Kennedy Uzoka has assumed as the Group Managing Director and CEO of pan-African banking group, United Bank for Africa (UBA) Plc. This follows the retirement of Phillips Oduoza as Group Managing Director and CEO of UBA Plc on July 31, 2016 after completing two terms of three years each.
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| Kennedy Uzoka, GMD/CEO, UBA Plc |
Uzoka, the new GMD/CEO of UBA Plc,
was until his appointment, the Deputy Managing Director, a position he has held
in the last six years, working closely with the former GMD/CEO. His appointment
as the new GMD is seen as a testimony to the strength of the bank’s succession
planning process.
“Kennedy
Uzoka’s is not only very hard working, but he is also a man of
impeccable integrity. He is passionate and committed to UBA. The board is
confident that he will take the bank to the next level” said Tony
Elumelu, Chairman, UBA Plc.
Kennedy Uzoka comes well prepared
for his new position. He has been leading the transformation agenda of the
Bank, after returning from completing the Advanced Management Programme of
Harvard Business School.
Uzoka has over two and a half
decades of experience in commercial banking, strategy and business
transformation. Prior to his sabbatical at Harvard, Uzoka served as Deputy
Managing Director, UBA Group and was also the CEO of UBA Africa, responsible
for the Group’s operations in 18 countries across Africa as well as business in
New York and London.
“Uzoka brings an extremely strong
skill set and a breadth of financial services experience that will help the
bank execute the next phase of its growth strategy.” said Elumelu.
Speaking to staff in a video podcast
after resuming on August 1, the new GMD/CEO, Uzoka who described UBA as a
strong, recognizable and trusted brand across Africa, promised to build a bank
based on a strong foundation of customer service.
“We will stay close to our customers
and do everything possible to serve them properly. Our customers will be the
beginning, the middle and the end of our strategy" he stated.
United Bank for Africa (UBA) Plc, is
one of Africa's leading banking Groups with operations in 19 African countries
and offices in three global financial centers: London, Paris and New York.
It is a publicly quoted company
listed on the Nigerian Stock Exchange (NSE) and has a well diversified
shareholder base. For more information visit www.ubagroup.com
