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.
Splash Mobile Money Limited (”Splash”), a leading mobile payment system provider, and MoreMagic Solutions, a leading mobile transactions provider, recently announced the availability of Sierra Leone’s first mobile money transfer system, enabled by MoreMagic Solutions’ industry-leading MWallet platform, and designed for African markets.
Ernest Ndukwe, telecommunications engineer and current Chief Executive Officer of the Nigerian Communications Commission (NCC), has advocated the concept of “Fibre Without Borders (FWB) as a panacea for achieving a potential African telecommunications revolution, in terms of seamless telecommunications connectivity as well as quick and affordable broadband access to the citizenry.
Africell Holding SAL, a member of Lintel group, and Millicom International Cellular SA (”Millicom”) (Nasdaq Stock Market: MICC and Stockholmsbörsen: MIC) yesterday (28th July 2009) signed an agreement regarding the acquisition of Millicom (SL) Limited, Millicom’s GSM operations in Sierra Leone. Completion of the transaction is subject to certain regulatory approvals and procedures.
Skye Bank, one of the top 10 banks in Nigeria, has undertaken to implement the SAS Money Laundering Detection solution across its organisation. Skye Bank is one of the industry leaders in Nigeria. It is a publicly quoted company with over 500,000 shareholders, and operates out of over 250 branches and transaction centres across Nigeria, serviced by over 6,000 professional bankers and business experts with a N1 trillion ($7 billion) balance sheet.
Botswana led a record year for African reformers making it easier to do business, with 28 countries completing 58 improvements
