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UBA CEO named Ai 40 CEO of the Year

By on September 28, 2011

Phillips Oduoza, the group managing director and chief executive officer of United Bank for Africa (UBA) Plc, has been named the African Investor Ai 40 CEO of the year.

Oduoza emerged victorious from a shortlist including the CEO of Zenith Bank (Nigeria) Godwin Emefiele, the CEO of Standard Bank (South Africa) Sim Tshabalala and Equity Bank’s Kenya MD James Mwangi.

Oduoza was responsible for spearheading the renaissance of pan-African financial services, according to Africa Open for Business Chief Executive Officer Carol Pineau.

The Ai Index Series Awards recognises African CEOs, stock exchanges, listed companies, fund managers, stock brokers and research analysts.

Oduoza thanked the organisers and reaffirmed UBA’s commitment to Africa, where it has a presence in 19 countries, as well as overseas in New York, London and Paris.

Earlier this year UBA reported a 67% surge in biannual net profits, which were recorded at N8.1bn for the first six months of the year.