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    UBA   NGUBA0000001

UNITED BANK FOR AFRICA PLC

(UBA)
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United Bank for Africa : UBA) Group Announces Global Management Appointments - Six New Country CEOs in Africa, International and Senior Group Roles The new CEOs will drive the Group's strategy and activities in Mali, Uganda, Zambia, Senegal, Tanzania and Sierra Leone respectively

07/27/2020 | 09:46am EDT

United Bank for Africa Plc (UBA) (www.UBAgroup.com), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun and Usman Isiaka as chief executive officers of six of its 20 subsidiaries across Africa, subject to regulatory approvals.The new CEOs will drive the Group’s strategy and activities in Mali, Uganda, Zambia, Senegal, Tanzania and Sierra Leone respectively.

In addition, Ogechi Altraide has become the new Head, Retail Banking; Amadao Konate, Head, Treasury & International Payments for UBA America.These international appointments compliment the prior appointments of Sola Yomi-Ajayi as the CEO of UBA America, and Patrick Gutmann as the CEO of UBA UK.UBA provides a full suite of corporate banking products and services to businesses, multilateral institutions and governments transacting from and with Africa.

Earlier this month, UBA announced the appointment of Ayoku Liadi and Oliver Alawuba respectively, as Deputy Managing Directors in charge of the Group’s Nigeria and Africa businesses, attesting to the importance of UBA’s African business and its strategic positioning as "Africa’s Global Bank".

UBA Group Chairman, Tony O. Elumelu, stated "The appointments further reflect the strong growth of the Group's pan-African businesses, currently responsible for over 40% of total Group revenue and the increasing importance of our international businesses in London, Paris and New York, offering superior treasury, trading and corporate banking solutions to clients globally.We are committed to catalysing growth on the African continent and the new CEOs are taking up roles at a very exciting period, as the Group executes its innovative digital play across the African continent’’.

Also announced were the appointment of three new country Executive Directors - Haoua Cisse as the Executive Director, Wholesale, UBA Maliand Julien Kouassi as Executive Director Wholesale, UBA Côte D’Ivoire.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with over 20,000 employees group wide and serving over 20 million customers, across its approximately 1000 branches and over 30,000 ATMs, PoS, and agencies in Africa.Operating in 20 African countries and globally in the United Kingdom, the United States and France, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge products, including the first ever banking chat bot in Africa, LEO.


Distributed by APO Group on behalf of United Bank for Africa Plc (UBA).

Media Contact:
Omede Odekina
Head External Relations
United Bank for Africa Plc
UBA House, 57 Marina, Lagos Island, Lagos, Nigeria
Mobile: +234-8162807921
E mail: omede.odekina@ubagroup.com
Website: www.UBAgroup.com

© African Press Organization, source Press Releases

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Sales 2021 455 B 1 207 M 1 207 M
Net income 2021 118 B 312 M 312 M
Net Debt 2021 - - -
P/E ratio 2021 2,15x
Yield 2021 13,1%
Capitalization 245 B 643 M 649 M
Capi. / Sales 2021 0,54x
Capi. / Sales 2022 0,51x
Nbr of Employees 10 838
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Managers and Directors
NameTitle
Kennedy Uzoka CEO, Group Managing Director & Executive Director
Ugochukwu A. Nwaghodoh Group Chief Financial Officer
Anthony Onyemaechi Elumelu Chairman
Chiugo Ndubisi Group Chief Operating Officer & Executive Director
Franklyn Bennie Group Chief Compliance Officer