UBA names Uzoka GMD-designate

Incoming GMD/CEO United Bank of Africa (UBA), Kennedy Uzoka (left); GMD/CEO UBA, Phillips Oduoza; new DMD, Victor Osadolor and Chairman UBA, Tony Elumelu shortly after the board’s appointment of Uzoka and Osadolor in Lagos on Monday. Oduoza’s tenure ends on July 31, 2016.  

Incoming GMD/CEO United Bank of Africa (UBA), Kennedy Uzoka (left); GMD/CEO UBA, Phillips Oduoza; new DMD, Victor Osadolor and Chairman UBA, Tony Elumelu shortly after the board’s appointment of Uzoka and Osadolor in Lagos on Monday. Oduoza’s tenure ends on July 31, 2016.  

The United Bank for Africa (UBA) Group yesterday approved the appointment of Kennedy Uzoka as new Group Managing Director (GMD) with effect from August 1, 2016.

He succeeds Phillips Oduoza whose tenure expires July 31.The new appointment is, however, subject to Central Bank of Nigeria’s (CBN) approval.

Prior to his elevation, he was Deputy Managing Director and one-time CEO of UBA Africa in charge of the group’s operations in 18 countries across the continent.

Uzoka, a graduate of Mechanical Engineering from University of Benin, also holds a Master’s Degree in Business Administration from University of Lagos.

Also appointed yesterday, was Victor Osadolor who emerged Deputy Managing Director. He brings on board a strong finance and risk background, having previously served as Executive Director, Risk and Finance at UBA.

Osadolor also held the position of Chief Strategy Officer at Ecobank Transnational Incorporation. He holds a Bachelor of Science degree in Accounting and is a Fellow of the Chartered Institute of Accountants of Nigeria. He also possesses the Advanced Management Programme Certificate from the Harvard Business School.

Commenting on the appointments, the group’s chairman, Tony Elumelu, said: “Kennedy brings an extremely strong skill set and is ideally positioned to lead UBA in its next phase of growth. His most recent experience of managing the Group’s increasingly important African business is particularly relevant, as we all work to build one of the leading financial services franchises in Africa.

I have no doubt that both he and Victor with their expertise and depth of business experience will ensure that the b bank is best positioned to deliver on its strategic ambition.

I would also like to take the opportunity to thank Phillips, for all that he has done for the Bank in guiding UBA through a particularly challenging period. The Board feels that the strong foundations created during Mr. Oduoza’s term provide an excellent basis for our further success.”



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