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The United Bank for Africa (UBA) has an ambitious vision, one reflected in its slogan of being “Africa’s Global Bank”. The bank’s most recent footprint in Africa was in Mali at the beginning of the year, followed by a formal launch of its United Kingdom subsidiary in February.
As the bank itself noted, it has been intensifying its African footprint with the establishment of UBA Cameroon, UBA Cote d’Ivoire, UBA Uganda, UBA Sierra Leone, and UBA Liberia as well as the acquisition of a 51 per cent interest in Banque Internationale du Burkina Faso, which was the largest bank in the country with 40 per cent market share. Currently, UBA has 18 African subsidiaries, contributing about 20 per cent of the Group’s balance sheet, with a target of contributing 50 per cent.
Currently leading this vision for “Africa’s Global Bank” is Kennedy Uzoka, Group Managing Director/CEO of UBA. He has over two decades of experience covering Core Banking, Corporate Marketing Communications, Strategy, and Business Advisory Services, and is responsible for leading the development and execution of UBA Group’s long-term strategy.
The journey to becoming UBA’s CEO
Since August 1, 2016, Uzoka has held the position of Group Managing Director/Chief Executive Officer; he is also Member of the Executive Management Committee, Executive Director of United Bank for Africa Plc. He started serving as Deputy Managing Director/Deputy Chief Executive Officer, Executive Director of the Company in 2012.
As Group Deputy Managing Director and CEO, UBA Africa, he had the responsibility of managing the Group’s country subsidiaries across 18 countries in Africa, as well as supervising three key strategic support areas in Digital Banking, Information Technology, and Personal Banking.
As Deputy Managing Director, he was the Executive in charge of the Group’s businesses in New York and London.… Read More...