Tony Elumelu reshuffles UBA Board, appoints Oliver Alawuba as GMD - TrendyNewsReporters Tony Elumelu reshuffles UBA Board, appoints Oliver Alawuba as GMD - TrendyNewsReporters
News

Tony Elumelu reshuffles UBA Board, appoints Oliver Alawuba as GMD

by Ebor Cletus Ralph Jr

Oliver Alawuba has been appointed group managing director of United Bank for Africa (UBA). He will now be in charge of managing the company’s activities throughout 20 nations, including the United Arab Emirates.

Kennedy Uzoka retired from the position after serving in it for seven years, prompting Alawuba’s appointment. Uzoka will assume another job in one of the subsidiaries, according to UBA, once the Central Bank of Nigeria (CBN) licences the holding company for the business.
Alawuba has worked for UBA for 25 years, holding several roles inside the company, according to a statement given on Tuesday to the capital market regulator Nigerian Exchange Limited (NGX).

Prior to his appointment, Alawuba was the Group Deputy Managing Director, and had also held the position of Chief Executive Officer at UBA Ghana. His most recent post was filled by Muyiwa Akinyemi.

Other executive directors that retired in UBA include Uche Ike, Chukwuma Nweke, Ibrahim Puri and Chiugo Ndubisi. They are also expected to head other subsidiaries after the establishment of the holding company.

Speaking on Alawuba’s appointment, UBA Group Chairman, Tony Elumelu, said, “I am very pleased to announce Oliver Alawuba as the new Group Managing Director of the UBA Group. Oliver has extensive experience in Nigeria and our African network and is well equipped to advance our pan-African and global strategy”.

prelliotaglobalconcept

TV Presenter/ Content Writer

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
--Advertisements--
--Advertisements--

Get premium latest news For Free

X