What Does United Bank for Africa Plc Do?

Total employees25000
HeadquartersLagos Island
Founded1949

United Bank for Africa Plc (UBA) is a leading Pan-African financial services group headquartered in Lagos, Nigeria. With operations in 20 African countries and a presence in the United Kingdom, the United States, France, and the UAE, UBA provides a comprehensive range of banking and financial services to over 25 million customers. These services include corporate, commercial, SME, consumer, and retail banking, as well as trade finance, treasury services, and digital banking solutions. UBA is committed to facilitating economic development across Africa and connecting the continent to the global financial system.

Where Is United Bank for Africa Plc's Headquarters?

United Bank for Africa Plc officeUnited Bank for Africa Plc officeUnited Bank for Africa Plc officeUnited Bank for Africa Plc office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters serves as the central command for UBA's extensive network, directing strategy, corporate governance, risk management, and overarching operations across all its subsidiaries.

Notable Features:

UBA House is a prominent landmark on the Lagos Marina, recognized for its modern architectural design and its significant presence in the city's primary financial district.

Work Culture:

The HQ fosters a high-performance, innovative, and collaborative work environment. It emphasizes customer-centricity, ethical practices, and entrepreneurial spirit, attracting top talent from across the continent.

HQ Significance:

Its location in Lagos underscores UBA's Nigerian heritage and its pivotal role in the African banking landscape. It symbolizes the bank's strength, stability, and commitment to driving financial inclusion and economic growth across Africa.

Values Reflected in HQ: The headquarters reflects UBA's core values of Enterprise, Excellence, and Execution. Its prominent and modern structure signifies leadership, ambition, and a commitment to serving Africa's financial needs.

Location:

United Bank for Africa Plc supports a wide array of functions globally, reflecting its status as 'Africa's Global Bank'. These include retail and corporate banking across 20 African nations. Internationally (UK, USA, France, UAE), UBA facilitates trade finance, correspondent banking, treasury services, remittances, and advisory services, connecting African economies with major global financial centers and supporting cross-border business activities for its diverse clientele.

Street Address:

UBA House, 57 Marina

City:

Lagos Island

State/Province:

Lagos State

Country:

Nigeria

Where Else Does United Bank for Africa Plc Operate Around the World?

Accra, Ghana

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

Drives UBA's growth in the Anglophone West African market, supports trade finance, and provides digital banking solutions tailored to the Ghanaian economy.

Nairobi, Kenya

Address: UBA Kenya Head Office, Apollo Centre, Ring Road, Westlands, Nairobi, Kenya

Strengthens UBA's presence in the East African financial market, facilitating intra-African trade and investment, and contributing to Kenya's economic development.

London, United Kingdom

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

Serves as a crucial link between Africa and Europe, facilitating international trade flows, investment, and financial services for clients operating across these regions.

New York, USA

Address: 1 Rockefeller Plaza, Suite 622, New York, NY 10020, USA

Facilitates dollar-denominated transactions and provides a gateway for U.S. entities looking to do business in Africa, and for African clients accessing U.S. markets.

Buying Intent Signals for United Bank for Africa Plc

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 United Bank for Africa Plc? Meet the Executive Team

As of April 2025, United Bank for Africa Plc' leadership includes:

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

Who's Investing in United Bank for Africa Plc?

United Bank for Africa Plc has been backed by several prominent investors over the years, including:

Publicly Traded (Nigerian Exchange Group - NGX: UBA)
Stanbic IBTC Nominees Limited (Significant Shareholder)
Various Institutional Investors (Pension Funds, Asset Managers)
Retail Investors

What Leadership Changes Has United Bank for Africa Plc Seen Recently?

Hire1
Exits0

UBA periodically refines its leadership team to align with strategic goals. Over the past year, notable appointments have aimed at strengthening its African and international operations. (Specific high-profile exits are not widely publicized unless part of major strategic shifts or retirements).

New Appointments:

Theresa Henshaw, Theresa Henshaw was appointed to the Board of UBA Plc as an independent Non-Executive Director, bringing extensive experience in banking and financial services.

What Technology (Tech Stack) Is Used byUnited Bank for Africa Plc?

Discover the tools United Bank for Africa Plc uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

United Bank for Africa Plc Email Formats and Examples

United Bank for Africa Plc (UBA) commonly uses a standard corporate email format, typically combining elements of an employee's name with the company domain. The most prevalent format is likely [firstname].[lastname]@ubagroup.com.

[firstname].[lastname]@ubagroup.com

Format

oliver.alawuba@ubagroup.com

Example

90%

Success rate

What's the Latest News About United Bank for Africa Plc?

Nairametrics • May 15, 2024

UBA records N502.09 billion gross earnings in Q1 2024 as profit grows by 165.9%

United Bank for Africa (UBA) Plc released its unaudited financial results for Q1 2024, reporting gross earnings of N502.09 billion, a 110% increase from Q1 2023. Profit before tax (PBT) grew by 155.1% to N156.34 billion, and profit after tax (PAT) rose by 165.9% to N142.58 billion....more

Premium Times Nigeria • April 29, 2024

UBA posts record profit, declares N2.30 final dividend

UBA Plc reported its highest-ever profit after tax of N607.7 billion for the full year 2023, a 257% increase from the previous year. The bank proposed a final dividend of N2.30 per share, bringing the total dividend for 2023 to N2.80 per share....more

UBA Group News • February 20, 2024

UBA Partners AfCFTA Secretariat to Invest $6bn to Support African SMEs

United Bank for Africa (UBA) Plc announced a landmark partnership with the African Continental Free Trade Area (AfCFTA) Secretariat. UBA has committed to investing $6 billion over the next three years to support Small and Medium Enterprises (SMEs) across Africa, aiming to boost intra-African trade and economic development under the AfCFTA agreement....more

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