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UBA to extend footprint across 25 African countries

UBAs group chairman noted the bank is realising the potential of Africa. (Image source: Tony Eleumelu Foundation)

The Board of United Bank for Africa (UBA) group chairman Tony Elumelu pledged more capital for African growth at the banks inaugural Senior Leadership forum

The forum aimed to highlight the importance and growth potential of the bank's pan-African business, stated UBA.

UBA Group chairman Tony Elumelu set up the forum to assess the growth of the bank’s African network over the past 11 years and to serve as a platform to re-strengthen its strategic goals.

According to UBA, the forum opened its doors to 90 participants including the Board of UBA, all chairmen and CEOs of UBA subsidiaries across Africa and the United Kingdom.

“We are one bank, the United Bank for Africa", stated Elumelu as he welcomed participants to the forum. “Bringing together our senior leadership talent from across the continent and the distinguished leaders who chair our subsidiary businesses is a powerful demonstration of our commitment to forge one bank for Africa.”

“As long-term investors and pioneers in pan-African commercial and investment banking, we are deeply committed to the markets in which we operate and to harnessing the potential represented by the wider African economy. Our intention is to be the leader in African financial services, and our recent transaction track record show this. We are realising the potential of Africa,” added Elumelu.

The Forum took place at the same time as the 54th Annual General Meeting of UBA where participants were able to celebrate the bank’s financial performance at the annual UBA CEO Awards ceremony.

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