UBA Plc appoints Aregbesola, Obeta, 4 others as country heads - The Source

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UBA Plc appoints Aregbesola, Obeta, 4 others as country heads

The Source by The Source
July 29, 2020
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UBA Plc appoints Aregbesola, Obeta, 4 others as country heads
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United Bank for Africa Plc (UBA), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun and Usman Isiaka as chief executive officers of six of its 20 subsidiaries in Africa.

The appointments are subject to regulatory approvals.

The new CEOs will drive the Group’s strategy and activities in Mali, Uganda, Zambia, Senegal, Tanzania and Sierra Leone.

Hacko will coordinate the UBA operations in Mali, while Mang will be in charge of Uganda.

Obeta will be in charge of Zambia, Aregbesola Senegal, while Ulinfin will man the bank’s country office in Tanzania.

Usman Isiaka is the new country head of Sierra Leone.

In addition, Ogechi Altraide has become the new Head, Retail Banking; Amadao Konate, Head, Treasury & International Payments for UBA America.

These international appointments compliment the prior appointments of Sola Yomi-Ajayi as the CEO of UBA America, and Patrick Gutmann as the CEO of UBA UK.

UBA provides a full suite of corporate banking products and services to businesses, multilateral institutions and governments transacting from and with Africa.

Earlier this month, UBA announced the appointment of Ayoku Liadi as deputy MD Nigeria and Oliver Alawuba, as deputy MD Africa businesses, attesting to the importance of UBA’s African business and its strategic positioning as “Africa’s Global Bank”.

UBA Group Chairman, Tony O. Elumelu, stated: “The appointments further reflect the strong growth of the Group’s pan-African businesses, currently responsible for over 40% of total Group revenue and the increasing importance of our international businesses in London, Paris and New York, offering superior treasury, trading and corporate banking solutions to clients globally.

“We are committed to catalysing growth on the African continent and the new CEOs are taking up roles at a very exciting period, as the Group executes its innovative digital play across the African continent’’.

Also announced were the appointment of three new country Executive Directors – Haoua Cisse as the Executive Director, Wholesale, UBA Mali; Samba Fall as the Executive Director, Wholesale, UBA Senegal and Julien Kouassi as Executive Director Wholesale, UBA Côte D’Ivoire.

United Bank for Africa is one of the largest employers in the financial sector in Africa, with over 20,000 employees.

It serves over 20 million customers, across its approximately 1000 branches and over 30,000 ATMs, PoS and agencies in Africa.

Operating in 20 African countries and globally in the United Kingdom, the United States and France, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge products, including the first ever banking chat bot in Africa, LEO.

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