United Bank for Africa (UBA), the group of philanthropist banker Tony Elumelu, has announced the appointment of Oliver Alawuba as Group Managing Director (GMD).
By Bylkiss Mentari
After joining United Bank for Africa (UBA) in 1997 and holding a series of senior positions, including as the CEO of UBA Ghana, CEO of UBA Africa and most recently as group deputy managing director, Oliver Alawuba was appointed Group Managing Director in early August.
“Oliver has extensive experience in Nigeria and our African network and is well equipped to advance our pan-African and global strategy”
« I am very pleased to announce Oliver Alawuba as the new Group Managing Director of the UBA Group. Oliver has extensive experience in Nigeria and our African network and is well equipped to advance our pan-African and global strategy. I have no doubt that Oliver will build on the legacy of Kennedy Uzoka, who has exemplified transformational leadership by championing a customer-first philosophy; launching our twentieth operation in Africa, UBA Mali; acquiring a wholesale banking license for UBA UK in the United Kingdom; and opening our fourth global operation, UBA Dubai, in the United Arab Emirates,” said UBA Group Chairman, Tony Elumelu.
The bank said the appointment takes effect from August 1, 2022, subject to approval by the Central Bank of Nigeria (CBN).
Alawuba will be overseeing all the group’s banking operations in its African network and globally: in the United Kingdom, the United States of America, France and the United Arab Emirates.
« I am grateful for the opportunity to lead this great institution”
“I am grateful for the opportunity to lead this great institution and would like to thank the UBA Group Chairman and the members of the Board of Directors for the confidence they have put in me to deliver the mandate,” said Olivier Alawuba.
United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 35 million customers globally.
Operating in twenty African countries and in the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.
