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UBA committed to stakeholders, customers- GMD Alawuba

By Francis Ajuonuma

 

The United Bank for Africa (UBA), says it’s committed to expanding its presence across the globe and delivering value to all its stakeholders and customers, according to the Group Managing Director of the bank, Oliver Alawuba.

Alawuba, made this statement while speaking at the world press conference held at its headquarters in Lagos to celebrate the bank’s 75th anniversary.

According to him collaboration and partnerships with big-time stakeholders and international organisations are imperative to achieving the objectives of the bank.

“We are committed to expanding our presence, seizing growth opportunities, and delivering value to all stakeholders.

“Collaboration and partnerships as exemplified by the $6bn SME funding agreement signed with the African Free Trade Area (AfCFTA) will be instrumental in achieving our strategic objectives.

“We are dedicated to deepening relationships with customers, employees, regulators, and other stakeholders for mutual benefit and long-term success,” he said.

He assured the stakeholders of the bank’s readiness to invest in innovation and digital transformation to drive operational efficiency.

“Innovation and digital transformation are at the heart of UBA’s strategy for future growth and competitiveness.

We will continue to invest in innovative products, services, and digital platforms that enhance customer experience and drive operational efficiency.

“Our commitment to Corporate Social Responsibility is strong, with initiatives focused on education, healthcare, entrepreneurship, and environmental sustainability; thus, making a concrete impact on communities across Africa,” he added while acknowledging the bank’s growth in the financial sector.

“Today we have over 25,000 Staff, and over 35 million customers served through multiple channels – over 350,000 POS terminals, 2,000 ATM terminals, 1,000 Business Offices, and 19.7 million Card Customers.

“The past 75 years have been marked by stability and excellence, pillars upon which UBA’s legacy stands tall.”

Also speaking at the event, the Group Deputy Managing Director, Muyiwa Akinyemi noted that the bank has had a remarkable milestone in its transformation journey for its 75th Anniversary.

“This anniversary is very dear to us here at UBA, as it marks our legacy and signifies our transformation journey from inception as British & French Bank that was established in 1949, to becoming the leading financial institution in Africa as Africa’s Global Bank.

“UBA today operates across four Continents with a presence in 20 African countries, United States of America, France, United Kingdom, and UAE; and over the past 75 years, we have exemplified stability, reliability, and excellence in banking, achieving numerous milestones and positively impacting the communities that we serve,” he said.

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