Press Release

Lagos; 26/09/2013: The Group Managing Director of the United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza, has been named Socially Responsible Investment (SRI) 30 “CEO of the Year” by African Investor; one of the leading investment and specialist communications firm advising governments and businesses on investments in Africa.

Mr. Oduoza received the award at the Africa investor (Ai) CEO Institutional Investment Summit, held at the New York Stock Exchange, on Tuesday.  The SRI Index series were instituted in 2008 at the United Nations, as a concrete step to engage investors and businesses in support of the UN Millennium Development Goals (MDGs) in Africa.

The UBA CEO was chosen in recognition of his exceptional achievements over the last year which is seen as an “inspiration for business and government leaders working to raise Africa’s investment profile” the award organisers said in a statement.

The judging panel considered excellent leadership skills, enhanced organisational image, innovation and originality as well as alignment with the millennium development goals in choosing the Socially Responsible Investment (SRI) 30 CEO of the year.

Since becoming Managing Director, Mr. Oduoza has been spearheading a number of growth initiatives including, the recently launched Project Alpha; 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.

Commenting on the award, Oduoza said, “I am excited about the significant strides we are making at UBA.  I dedicate this award to the multi-cultural, multilingual staff of UBA. We take pride in our pan-African heritage, and the significant contributions we are making to economic development on the continent”.

The UBA Group remains a highly diversified financial services provider with operations in 19 African countries, New York, London and Paris. It has over the years, built 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/end.

 Thanks

Charles Aigbe 

Divisional Head, Marketing & Corporate Relations Directorate

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