The United Bank for Africa held its 59th Annual General Meeting on the 1st of April 2021.
In his opening statement, Group Chairman Tony Elumelu commended the bank’s effort in recording higher profits in the year 2020 inspire of the global pandemic.
He said: ‘Our Group recorded impressive growth across key market share and profitability indices for the 2020 financial year. Customer deposits and key assets grew by approximately 48% and 37% to 5.7trillion and 7.7trillion respectively.’
– Tony O Elumelu
In his statement to stakeholders, GMD, Kennedy Uzoka emphasized the bank’s commitment to its customers. He said;
‘We are committed to continuous excellent customer experience as enshrined in our Customer First (C1st ) Philosophy. We remain a reliable financial partner through highs and lows to all our stakeholders
We thank our shareholders, customers & staff for their trust, confidence, and commitment to the organization.
United Bank for Africa Plc, Africa’s global bank, announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the Group’s banking operations across its twenty African country network and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates.
We are a bank that places emphasis on sustainable banking services in order to promote a healthy global environment.
UBA Foundation Joins Rest of the World to Celebrate International Day of the African Child; Donates Books, Reading Sessions Across Africa
The United Bank for Africa Plc (“UBA” or the “Group”) on Wednesday 8th June, redeemed its $500 million 5-year Eurobond notes, with a maturity date of June 8, 2022.