UBA Appoints Alawuba CEO as Osadolor’s Replacement
UMORU ABDULKADIR
The United Bank for Africa Plc (UBA) Monday announced the appointment of Oliver Alawuba as CEO of UBA Africa, overseeing the bank’s African operations excluding Nigeria, and replacing Victor Osadolor who retires from the Group Board after Nine years of service.
UBA in a statement filed to the Nigerian Stock Exchange (NSE), said UBA Africa serves over 19 million customers across the African continent, providing retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge products, Alawuba has almost three decades experience in the banking industry.
Alawuba, one time CEO of UBA Ghana, he rose to become Regional CEO, UBA Africa before returning to Nigeria to run UBA’s East Bank, making UBA’s Nigerian East Bank division the fastest growing regional bank in the Group.
In a related development, the UBA Board also appointed a Senegalese national, Abdoul-Aziz Dia as Executive Director for Treasury and International Banking, assuming responsibility for management of UBA’s global network of operations in New York, London and Paris which is subject to the approval of the Central Bank of Nigeria.
On approval, Abdul-Aziz Dia will become the first non-Nigerian Group Executive Director of the Bank, bringing a wealth of multi geographical experience to the Group, the statement added.
Also appointed are Chukwuma Nweke, currently the Executive Director Operations, to Group Executive Director, Retail and Payments and Chiugo Ndubisi as Group Executive Director and the Group Chief Operating Officer, subject to the approval of the Central Bank of Nigeria.
Meanwhile, in the wake of the New Year celebrations, UBA sacked over 1,000 workers in what it described as corporate right sizing while in the same breadth, it also employed over 4,000 workers in a massive recruitment drive.
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