NewsOnline Nigeria reports that Oliver Alawuba is the Group Managing Director/CEO of United Bank for Africa (UBA) and the non-executive director of the bank.
This Nigeria news platform understands that Oliver Alawuba was appointed to the position in August 2022 to replace Kennedy Uzoka.
Oliver Alawuda is married to Professor Nkeiruka Oly-Alawuba.
He is an alumnus of the University of Ibadan (UI).
Alawuba holds Bachelor’s and Master’s degrees in Food Science and Technology and an MBA in Banking and Finance.
He is an alumnus of the AMP and SEP programmes of the prestigious INSEAD Business School, France, and the London Business School respectively.
He is also a Fellow of the Nigerian Institute of Management (NIM).
Mr. Oliver Alawuba has acquired 25 years of work experience in the banking industry after his short foray into academia.
He joined the former Standard Trust Bank (STB) as a pioneer staff in 1997 and has held a series of senior positions, including the chief executive officer of UBA Ghana.
He is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria, a Fellow of the Nigeria Institute of Management, and a Member of the Institute of Directors, Nigeria.
Alawuba was conferred with the highest honour for bankers during the Chartered Institute of Bankers Nigeria’s 2023 investiture ceremony held in Lagos.
Oliver Alawuba in November 1, 2023 purchased about 22 million shares of United Bank for Africa Plc, according to information disclosed by the group.
The shares were obtained at an aggregate price of N21.41 per share unit, thus the purchase of the share was valued at N488.5 million.
Before the November 1 transaction, Alawuba owned just 1,593,248 units of UBA shares. But now, he owns 24,409,420 shares in the group.
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