For United Bank for Africa, a new Group Managing Director emerged on March 01, 2016. He is Kennedy Uzoka who had been Deputy Managing Director, UBA Group and was also the Chief Executive Officer of UBA Africa, responsible for the Group's operations in 18 countries across Africa.
The group also has a new Deputy Managing Director, Victor Osadolor. Its board approved both appointments on March 01, 2016, adding that Uzoka would, subject to the approval of the Central Bank of Nigeria (CBN), assume his new position on August 1, 2016. He succeeds Phillip Oduoza, who retires on July 31, 2016, after two terms of leading the UBA Group. The new group deputy managing director, Osadolor comes to office with a strong finance and risk background, having previously served as the Executive Director, Risk and Finance at UBA.