UBA appoints Kennedy Uzoka as Group Managing Director

The Council Group approved the appointment of Kennedy Uzoka as new Group CEO, effective from 1 st August 2016 , subject to the approval of the Central Bank of Nigeria.

Kennedy Phillips Oduoza succeed retiring July 31, 2016, after two terms succeeded at the head of UBA Group.

KU, as we affectionately call it, runs as part of its latest features, the Bank’s transformation program, after his return from Harvard Business School where he completed the Advanced Management Program (AMP: Advanced Management Program) . It has more than two and a half decades of experience in the areas of commercial banking, strategy and business transformation. Before his sabbatical at Harvard, Kennedy served as Deputy Managing Director of UBA Group functions and Director of UBA Africa in charge of our Group operations in 18 countries across Africa.

Mr. Uzoka holds a degree in mechanical engineering from the University of Benin in Nigeria and a Master of Business Administration from the University of Lagos in Nigeria.

Victor Osadolor was also appointed today as the Deputy Managing Director of UBA Group. Mr. Osadolor has a strong experience in finance and risk management, having served as an executive Director in charge of Risk and Finance in UBA. Mr. Osadolor has also served as Director of Strategy at Ecobank Transnational Incorporation. He holds a Bachelor of Science in Accounting and is a member of the Institute of Chartered Accountants of Nigeria. He also holds the Certificate of Advanced Management Program of Harvard Business School.

The President of UBA Group has stated the following about the two nominations: ” Kennedy has a set of extremely strong skills and is ideally placed to lead UBA in its next phase of growth. His most recent experience in the management of African operations which have importance increasingly growing within the Group, is particularly relevant when we all use to build a leading financial franchises in Africa. I have no doubt that Victor and he, with their expertise and consistency of professional experience, will ensure that the Bank is better positioned to achieve its strategic ambition ” .

The President continued with words of appreciation to the outgoing Group CEO: ” I also take this opportunity to thank Phillips for all his loyal service to guide the Bank through a particularly difficult period. The Council considers that the solid foundations laid during the tenure of Mr. Oduoza provide an excellent basis for our continued success”.