Mr. Phillips Oduoza, Group Managing Director, United Bank for Africa (UBA) Plc, has been named as “SRI 30 CEO of the Year” by African Investor, the continental investment magazine.
Phillips Oduoza (right), GMD/CEO, UBA Plc,; receiving his award from the MD, Africa Investor, Hubert Danso, at the Ai CEO Institutional Investment Summit, held at the New York Stock Exchange.
The award is in recognition of his landmark role in sustaining UBA’s strong financial performance and strengthening the bank’s contribution to the continent’s financial services industry.
Oduoza received the award at the Africa investor (Ai) CEO Institutional Investment Summit held at the New York Stock Exchange on Tuesday.
Since becoming Group Managing Director in 2010, Mr. Oduoza has been spearheading a number of growth initiatives including the recently launched Project Alpha.
Project Alpha is UBA’s three-year road map of key transformation initiatives, designed to consolidate the group’s strategic positioning and fully exploit the burgeoning opportunities from Africa’s economic renaissance and the group’s unique platform.
Odouza has led the bank’s strong Africa push, strengthening the financial performance of the bank’s subsidiaries in 18 African countries outside Nigeria.
The African operations now contribute an average of 20% of deposits helping to strengthen the UBA’s balance sheet which stood at N2.85 trillion as at June 2012.
Oduoza also won the African Investor Series Award in 2011 when he emerged the Ai 4o Index CEO of the Year.
He is a highly experienced banker with a 1st Class Degree in Civil Engineering and an MBA (Finance), both from the University of Lagos. He has also undertaken the Advanced Management Programme of Harvard Business School.
His expertise are in the areas execution, talent management, technology integration and lean banking which has been brought to bear on his leadership of the UBA Group.
“I am excited about the significant strides we are making at UBA. We are a pan-African bank with more than 20,000 staff at their desk every morning, driven by a unified passion to keep the engine of the African economy running. This award is dedicated to the multi-cultural, multi-lingual family of staff, that UBA Group has become. We take huge pride in our pan-African heritage and the significant contributions we are making to the African economy and bonds we are building across borders.” Odouza said, said while receiving the award,
The UBA Group is a highly diversified financial services provider, the leading player in three different markets and controlling significant market share in 19 different African countries.
The Group has a strong retail franchise across the continent, offering its more than seven million customers, a bouquet of products and services tailored to meet their different financial needs.