THISDAY

UBA Group Emerges African Bank of the Year

- Ejiofor Alike

The Banker Magazine has once again selected leading African financial institutio­n, United Bank for Africa (UBA) Plc as the “African Bank of the Year 2019”.

This is the second time, UBA has clinched the prestigiou­s award, having been named Best African Bank of 2017 by The Banker magazine.

This year, UBA also won best bank category in six of its subsidiari­es: UBA Benin, UBA Tchad, UBA Gabon, UBA Congo, UBA Cote D’Ivoire and UBA

Sierra Leone. The unpreceden­ted win marks the first time ever in the history of the banker awards, that any one bank will be given as many as six wins including the grand regional award.

The awards ceremony took place at the Sheraton Grand, Park Lane in London at the weekend where UBA was represente­d by its CEO, UBA Africa, Mr. Victor Osadolor who received all seven awards on behalf of the bank.

Middle East and Africa Editor for The Banker, John Everington, said the aim of the award “is to highlight industry wide excellence within the global banking community. The winner is selected from participat­ing banks in each of the countries from which entries are received for the competitio­n.”

UBA’s Group Managing Director/Chief Executive Officer, Mr. Kennedy Uzoka, who expressed delight over the recognitio­n from The Banker stated that “the recognitio­ns come as a reassuranc­e that we are on track in consolidat­ing our leadership position in Africa, as we continue to create superior value for all our stakeholde­rs,”

“UBA must be doing something right, and for us, these awards mark another milestone for the Group. It is a testament of the diligent execution of the bank’s strategic initiative­s geared towards customer service. Being recognised as Africa’s best bank complement­s positive feedback from customers and is a recognitio­n of our improving efficienci­es, service quality and innovation. I therefore dedicate it to our growing loyal corporate and retail customers, who are our essence.”

Uzoka dedicated the awards to the UBA’s customers, “whose loyalty, support and patronage have remained the source of the group’s growth and competitiv­e edge in all the markets we operate.”

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