Phillips Oduoza, MD/CEO Designate, United Bank for Africa (UBA)
Phillips Oduoza has over 22 years experience in Banking and Financial Services spanning Banking Operations, Relationship Management, Credit/Marketing, Technology Implementation, Risk Management, Lean Banking Methods, and Brand Management.
Prior to this appointment, Phillips Oduoza was the Bank’s Deputy Managing Director overseeing its operations in the South, which is the UBA Group’s largest strategic business group.
He will commence as the Group Chief Executive of the Bank on August 1, 2010. In the interim, Mr Oduoza will work in tandem with Mr. Tony Elumelu, current Group Chief Executive of UBA to ensure that the transition is seamless. Read the rest of this entry »
United Bank for Africa Plc (UBA), the pan African banking group, has announced the opening of its Zambian operations – the first Southern African business unit for the group. The establishment of a full banking presence in Zambia further emphasizes the group’s vision of bringing world class banking services to all regions of sub-Saharan Africa and follows its successful openings in Kenya, Uganda and Tanzania.
In one of the toughest global economic downturns in decades, the African continent continues to be one of the leading foreign direct investment destinations for U.S. businesses, according to the Corporate Council on Africa (CCA).
The African Development Bank (AfDB) said on Thursday that it approved loans totaling $200 million to Nigeria’s United Bank of Africa (UBA) and Zenith Bank to help improve access to loans in Nigeria. AfDB endorsed $150 million loan for UBA and $50 million for Zenith Bank.
