Ghana: UBA Group MD visits BoG Governor

The Group Managing Director of United Bank for Africa (UBA) Group, Oliver Alawuba, recently met with the Governor of the Bank of Ghana, emphasizing UBA’s dedication to regulatory compliance and strategic growth in Ghana and other markets.

Mr. Alawuba reassured Dr. Ernest Addison of UBA’s steadfast commitment to compliance with regulations and directives issued by the Bank of Ghana, particularly regarding the Domestic Debt Exchange Programme. This underscores the bank’s unwavering dedication to operational integrity and adherence to regulatory standards.

The Group MD of UBA Group emphasized notable advancements in UBA’s operations in Ghana, including the construction of a new Head Office, signaling the bank’s enduring investment in the country’s financial sector.

Additionally, he disclosed UBA’s plan to extend its footprint to all 16 regions of Ghana, with the goal of promoting financial inclusion and enhancing accessibility nationwide.

In a strategic initiative to cultivate young talent, Mr. Alawuba revealed that UBA had launched a flagship program aimed at recruiting and nurturing young graduates.

He expressed confidence that these individuals would ascend to key positions within the bank over the next five years, underscoring UBA’s dedication to youth development and succession planning.

Mr. Alawuba announced UBA’s intentions to redeploy staff to other subsidiaries of UBA Plc, showcasing the bank’s strategic realignment and resource optimization across its global network.

He also informed the Governor that the UBA Group will celebrate 75 years, while the Ghana subsidiary will mark 20 years of operation.

On the regulatory front, Governor Addison provided insights into Ghana’s economic landscape, acknowledging the challenges the country had faced in recent years.