Leading African financial institution, United Bank for Africa (UBA) Plc has won African Bank of the Year 2019 award by The Banker Magazine.
UBA is winning the award for the second time after it clinched the prestigious award back in 2017 as the Best African Bank.
However, this year, UBA won best bank category in 6 of its subsidiaries: UBA Benin, UBA Tchad, UBA Gabon, UBA Congo, UBA Cote D’Ivoire and UBA Sierra Leone.
The unprecedented win marks the first time ever in the history of the banker awards, that anyone bank will be given as many as six (6) wins including the grand regional award.
The awards ceremony took place at the Sheraton Grand, Park Lane in London at the weekend where UBA was represented by its Chief Executive Officer, UBA Africa, Mr. Victor Osadolor who received all seven awards on behalf of the bank.
John Everington, Middle East and Africa Editor for The Banker, said the aim of the award “is to highlight industry wide excellence within the global banking community. The winner is selected from participating banks in each of the countries from which entries are received for the competition.”
UBA’s Group Managing Director/Chief Executive Officer, Mr. Kennedy Uzoka, who expressed delight over the recognition from The Banker stated; “The recognitions come as a reassurance that we are on track in consolidating our leadership position in Africa, as we continue to create superior value for all our stakeholders,”
“UBA must be doing something right, and for us, these awards mark another milestone for the Group. It is a testament of the diligent execution of the bank’s strategic initiatives geared towards customer service. Being recognised as Africa’s best bank complements positive feedback from customers and is a recognition of our improving efficiencies, service quality and innovation. I therefore dedicate it to our growing loyal corporate and retail customers, who are our essence.”
Uzoka dedicated the awards to the UBA’s customers, “whose loyalty, support and patronage have remained the source of the group’s growth and competitive edge in all the markets we operate.”
The CEO of UBA Africa, Victor Osadolor who received the awards, added: “UBA group will continue to innovate and lead in all our business segments, whilst delivering top-notch operational efficiencies and best-in-class customer service. We are beginning to realise early gains from our ongoing transformation programme and I am excited about the days ahead.”
The Banker Magazine is a publication of the Financial Times – a leading global finance news publication which has been in existence since 1888. The Banker Magazine is the definitive reference in international banking for high-level decision-makers globally.
The “Bank of the Year Awards” are widely regarded as the Oscars of the Banking Industry. For over 90 years, The Banker has been the world’s leading monthly journal for the banking industry.
United Bank for Africa Plc (UBA) is a leading pan-African financial services group with a presence in 20 African countries, as well as the United Kingdom, the United States of America and France.