded the previous year, while net loans improved from<br \/>\na 3.3 per cent loss position recorded in 2015, to N1.51tn, representing<br \/>\na huge incline by 45.2 per cent.<\/p>\n<p>The strong growth trajectory has continued, three years after Uzoka&#8217;s<br \/>\nappointment, as seen by the 43 per cent growth in the bank&#8217;s<br \/>\nshareholding fund to N5.01tn in the three \u2013year period, as the bank has<br \/>\nbeen enjoying excellent ratings from credible international financial<br \/>\nrating agencies such as Fitch and Agusto and Co.<\/p>\n<p>Uzoka, who received and acknowledged the award with a keen sense of<br \/>\nhumility and responsibility, said the bank has been focused on putting<br \/>\nthe customer first in all its activities, adding that this has been the<br \/>\nfocal point and driving force of the bank in the past three years.\u00a0 &#8220;Our<br \/>\ncommitment to customer service excellence is translating to strong,<br \/>\noperational and financial efficiency,&#8221; Uzoka said.<\/p>\n<p>He reiterated the bank&#8217;s commitment to continue to put customers at the<br \/>\nforefront of its activities, adding, &#8220;We are focused on adding value to<br \/>\nthe customers as we strive to give them an excellent experience at all<br \/>\ntimes. We do this by having a vivid understanding of our customers and<br \/>\ntheir specific needs, and by effectively monitoring their satisfaction<br \/>\nthrough the feedback mechanism, and more importantly, making valuable<br \/>\nimprovements from their feedback. I am pleased to see\u00a0 we are<br \/>\nincreasingly becoming the bank of choice for individuals and businesses<br \/>\nacross Africa.&#8221;<\/p>\n<p>United Bank for Africa Plc is a leading financial services group in<br \/>\nsub-Saharan Africa, with presence in 20 African countries, as well as<br \/>\nthe United Kingdom, the United States of America and France.<\/p>\n<p>From a single country operation founded in 1949 in Nigeria, Africa&#8217;s<br \/>\nlargest economy, UBA has emerged as a pan-African provider of banking<br \/>\nand other financial services, to 17 million customers globally, through<br \/>\none of the most diverse service channels in sub-Sahara Africa; 632<br \/>\nbusiness offices, 1,750 ATMs, some 13,500 PoS, and a robust online and<br \/>\nmobile banking platform.<\/p>\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>Mr. Kennedy Uzoka, the Group Managing Director\/Chief Executive Officer of Pan African financial institution, United Bank for Africa (UBA) Plc has won the much coveted\u00a0 &#8216;BusinessDay&#8217;s Bank CEO&#8217; of the&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":70098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-70097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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