What Does UBA Group Do?

Total employees16360
HeadquartersLagos Island, Lagos
Founded1949

United Bank for Africa Plc (UBA) is a multinational pan-African financial services group headquartered in Lagos, Nigeria. It has subsidiaries in 20 African countries and offices in London, Paris, Dubai and New York. It offers universal banking services to more than 25 million customers across retail, commercial, and corporate segments. UBA is listed as a public company on the Nigerian Stock Exchange and has a rich history of providing financial solutions and driving economic development across Africa.

Where Is UBA Group's Headquarters?

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*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for UBA Group's global operations, strategic decision-making, corporate governance, and policy formulation.

Notable Features:

The UBA House is a prominent high-rise building in the Lagos Marina, a key business district. It's known for its distinctive architecture and significant presence on the Lagos skyline.

Work Culture:

The HQ fosters a dynamic, professional, and performance-driven work culture, emphasizing innovation, customer-centricity, and collaboration among its diverse workforce.

HQ Significance:

The headquarters is pivotal to UBA's pan-African strategy, coordinating its extensive network of subsidiaries and international offices, and symbolizing its commitment to African economic integration.

Values Reflected in HQ: The headquarters' design and operations aim to reflect UBA's core values: Enterprise, Excellence, and Execution, as well as its commitment to sustainability and community development.

Location:

UBA supports a wide array of functions globally, including retail banking, corporate banking, investment banking, trade finance, treasury services, digital banking, and money transfer services. Its operations span 20 African countries (including Nigeria, Ghana, Kenya, Ivory Coast, Senegal, Uganda, Tanzania, Sierra Leone, etc.) and international financial centers like New York, London, Paris, and Dubai, facilitating international trade and investment into and out of Africa.

Street Address:

57 Marina

City:

Lagos Island, Lagos

State/Province:

Lagos State

Country:

Nigeria

Where Else Does UBA Group Operate Around the World?

New York, USA

Address: 1 Rockefeller Plaza, Suite 922, New York, NY 10020, USA

To connect African businesses with global markets, particularly in North America, and to provide banking services to individuals and institutions with interests in Africa.

London, United Kingdom

Address: 33 Gracechurch Street, London, EC3V 0BT, United Kingdom

To facilitate trade and investment flows between Europe and Africa, leveraging London's status as a global financial center.

Paris, France

Address: 118 Av. des Champs-Élysées, 75008 Paris, France

To strengthen UBA's presence in the Eurozone and enhance financial connectivity with Francophone African countries.

Accra, Ghana

Address: Heritage Tower, Ambassadorial Enclave, Off Liberia Road, Ridge, Accra, Ghana

To serve the Ghanaian market with comprehensive banking solutions and support economic growth in Ghana, a key market in West Africa.

Buying Intent Signals for UBA Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading UBA Group? Meet the Executive Team

As of April 2025, UBA Group' leadership includes:

Tony O. Elumelu, C.F.R. - Group Chairman
Oliver Alawuba - Group Managing Director/CEO
Muyiwa Akinyemi - Deputy Managing Director
Ugo Nwaghodoh - Group Chief Finance Officer
Emem Usoro - Executive Director, North Bank
Sola Yomi-Ajayi - Executive Director, Treasury & International Banking
Alex Alozie - Executive Director/Group Chief Operating Officer

Who's Investing in UBA Group?

UBA Group has been backed by several prominent investors over the years, including:

United Bank for Africa Plc is a publicly traded company listed on the Nigerian Exchange Group (NGX).
Its shares are held by a diverse group of institutional and retail investors.
Notable institutional investors often include pension funds, asset management firms, and insurance companies operating in Nigeria and internationally.
Stanbic IBTC Nominees Limited (often holds shares on behalf of various investors)
Key individual shareholders may include company directors and founders, subject to public disclosures.

What Leadership Changes Has UBA Group Seen Recently?

Hire1
Exits1

While specific comprehensive lists of all minor executive movements are not always centrally publicized, major appointments or changes at the board and top executive level are typically announced. In August 2022, Oliver Alawuba was appointed as Group Managing Director/CEO, succeeding Kennedy Uzoka. Recent specific changes in the last 12 months from today's date would require checking very current financial news releases.

Departures

Kennedy Uzoka, Kennedy Uzoka retired from his role as GMD/CEO after completing his tenure.

New Appointments:

Oliver Alawuba, Oliver Alawuba was appointed as the Group Managing Director/CEO of UBA Group.

What Technology (Tech Stack) Is Used byUBA Group?

Discover the tools UBA Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

UBA Group Email Formats and Examples

United Bank for Africa (UBA) commonly uses a standard corporate email format. The most prevalent format is firstname.lastname@ubagroup.com. Variations might exist for common names or specific departments.

firstname.lastname@ubagroup.com

Format

john.doe@ubagroup.com

Example

85%

Success rate

What's the Latest News About UBA Group?

Premium Times NigeriaOctober 27, 2023

UBA posts record Profit After Tax of N449 billion in nine months

United Bank for Africa (UBA) Plc reported a significant surge in its financial performance, with Profit After Tax (PAT) reaching N449.3 billion for the nine months ending September 2023. This marks a substantial increase compared to the N116 billion recorded in the same period of 2022....more

ThisDay LiveMay 20, 2024

UBA Achieves Remarkable Q1 2024 Results with 155% PAT Growth

United Bank for Africa Plc (UBA) has announced its unaudited financial results for the first quarter ended March 31, 2024, showing remarkable performance. The Group’s Profit Before Tax (PBT) rose by 155.1% to N156.34 billion from N61.37 billion in Q1’2023, while Profit After Tax (PAT) grew by 165.9% to N142.59 billion from N53.63 billion....more

UBA Group NewsApril 29, 2024

UBA Group Chairman, Tony Elumelu, Receives TIME100 Impact Award

Mr. Tony O. Elumelu, CFR, Group Chairman of United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation, was honored with a TIME100 Impact Award in Kigali, Rwanda. The award recognizes his significant contributions to business, philanthropy, and African development through his philosophy of Africapitalism....more

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