UBA appoints two deputy managing directors, exits of an ED
Nigeria’s United Bank for Africa (UBA) on Tuesday announced the appointment of two deputy managing directors to be in charge of Nigeria operations and African businesses, respectively.
In a regulatory filing to the Nigerian Stock Exchange (NSE), the lender named Ayoku Liadi to be in charge of Nigeria while Oliver Alawuba will overseers African businesses for the banks, but both will be reporting to the Group CEO, Kennedy Uzoka.
The regulatory filing signed by Bili Odum, the company secretary said the creation of the new positions, represents further strategic recognition of the growth of UBA’s pan-African business and the critical importance of Nigeria, the Group’s largest market.
The lender also announced the exit of Dan Okeke from UBA Group Board with effect from August 01, 2020.
Okeke, according to the filing has been with the UBA Group for 22 years and served on the Board as an Executive Director for three terms and a total of nine years.
UBA Group Chairman Tony Elumelu said: “senior appointments represent our commitment to optimise our management structure to best serve our clients and drive our business success.”
Alawuba has worked with the UBA Group for almost 20 years and was appointed in January 2020, CEO for the Group’s Africa operations.
The bank said his knowledge of UBA’s business in Africa is unrivaled. He previously held the role as CEO of UBA in Ghana and more recently, as Regional CEO for UBA in Anglophone Africa.
Liadi joined the UBA Group in 2014 and was appointed the Executive Director of Lagos and West bank in Nigeria, two years later. He is widely recognised for his innovation in driving business development.