UBA Group Managing Director, Oliver Alawuba, recently held talks with the Bank of Ghana Governor, emphasizing UBA’s dedication to adhering to regulations and strategic expansion in Ghana and beyond. During the meeting, Mr Alawuba assured Dr Ernest Addison of UBA’s commitment to adhering to regulations and notices issued by the Bank of Ghana, particularly regarding the Domestic Debt Exchange Programme.
Additionally, Mr Alawuba revealed significant progress within UBA’s operations in Ghana, including the construction of a new Head Office, highlighting the bank’s long-term investment in the country’s financial landscape. He also disclosed UBA’s intention to extend its presence to all 16 regions of Ghana, aiming to foster financial inclusion and accessibility across the nation.
In a move to develop young talent, Mr Alawuba also announced the initiation of a flagship programme to recruit and groom young graduates. He expressed confidence that these individuals would assume key positions within the bank in the next five years, underscoring UBA’s commitment to youth development and succession planning.
Moreover, Mr Alawuba shared UBA’s plans to redeploy staff to other subsidiaries of UBA Plc, reflecting the bank’s strategic realignment and resource optimization across its global network.
Governor Addison provided insights into Ghana’s economic landscape, acknowledging the challenges the country had faced in recent years but expressing optimism about the economy’s resilience, citing positive indicators such as declining inflation and interest rates. He also confirmed the approval of Uzo as the Managing Director/CEO of UBA Ghana, signaling confidence in UBA’s leadership transition process.
Overall, the meeting served as a platform for fruitful discussions on regulatory compliance, strategic expansion, and the broader economic landscape, reaffirming UBA’s commitment to driving sustainable growth in Ghana and beyond. Accompanying the UBA Group MD were Abiola Bawuah, Executive Director of the UBA Group and CEO for UBA Africa with responsibility over 19 subsidiaries, and Uzoechina Molokwu, Managing Director for UBA Ghana.
