UBA bags Independent Newspaper’s bank of the year award

UBA House

United Bank for Africa (UBA) Plc has won the Bank of the Year laurel at the Independent Newspaper Awards.

The bank was announced winner of the coveted awards at a glamorous event on May 1 in Lagos which was well-attended by the top echelon of the financial sector including bank CEOs, captains of industries and senior financial executives.

UBA’s directorate head, Lagos Island, Uzoechina Molokwu who represented deputy managing director, Liadi Ayoku, received the award on behalf of the bank.

Commenting on the award, Mr Ayoku stated: “This award marks another milestone for the UBA Group and is a testament of the diligent execution of the bank’s strategic initiatives on customer service. For us, being recognised as Bank of the Year complements positive feedback from customers and is a recognition of our improving efficiencies, service quality and innovation.

“I therefore dedicate this award to our growing loyal corporate and retail customers, who are our essence. Given our heritage and commitment to Africa’s development, we continue to impact lives through our services as well as our financial support to individuals, businesses and government.”

Ayoku pointed out that the pan-African bank remains focused on its goal of democratising game banking in Africa, leveraging new technologies and emphasised its determination to change the narrative of financial services on the continent.

While presenting the award to the bank, Mr Okere noted that UBA has excelled in the key areas of prioritising customers, which, according to him, has earned the bank the highly coveted laurel.

He explained that the bank stood out in prioritising customers and improving its technological offerings to accommodate the growing needs of its customers.

He said that even though Africa’s economic landscape has been unpredictable in recent times, a factor that has resulted in business challenges in Nigeria and some of Africa’s best performing economies, UBA was still able to find its rhythm and excelled as is evident from its recently released first quarter results.