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The Group Managing
Director of the United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza,
has been named Socially Responsible Investment (SRI) 30 “CEO of the
Year” by African Investor; one of the leading investment and specialist
communications firm advising governments and businesses on investments
in Africa.
Mr.
Oduoza received the award at the Africa investor (Ai) CEO Institutional
Investment Summit, held at the New York Stock Exchange, on Tuesday.
The SRI Index series were instituted in 2008 at the United Nations, as a
concrete step to engage investors and businesses in support of the UN
Millennium Development Goals (MDGs) in Africa.
The UBA CEO was
chosen in recognition of his exceptional achievements over the last year
which is seen as an “inspiration for business and government leaders
working to raise Africa’s investment profile” the award organisers said
in a statement.
The judging panel considered excellent
leadership skills, enhanced organisational image, innovation and
originality as well as alignment with the millennium development goals
in choosing the Socially Responsible Investment (SRI) 30 CEO of the
year.
Since becoming Managing Director, Mr. Oduoza has
been spearheading a number of growth initiatives including, the recently
launched Project Alpha; UBA’s three-year road map of key transformation
initiatives, designed to consolidate the group’s strategic
positioning, and fully exploit the burgeoning opportunities from
Africa’s economic renaissance, and the group’s unique platform.
Commenting
on the award, Oduoza said, “I am excited about the significant strides
we are making at UBA. I dedicate this award to the multi-cultural,
multilingual staff of UBA. We take pride in our pan-African
heritage, and the significant contributions we are making to economic
development on the continent”.
The UBA Group remains a
highly diversified financial services provider with operations in 19
African countries, New York, London and Paris. It has over the
years, built a strong retail franchise across the continent, offering
its more than seven million customers, a bouquet of products and
services tailored to meet their different financial needs/end.