Lagos - United Bank for Africa (UBA) announced a three-year key transformation initiative designed to consolidate the Group's strategic positioning officials said would fully capture the opportunities from Africa's economic revolution.
The exercise is themed, "Project Alpha."
Project Alpha is focused on leveraging all aspects of the Group's footprint, product offerings and operational capability, allowing a
commitment to customer service transformation, market share growth, the implementation of key e-banking initiatives across all segments, the growth of corporate and trade finance capabilities and significant investment in the human capital represented by the over 25 000 UBA workforce.
A series of senior executive appointments have been made to drive Project Alpha.
Apollos Ikpobe has been appointed as Deputy Managing Director, Domestic Bank and Obi Ibekwe as Executive Director Human Resources and Customer Service.
Both appointments have been approved by the Central Bank of Nigeria (CBN).
Ikpobe's appointment complements existing Deputy Managing Director, Kennedy Uzoka, responsible for Resources and Treasury.
Other key appointments also announced include Rasheed Adegoke, General Manager in charge of Group Information Technology.
A critical aspect of the Project Alpha initiative is the focus on UBA Africa, whose contribution currently at 20 percent of group performance and is planned to be 50 percent by 2016.
To drive this, the Group is reinforcing its senior African leadership.
Emmanuel Nnorom, formerly Executive Director, Finance & Risk Management at UBA, has been appointed as the CEO for UBA Africa.
"UBA is able to recruit the cream of African banking talent and we are proud to be able to provide a dynamic platform for these Africans to contribute to our continent's transformation.”
"Our people remain our greatest asset and we will continue to strategically retool and resource to achieve and surpass the goals of
Project Alpha," said the CEO of UBA Phillips Oduoza.
UBA is one of Africa's leading financial institutions, offering banking services to more than 7 million customers across over 700 branches in 19 African countries.
- CAJ News