The United Bank for Africa (UBA) has approved the appointment of Kennedy Uzoka as the new group managing director of the bank.
At a meeting, which held at its headquarters in Lagos, the bank said the appointment, which is subject to the approval of the Central Bank of Nigeria (CBN), would take effect from August 1.
Uzoka succeeds Phillips Oduoza, who will retire on July 31, after two terms of leading the UBA Group.
A graduate of the University of Benin, Uzoka obtained a master’s degree from the University of Lagos.
According to a statement issued by the bank, he also completed an advanced management programme of Harvard Business School.
The statement said Uzoka has over two and half decades of experience in commercial banking, strategy and business transformation, and has served as deputy managing director, UBA group, “and also the CEO of UBA Africa, responsible for the Group’s operations in 18 countries across Africa”.
Victor Osadolor was also named the deputy managing director of the bank.
A former executive director of the bank, Osadolor held the position of chief strategy officer at Ecobank Transnational Incorporation.
“He holds a bachelor of Science degree in Accounting and is a fellow of the Chartered Institute of Accountants of Nigeria. He also holds the Advanced Management Programme Certificate from the Harvard Business School,” the statement read.