The UBA Group Board today approved the appointment of Kennedy Uzoka as the new Group Managing Director, with effect from August 1st, this year, in one of the key decisions of a meeting held at UBA House, Lagos.
The bank announced in a statement made available to Technology Times that the new appointments are subject to the approval of the Central Bank of Nigeria.
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, the bank says.
He 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. Osadolor
Commenting on the appointments, Mr. Tony Elumelu, Chairman of UBA Group says that, “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.”
According to him, “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
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