On Monday, United Bank for Africa (UBA) announced new hires as part of its strategic expansion plan. Oliver Alawuba will take over as Group Managing Director and use his experience in Nigeria and UBA Africa to advance UBA and realise the goals and aspirations of the Group.
The declaration was made on the same day that the bank announced its intention to create a distinct holdco management structure, subject to regulatory approval.
Oliver Alawuba, the new GMD, began working with UBA in 1997. Since then, he has held a number of important positions, most recently serving as group deputy managing director.
As the new Group Deputy Managing Director, Muyiwa Akinyemi will continue to manage the GAM for the entire Group while also managing the entire business in southern Nigeria.
Muyiwa has worked for the Group in Nigeria and our larger Africa network for 24 years. He joined UBA in 1998 as a Senior Banking Officer at UBA's Energy Bank.
Additionally, Emem Usoro is currently Nigeria North's Executive Director. She began working for the Group in 2011 and has held a number of top regional positions in Nigeria's retail, business, and public sectors.
The new Executive Director for Treasury & International Banking is Sola Yomi-Ajayi. Sola has been a member of the Group since 2004, and her appointment as CEO of UBA America is the culmination of her extensive worldwide expertise.
As Executive Director/Group Chief Operating Officer, Alex Alozie has been chosen.
As the Group's Deputy General Manager since 2019, Alex has pushed for operational efficiency and the Group's digital transformation.
Ugochukwu Nwaghodoh, Executive Director, Risk & Finance, is one of the further hires.
In October 2004, Ugo transferred from PwC to the Group. Since then, he has held a number of major positions in the fields of reporting, compliance, financial control, and performance management.
Sampson Aneke – Group General Manager – Retail, Digital & Transaction Banking.
Sampson joined the Group in 2019, and had responsibility for SME banking across the Group’s African network, and most recently was responsible for the Group’s business in Lagos and southern Nigeria.
Sanusi Mudasiru – Chief Compliance Officer (Audit & Compliance).
Sanusi joined the Group in 1998 and his career has been devoted to ensuring the robustness of the Group’s compliance and internal control functions. He has served as COO for UBA Ghana, UBA Zambia and UBA Africa. Prior to this appointment, he was Group Head, Compliance.
The appointment for the Executive Director, UBA Africa will be announced on January 01, 2023.
In the meantime, the Bank said the following will continue to provide leadership for our regions:
Abiola Bawuah – Regional CEO, West Africa
Amie Sow – Regional CEO, CEMAC
Ebele Ogbue – Regional CEO, East and Southern Africa
UBA Announces New Appointments
All appointments take effect from August 01, 2022 and they are subject to regulatory approvals.