{"id":71213,"date":"2020-01-07T20:10:02","date_gmt":"2020-01-07T19:10:02","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=71213"},"modified":"2020-01-07T20:10:02","modified_gmt":"2020-01-07T19:10:02","slug":"uba-africas-global-bank-announces-appointments-to-group-board-and-africa-operations-underlining-importance-of-african-and-global-business-lines","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/uba-africas-global-bank-announces-appointments-to-group-board-and-africa-operations-underlining-importance-of-african-and-global-business-lines\/","title":{"rendered":"UBA &#8211; AFRICA\u2019S GLOBAL BANK &#8211; ANNOUNCES APPOINTMENTS TO GROUP BOARD AND AFRICA OPERATIONS \u2013 UNDERLINING IMPORTANCE OF AFRICAN AND GLOBAL BUSINESS LINES"},"content":{"rendered":"<p>\u00b7\u00a0 \u00a0 \u00a0 \u00a0Oliver Alawuba appointed CEO, UBA Africa;<\/p>\n<p>\u00b7\u00a0 \u00a0 \u00a0 \u00a0Abdoul-Aziz Dia, Executive Director, Treasury and<br \/>\nInternational Banking;<\/p>\n<p>\u00b7\u00a0 \u00a0 \u00a0 \u00a0Chukwuma Nweke, Executive Director, Retail and Payments;<\/p>\n<p>\u00b7\u00a0 \u00a0 \u00a0 \u00a0Chiugo Ndubisi, Executive Director &amp; Group Chief Operating<br \/>\nOfficer.<\/p>\n<p>LAGOS, NIGERIA, JANUARY 06, 2020, United Bank for Africa Plc (UBA)<br \/>\ntoday, announced that Oliver Alawuba has been appointed as CEO of UBA<br \/>\nAfrica, overseeing the bank\u2019s\u00a0 20 African country operations,<br \/>\nex-Nigeria.\u00a0 He succeeds Victor Osadolor, who retires from the Group<br \/>\nBoard, after 9 years of service working at UBA.\u00a0 UBA Africa serves over<br \/>\n19 million customers across the African continent, providing retail,<br \/>\ncommercial and institutional banking services, leading financial<br \/>\ninclusion and implementing cutting edge products including the first<br \/>\never banking chat bot in Africa, LEO.<\/p>\n<p>Mr. Alawuba has close to three decades of banking industry experience.<br \/>\nHe was once the CEO of UBA Ghana and rose to become Regional CEO, UBA<br \/>\nAfrica before returning to Nigeria to run UBA\u2019s East Bank.\u00a0 Under his<br \/>\nleadership, UBA\u2019s Nigerian East Bank division became the fastest<br \/>\ngrowing regional bank in the Group.<\/p>\n<p>The Board further appointed Senegalese national, Abdoul-Aziz Dia as<br \/>\nExecutive Director for Treasury and International Banking, subject to<br \/>\nthe approval of the Central Bank of Nigeria. Aziz becomes the first<br \/>\nnon-Nigerian Group Executive Director of the Bank, bringing a wealth of<br \/>\nmulti geographical experience to the Group.\u00a0 Mr Dia will be responsible<br \/>\nfor UBA\u2019s global network of operations in New York, London and Paris,<br \/>\ntogether with Group Treasury, where UBA offers a sophisticated suite of<br \/>\nproducts to multinationals, international institutions and African<br \/>\nclients.<\/p>\n<p>Chukwuma Nweke, currently the Executive Director Operations, was<br \/>\nconfirmed by the Board as the Group Executive Director, Retail and<br \/>\nPayments, demonstrating the Group\u2019s commitment to its retail offering.<br \/>\nChuks has close to three decades of banking experience spanning Banking<br \/>\nOperations, Finance, Technology, Audit and Strategy.<\/p>\n<p>The Board also announced the appointment of Chiugo Ndubisi as Group<br \/>\nExecutive Director and the Group Chief Operating Officer, subject to the<br \/>\napproval of the Central Bank of Nigeria. Chiugo is a professional with<br \/>\nalmost three decades of banking experience that includes the role of<br \/>\nChief Finance Officer(CFO) and Executive Director on the board of a<br \/>\nfinancial institution. His in-depth understanding of banking and finance<br \/>\nindustry dynamics will bring a lot of value to the Group Board of UBA.<\/p>\n<p>Speaking on the appointments, Group Chairman Tony O. Elumelu said<br \/>\n\u201cThese appointments emphasise the Group\u2019s commitment to our<br \/>\npan-African and global network, our huge retail client base and our<br \/>\noperational infrastructure.\u00a0 We are focused on improving our efficiency<br \/>\nand further strengthening our pan-African mission, using the<br \/>\nextraordinary pool of talent and experience available in the Group.\u201d<\/p>\n<p>Elumelu thanked both the outgoing Deputy Managing Director\/CEO, UBA<br \/>\nAfrica, Mr. Victor Osadolor, and the former Regional CEO for UBA in East<br \/>\nand Southern Africa, Emeke Iweriebor, who just retired from the board,<br \/>\nfor their contributions to the Bank.\u00a0 \u201cVictor and Emeke were key<br \/>\nplayers during the merger of Standard Trust Bank and UBA and have been<br \/>\nvaluable contributors to the growth of the Bank. We wish them well\u201d.<\/p>\n<p>The Board appointments underline UBA\u2019s broader commitment to investing<br \/>\nin the highest quality human capital.\u00a0 The Bank recently reformed its<br \/>\ngrade structure and technology teams, having reduced its grade structure<br \/>\nfrom 16 to 12 levels, at the end of 2019.\u00a0 The Bank welcomed 3,000 new<br \/>\nstaff members in 2019 and promoted over 5,000 employees.\u00a0 UBA is the<br \/>\nlargest employer\u00a0 in the Nigerian banking sector, with a staff strength<br \/>\nof close to 20,000 employees group wide.<\/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>\u00b7\u00a0 \u00a0 \u00a0 \u00a0Oliver Alawuba appointed CEO, UBA Africa; \u00b7\u00a0 \u00a0 \u00a0 \u00a0Abdoul-Aziz Dia, Executive Director, Treasury and International Banking; \u00b7\u00a0 \u00a0 \u00a0 \u00a0Chukwuma Nweke, Executive Director, Retail and Payments;&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":71214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-71213","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 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UBA - AFRICA\u2019S GLOBAL BANK - ANNOUNCES APPOINTMENTS TO GROUP BOARD AND AFRICA OPERATIONS \u2013 UNDERLINING IMPORTANCE OF AFRICAN AND GLOBAL BUSINESS LINES - 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\/news\/uba-africas-global-bank-announces-appointments-to-group-board-and-africa-operations-underlining-importance-of-african-and-global-business-lines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UBA - AFRICA\u2019S GLOBAL BANK - ANNOUNCES APPOINTMENTS TO GROUP BOARD AND AFRICA OPERATIONS \u2013 UNDERLINING IMPORTANCE OF AFRICAN AND GLOBAL BUSINESS LINES - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"\u00b7\u00a0 \u00a0 \u00a0 \u00a0Oliver Alawuba appointed CEO, UBA Africa; 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