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CIBN Appoints UBA CEO, Oliver Alawuba As Chairman

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The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN), the Body of Banks’ CEOs.

The CIBN announced this appointment on its website on Monday, July 8, 2024.

This prestigious appointment underscores Alawuba’s extensive experience and visionary leadership in the banking sector, as well as his unwavering commitment towards advancing the financial industry in Nigeria and across Africa.

In his role as Chairman, Alawuba will be at the forefront of fostering collaboration and driving strategic initiatives among the top executives of banks in Nigeria.

Like he has achieved as the GMD of Africa’s Global Bank, UBA, his leadership is expected to bring innovative solutions and strengthen the collective efforts of the banking community while addressing the dynamic challenges and opportunities within the financial sector.

The CIBN also announced the appointment of Mrs. Miriam Olusanya, the CEO of GTBank, as the Vice Chairman of the Body of Banks’ CEOs. Her appointment, alongside Alawuba’s, signifies a strong and unified leadership team poised to enhance the banking landscape in Nigeria.

UBA extends its heartfelt congratulations to Alawuba and Olusanya on their appointment and the Bank is confident that their combined expertise and visionary leadership will usher in a new era of progress and innovation for the banking industry in Nigeria, and that under their guidance, the Body of Banks’ CEOs will continue to play a pivotal role in shaping policies and strategies that will drive sustainable economic growth and enhance the overall stability of the financial system in Nigeria.

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UBA Accelerates Gender Inclusion with 58% Female Representation in Fresh GMAP Intake

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As the world celebrates International Women’s Day 2025, Africa’s Global Bank, United Bank for Africa (UBA) continues to reinforce its unwavering commitment to gender diversity, equality, and empowerment.

This year’s IWD global theme, “Accelerate Action”, aligns perfectly with UBA’s drive to champion inclusion and create meaningful opportunities for women in the workplace.

On Wednesday, the bank graduated its latest cohort of 1,138 Graduate Management Accelerated Programme (GMAP) trainees, out of which 666, representing an impressive 58% were women.

UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who pointed this out during the graduation ceremony which was held in Landmark Event Centre, said the milestone is a testament to UBA’s continued efforts in fostering a workplace where talent thrives – regardless of gender, background, or status.

He maintained that UBA stands out as a financial institution that does not just talk about inclusion but lives it, adding that “With a female-dominated Board and Executive Management team, UBA has consistently demonstrated that gender parity is a key pillar of its success. Our commitment goes beyond policies – it is evident in the tangible opportunities we create for women at every level of the organisation.”

While celebrating the womenfolk for their contribution to the bank’s growth and success over the year, Alawuba stated “At UBA, we do not just celebrate women- we amplify them. We believe that an inclusive workforce drives innovation, excellence, and long-term success. The fact that the majority of our new graduate trainees are women underscores our commitment to nurturing female talent and accelerating their progress in the corporate world.”

UBA has long been a champion of gender empowerment, investing in initiatives that support female professionals, entrepreneurs, and communities. From its mentorship and leadership programs to its women-focused financial services, the bank continues to set the pace for gender inclusion in Africa’s financial sector.

UBA’s Group Head, Human Resources, Modupe Akindele explained that the bank is passionate about helping its staff grow, regardless of their gender. According to her, UBA celebrates the resilience, strength, and contributions of women everywhere and remains committed to ensuring that every woman has the support, resources, and opportunities needed to thrive.

She said, “Our goal with GMAP is to show young professionals that their dreams are valid right here in Africa. We are not just providing jobs; we are creating pathways to leadership, innovation, and impact. This programme ensures that young people whether male or female, see the immense possibilities that exist within UBA and the African financial sector at large.”

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally. Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

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UBA Invests in Future Leaders, Inducts 3200 Young Professionals under GMAP Initiative

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Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of banking and finance professionals on the continent through its Graduate Management Acceleration Programme (GMAP) which to date has produced over 3,222 young professionals across Africa.

Since inception three years ago, the GMAP, designed to equip entrants with the necessary skills and knowledge, has provided mentorship, training, and hands-on experience to young graduates for leadership roles in UBA.

