Nigeria's UBA Group appoints Kennedy Uzoka as Managing Director, Victor Osadolor as Deputy MD

Kennedy Uzoka, incoming Managing Director of UBA Group

Lagos-based UBA Group has appointed Kennedy Uzoka as Group Managing Director, with effect August 1st, 2016 and contingent on the approval of Nigeria‘s Central Bank.
Kennedy Uzoka succeeds Phillips Oduoza, who retires on July 31, 2016, after two terms of leading the UBA Group.
Uzoka’s most recent role was the leadership of UBA’s transformation agenda, following his return from Harvard Business School’s Advanced Management Program.
Uzoka has over two and a half decades of experience in commercial banking, strategy and business transformation. Prior to his sabbatical at Harvard, Uzoka served as UBA Group’s Deputy Managing Director. Uzoka also served as the CEO of UBA Africa, responsible for the group’s operations in 18 countries across Africa.
Uzoka holds a BSc in Mechanical Engineering from the University of Benin. He also holds a Master’s Degree in Business Administration from the University of Lagos. Uzoka completed Harvard Business School’s Advanced Management Program (AMP).
UBA Group has also appointed Victor Osadolor as Deputy Managing Director. Osadolor has served as UBA’s Executive Director, Risk and Finance. Prior to joining UBA, Osadolor served as Ecobank’s Chief Strategy Officer.
Osadolor holds a BSc in Accounting and is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN). He also completed Harvard Business School’s Advanced Management Program.
Speaking on Kennedy Uzoka’s appointment, UBA Group’s Chairman Tony Elumelu said: “Kennedy brings an extremely strong skill set and is ideally positioned to lead UBA in its next phase of growth.”
“His most recent experience of managing the group’s increasingly important African business, is particularly relevant, as we all work to build one of the leading financial services franchises in Africa. I have no doubt that both he and Victor, with their expertise and depth of business experience, will ensure that the bank is best positioned to deliver on its strategic ambition. I would also like to take the opportunity to thank Phillips, for all that he has done for the bank in guiding UBA through a particularly challenging period. The board feels that the strong foundations created during Mr. Oduoza’s term provide an excellent basis for our further success,” Elumelu added.