Home Business & Economy UBA appoints 5 new executive directors

UBA appoints 5 new executive directors

The United Bank for Africa PLC, the leading pan Africa banking group, with operations in 19 African countries and presence in the London, Paris and New York, has announced the appointment of five new executive directors as members of the Group Board.
According to the bank, the appointments are subject to the approval of the Central Bank of Nigeria (CBN).
The new board members include; Ayo Liadi, Oliver Alowuba, Ibrahim Puri, Uche Ike and Chucks Nweke.
All the listed new board members bring considerable experience to the Board and, as a sign of the depth of internal talent and the Group’s commitment to fostering promotion of its own human capital; all have been promoted from within the Bank.
A statement made available to Daily Champion showed that for instance, Ayo Liadi has over 20 years’ banking experience, having worked in Tier 1 banks in Nigeria and in West Africa, before joining UBA in January 2014 as the Director for Lagos and West Bank, overseeing over 200 branches of UBA.
A Chartered Accountant and graduate of Business Management from the University of Nigeria, Nsukka, Ayo received the Dean’s Award for Outstanding Academic Performance.
Also, Oliver Alawuba, currently the CEO, Africa, Anglophone, joined the UBA Group in 1997. A member of the Association of Bank Directors in Nigeria and also a Catholic Knight, Oliver had previously supervised the Bank’s Public Sector and Personal Banking businesses. Oliver has over 25 years of banking experience.
Ibrahim Puri, currently Directorate Head of the North Bank, is a graduate of Banking and Finance. He joined the UBA Group in 2006 and has contributed immensely to the growth of the Bank in both the private and public sectors. Ibrahim has over 25 years of banking experience.
Uche Ike, the Group Chief Risk Officer, is a Chartered Accountant, with an MBA from the University of Benin. He has been with the Group since 2006 and has served in a number of prominent roles, first as Group Head of Operations in South and South East Banks and then for a period of five years, as General Manager at the bank’s New York branch. Uche has over 27 years of banking experience.
Chuks Nweke, currently the Head of Operations and Information Technology, is an accounting graduate of the University of Nigeria at Nsukka (best graduating student) and holds an MBA from the same university. Chuks is also a qualified Chartered Accountant. He has over 25 years of banking experience.

Congratulating the newly appointed Directors, the Group 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”.

“These are exciting times for UBA, and with this leadership, I have no doubt that the Bank will continue on its strong growth trajectory “.

The newly appointed Executive Directors join Kennedy Uzoka, who was appointed as the incoming Group CEO in March 2016. Uzoka will assume his role on August 1, on the retirement of Phillips Oduoza.

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