At a
meeting held at UBA House, the UBA Group Board
today approved the appointment of Kennedy Uzoka as the new
Group Managing Director, with effect from August 1st, 2016 and
subject to the approval of the Central Bank of Nigeria.
Mr Uzoka succeeds Phillips Oduoza, who retires on
July 31, 2016, after two terms of leading the UBA Group.
Kennedy Uzoka has most
recently been leading the transformation agenda of
the Bank, after returning from completing the Advanced
Management Programme of Harvard Business School.
Mr Uzoka has over two and half decades of
experience in commercial banking, strategy and business
transformation. Prior to his sabbatical at
Harvard, Mr 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.
Mr Uzoka is
a graduate of Mechanical Engineering from University of Benin and holds
a Masters Degree in Business Administration from University of Lagos.
Also
appointed today, was Victor Osadolor as the Deputy Managing Director,
UBA Group. Mr Osadolor brings a
strong finance and risk
background, having previously served as the Executive Director,
Risk and Finance at UBA. Mr 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 holds the Advanced Management Programme Certificate from the
Harvard Business School.
The
Chairman of UBA Group Mr. Tony Elumelu said of
both appointments:
“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 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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