UBA Group has announced the appointment of two Deputy Managing Directors.
They are Ayoku Liadi and Oliver Alawuba, appointed as Deputy Managing Directors for UBA Nigeria and UBA Africa, respectively and they will report to the Group CEO.
According to a statement from the bank, the creation of the new positions represents a further strategic recognition of the growth of UBA’s pan-African business, now representing in excess of 40% of Group revenue, and the critical importance of Nigeria, the Group’s largest market. It said that combined with UBA’s unique International Business domiciled in New York, London and Paris, UBA Africa and UBA Nigeria offer an unparalleled service offering to clients across Africa and globally.
Commenting on the appointments, the UBA Group Chairman, Mr. Tony Elumelu said that these senior appointments represented the bank’s commitment to optimise its management structure to best serve its clients and drive its business successfully.
Mr. Elumelu explained that UBA set out its pan-African vision in 2005. “Fifteen years later”, he noted, “we are present in 20 African countries, serving over 20 million clients, leveraging our service culture and technology platform, to provide an integrated and seamless customer offering across the continent. In Africa, we lead in innovation and service, whilst our International Business, operating from New York, Paris and London, provides global and African clients access to treasury, trade finance and corporate banking products, uniquely tailored to the African opportunity”.
Oliver Alawuba, the new Deputy MD of UBA Africa, has worked with the UBA Group for almost 20 years and was appointed CEO for the Group’s Africa operations last January. He is very knowledgeable of UBA’s business in Africa and has previously held the position of CEO of UBA in Ghana and more recently, as Regional CEO for UBA in Anglophone Africa.
Ayo Liadi, DMD of UBA Nigeria, joined the UBA Group in 2014 and was appointed the Executive Director of Lagos and West bank in Nigeria, two years later. Ayo is widely recognised for his innovation in driving business development.
Also announced yesterday was the retirement from the Board with effect from 1st August, 2020 of Dan Okeke who has been with the UBA Group for 22 years. Dan served on the board as an Executive Director for three terms, for a total of nine years. According to the Group Chairman, “Dan was born for UBA. He has worked tirelessly for the Group and achieved so much in the past two decades. We will miss him, but he will still be very much around us”.