On Wednesday, a ceremony was held at the Landmark Event Centre to induct another cohort of 1,138 successful graduates who were absorbed by the bank following intensive training spanning several months of rigorous learning, testing the entrants’ dedication and resilience.

The momentous ceremony was graced by the UBA Group Chairman, Tony Elumelu, the Group Managing Director/ CEO, Oliver Alawuba, and other Board Members, Executive Management, faculty members, mentors, families, and friends of the graduates.

Elumelu, who expressed his excitement over the new graduates, highlighted the bank’s passion for youth empowerment in Africa while bridging the unemployment gap, which according to him, remains one of the greatest challenges in the continent,

He said, “At UBA, we believe that Africa’s transformation is in the hands of young, dynamic, and ambitious professionals such as you. Through GMAP, we are not only shaping future leaders but also reinforcing our commitment to excellence and impact. To our graduands, remember that success is built on hard work, resilience, and a commitment to continuous learning. The world is waiting for you to make your mark.”

Speaking earlier at the event, UBA’s Group Managing Director/CEO, Oliver Alawuba, expressed immense pride in the graduands and reiterated the bank’s unwavering commitment to human capital development.

“This moment marks the beginning of a transformational journey that will shape your careers, your contributions to society, and Africa at large. The GMAP is a testament to our vision of empowering the brightest minds with the skills, knowledge, and mind-set required to navigate the ever-evolving financial landscape,” Alawuba stated.

He pointed out UBA’s commitment to gender diversity and inclusion, highlighting that of the fresh 1,138 graduands, 666 (representing 58%) are women, a reflection of the bank’s dedication to fostering an equitable and inclusive workplace.

Encouraging the graduands, Alawuba charged them to uphold UBA’s core values of Excellence, Enterprise, and Execution, while embracing the bank’s Persona of Simplicity, Responsiveness, and Goal-oriented (SRG).

The ceremony featured inspiring testimonies from GMAP alumni who have made significant strides within the bank.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally. Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edgetechnology.

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FirstBank Holds Groundbreaking Ceremony for New State-of-the-Art Eco-friendly Headquarters

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FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, today marks a significant milestone with the groundbreaking ceremony for its new green-certified Iconic Head Office Building in Eko Atlantic City, Lagos.

This ambitious project 40-story building project set to be the tallest building in Nigeria, will be an engineering and environmental delight due to its technologically advanced, eco-friendly and sophisticated construction which would set a new standard for the financial services sector in Africa.

The groundbreaking ceremony signifies the beginning of a transformative journey that reinforces FirstBank’s commitment to excellence, innovation, and customer satisfaction. The new headquarters is designed with sustainability in mind, featuring a green-certified building that reduces operational costs and positions FirstBank as a leader in sustainable banking practices.

According to Olusegun Alebiosu, CEO, FirstBank Group, “We are proud to mark this significant milestone in our journey towards excellence. Our new Head Office is envisioned as a world-class structure that represents our dedication to innovation, customer satisfaction, and sustainability. We believe that this development will play a crucial role in fostering economic growth and development across Africa, creating long-term value for all our stakeholders.”

With a legacy spanning over 130 years, FirstBank has consistently demonstrated its commitment to innovation, customer-centricity, and sustainable business practices. The Bank has a robust international presence, operating subsidiaries in nine countries across three continents.

Femi Otedola, Chairman, FirstHoldCo, added, “Today’s gathering highlights the importance of collaboration and support from various sectors in bringing our ambitious plans for the new headquarters to life. We appreciate the unrelenting support from our customers and stakeholders as we work together to turn this vision into reality.”

The groundbreaking ceremony will be attended by prominent dignitaries, including the President of the Federal Republic of Nigeria, Senator Bola Ahmed Tinubu GCFR, Senators and Lawmakers, State Governors, Federal Ministers and Captains of industry. This event marks the beginning of an exciting new chapter in FirstBank’s storied history, solidifying its role as a leader in the African financial industry.

Olayinka Ijabiyi
Ag. Group Head, Marketing & Corporate Communications
First Bank of Nigeria Limited

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