Prior to this appointment, Mr Oduoza was the bank’s deputy managing director overseeing its operations in the South. He has over 22 years experience in banking and financial services spanning banking operations, relationship management, credit/marketing, technology implementation, risk management, lean banking methods and brand management.

In addition, the bank has also named Femi Olaloku as executive director and group chief operating officer, Kennedy Uzoka as executive director – Nigeria South.

Kennedy Uzoka, currently the group director of resources with responsibility for human capital management, marketing & corporate communications and corporate services group wide, brings an experience of nearly two decades in marketing, business strategy and resources management to the executive team.

Ifeatu Onejeme is named as executive director of treasury, corporate and investment banking and the group’s operations outside Africa. He has over 23 years of banking and financial services experience spanning operations and information technology, treasury, corporate banking, commercial and consumer banking, risk management, human resources management and general administration.

Victor Osadolor is named as deputy managing director of the group. He is currently executive director and group chief finance officer. Earlier, he joined Standard Trust Bank (STB) in 2000 as divisional director, strategy and support, and was later appointed executive director in June 2002. He co-chaired the team that managed the STB-UBA integration programme.

Femi Olaloku will oversee IT, operations, global shared services and the customer service group. He is currently the group director, operations and information technology. He joined UBA in 2006 as the general manager, information technology.

Tony Elumelu, current group chief executive of UBA, said: “UBA has grown to be an African financial institution in a short period of time, redefining banking not just in Nigeria, but across Africa. Mr Oduoza, in conjunction with the extremely strong executive team that surrounds him, will play a determining role in delivering on the promises we have made to our customers, shareholders and staff. His appointment, from an extremely able team, is also a tribute to UBA’s longstanding commitment to nurturing talent and ensuring orderly succession planning.”

However, all the appointments are subject to the approval of the Central Bank of Nigeria.