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UBA Appoints 5 Executive Directors

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United Bank for Africa Plc has appointed five executive directors to the group’s board. Those appointed are Mr. Ayoku Liadi, Executive Director, Lagos and West Bank; Mr. Oliver Alawuba, ED/CEO, UBA Africa-Anglophone; Mr. Ibrahim Puri, ED, North Bank; Mr. Uche Ike, ED, Risk Management & Compliance and Mr. Chukwuma Nweke, ED, Operations & Technology.

The appointment, according to the bank in a filing with the Nigerian Stock Exchange, NSE, was subject to the Central Bank of Nigeria (CBN)’s approval and signalled the depth of internal talent and the group’s commitment to fostering promotion of its own human capital as all the EDs were promoted from within the bank.

The newly-appointed EDs join Kennedy Uzoka, who was appointed as the incoming Group CEO in March. Uzoka will assume his role on August 1, on the retirement of Phillips Oduoza.

Congratulating the newly-appointed Directors, the Chairman, Tony Elumelu, said: “These appointments will greatly assist in the plans we have to transform the UBA Group into a truly customer-led bank and the foremost financial institution in Africa.”

The appointment of five executive directors is a visible manifestation of the group’s strategic intent, Elumelu added.

The incoming CEO, Uzoka, said: “I am extremely optimistic about the future of the bank; these appointments show the strength of the talent available within UBA and demonstrate our commitment to institutionalisation.

“We could not have put together a better executive leadership team.”

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