United Bank for Africa Plc (UBA) has announced the appointments of Ayoku Liadi and Oliver Alawuba as deputy managing directors in charge of its Nigeria and Africa businesses respectively.
The creation of the new positions, reporting to Group CEO, Kennedy Uzoka, represents further strategic recognition of the growth of UBA’s pan-African business, now representing in excess of 40 per cent of group revenue, and the critical importance of Nigeria, the group’s largest market.
Commenting on the appointments, Group Chairman, Tony 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, 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. These senior appointments represent our commitment to optimise our management structure to best serve our clients and drive our business success.”
Mr Alawuba has worked with the UBA Group for almost 20 years and was appointed in January 2020 as CEO for the Group’s Africa operations. He previously held the role as CEO of UBA in Ghana and more recently, as Regional CEO for UBA in Anglophone Africa.
Mr Liadi, on the other hand, 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 by the UBA Group Board is the retirement of Dan Okeke from the board with effect from August 01, 2020.
Mr Okeke has been with the UBA Group for 22 years. He served on the board as an executive director for three terms and a total of nine years.
Mr Elumelu said: “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.”
