Business
UBA Appoints New CEO
The United Bank for Africa Plc (UBA) on Monday, announced the appointment of Oliver Alawuba as CEO of UBA Africa, overseeing the bank’s 20 African country operations, ex-Nigeria.
Alawuba succeeds Victor Osadolor, who retires from the Group Board, after 9 years of service working at UBA.
The Board further appointed Senegalese national, Abdoul-Aziz Dia as Executive Director for Treasury and International Banking, subject to the approval of the Central Bank of Nigeria.
Chukwuma Nweke, currently the Executive Director Operations, was confirmed by the Board as the Group Executive Director, Retail and Payments, demonstrating the Group’s commitment to its retail offering.
The Board also announced the appointment of Chiugo Ndubisi as Group Executive Director and the Group Chief Operating Officer, subject to the approval of the Central Bank of Nigeria.
Speaking on the appointments, Group Chairman Tony O. Elumelu said “These appointments emphasise the Group’s commitment to our pan-African and global network, our huge retail client base and our operational infrastructure.
“We are focused on improving our efficiency and further strengthening our pan-African mission, using the extraordinary pool of talent and experience available in the Group.”
On his own part, the Group Managing Director/Chief Executive Officer of the bank, Kennedy Uzoka, said the company became highest employer of labour among Nigerian banks with a staff strength which had peaked close to 20,000.
He said, “The bank crashed its grade levels to 12 levels, from entry level to the top of the pyramid were previously it had been 16 levels. This means that staff will now find it much easier to attain top leadership management positions at UBA as their careers progress much faster.
“In a massive recruitment drive , over 4,000 new staff members resumed in the last week of December 2019 in Nigeria alone at the bank. UBA currently stands as the highest employer of labour among Nigerian banks with a staff strength of close to 20,000.”
Uzoka said the bank was continually seeking new ways to improve the fortunes of its staff as they were the backbone of the organisation.
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