United Bank for Africa, is set to name Oliver Alawuba as its new Managing Director/CEO. He succeeds Kennedy Uzoka, whose two-term tenure ends in August.
According to report, the decision was reached and approved at the bank’s most recent board meeting in Dubai. Mr. Alawuba currently serves as UBA’s Deputy Managing Director.
We also understand that Muyiwa Akinyemi, the bank’s current General Manager of Corporate Banking, will be named Deputy Managing Director.
Meanwhile, Kennedy Uzoka will take over as Managing Director of the bank’s new holding structure. He will be in charge of the UBA Group’s operations, which include several subsidiaries in Africa, the United States, Europe, and the Middle East.
