Oliver Alawuba, the Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, has been named the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs.
The appointment was announced on the CIBN’s website on Monday.
Mr Alawuba’s appointment underscores his “extensive experience and visionary leadership in the banking sector, as well as his unwavering commitment towards advancing the financial industry in Nigeria and across Africa,” a statement from UBA made available to newsmen said.
As chairman, the UBA CEO will lead in promoting collaboration and spearheading strategic initiatives among senior bank executives in Nigeria.
“Like he has achieved as the GMD of UBA, Alawuba’s leadership is expected to bring innovative solutions and strengthen the collective efforts of the banking community while addressing the dynamic challenges and opportunities within the financial sector,” the statement added.
The Chartered Institute of Bankers of Nigeria (CIBN) has announced the appointment of Miriam Olusanya, CEO of GTBank, as the vice-chairman of the Body of Banks’ CEOs. This appointment, together with that of Alawuba, represents a robust and cohesive leadership team ready to improve the banking sector in Nigeria.
“UBA extends its heartfelt congratulations to Alawuba and Olusanya on their appointment and the Bank is confident that their combined expertise and visionary leadership will usher in a new era of progress and innovation for the banking industry in Nigeria, and that under their guidance, the Body of Banks’ CEOs will continue to play a pivotal role in shaping policies and strategies that will drive sustainable economic growth and enhance the overall stability of the financial system in Nigeria,” UBA concluded in its statement.