UBA has announced the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors reporting to Group CEO, Kennedy Uzoka. In their capacity as Deputy MDs, they will oversee UBA’s Nigeria and Africa businesses, respectively.
The creation of the new positions represents further strategic recognition of the growth of UBA’s pan-African business. Commenting on the appointments, Group Chairman Tony O. Elumelu said:
“In 2005, we set out our pan-African vision. Fifteen years later, we are present in 20 African countries, serving over 20 million clients. We have leveraged 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. These senior appointments represent our commitment to optimise our management structure to best serve clients and drive our business success.”
Oliver and Ayo Early Stages with UBA
Oliver Alawuba has worked with the UBA Group for almost 20 years. In January 2020, he was appointed CEO for the Group’s Africa operations. Oliver’s knowledge of UBA’s business in Africa is unrivalled. He previously held the role as CEO of UBA in Ghana and more recently, as Regional CEO for UBA in Anglophone Africa.
Related: Chipper Cash Raises $13.8m in Series A Funding Round
Ayo Liadi 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 today by the UBA Group Board, was the retirement from the Board with effect from August 01, 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 and 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’.
UBA, a leading pan-African financial services group is one of the largest employers in the financial sector on the African continent. The group has approximately 20,000 employees serving over 20 million customers. They operate in 20 African countries and globally in the United Kingdom, the United States and France. UBA provides retail, commercial, and institutional banking services. They also provide leading financial inclusion and implementation of cutting-edge products such as the first-ever banking chatbot in Africa, LEO.