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UBA marks 10 years of operating in Ghana

By on December 9, 2015

The United Bank for Africa (UBA) Plc recently celebrated 10 years of its operations in Ghana, one of the 18 country subsidiaries outside Nigeria in the UBA group.

UBA Ghana holds is the flagship subsidiary of UBA having opened its offices for business in 2005, the first foray of the UBA group outside the shores of Nigeria. Since then, UBA has gone on to open successful subsidiaries in 17 more African countries.

Speaking on the significance of the celebrations, a statement yesterday quoted the Group Managing Director of the UBAGroup,Phillips Oduoza, to have said: “The opening of UBA Ghana in January 2005, represented UBA’s ambition of becoming the bank for Africans regardless of continent of residence.”

To mark the 10th year milestone in Ghana, the Board of Directors of the UBA group chose Accra for their annual board meeting for the first time in the bank’s history.

“Although, proud of the Bank’s Nigerian heritage, UBA’s ambition is pan-African, an agent to foster Africa’s destiny, helping increase and integrate trade, break down barriers and fund growth,” explained Mr. Oduoza

Also speaking during the anniversary celebration, the Chairman of UBA, Mr. Tony Elumelu, said: “We do banking the way we do, because we want to unite Africa to the world.”

Elumelu along with a delegation of UBA Ghana and UBA group board members were said to have had an audience with President John Mahama of the Republic of Ghana during which they held discussions on how the UBA Group could effectively partner with Ghanaian government in its aim of becoming the economic power house of Africa.

 

[ThisDay]