UBA 75 years old: Innovation and digital transformation are at the heart of UBA’s strategy for future growth and competitiveness – GMD

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Mr. Arauba and other bank executives attended the event.

Oliver Arauba, Group Managing Director of United Bank for Africa (UBA), said on Monday that the bank has demonstrated remarkable financial strength and resilience in its 75 years of existence amidst economic challenges and market trends. Stated.

Speaking at the 75th World Press Conference held at the UBA Headquarters in Marina, Lagos, Governor Arauba said the bank’s excellent performance, especially in the last year, is evidence of strong fundamentals and sound strategic decisions. .

“As we navigate this ever-changing situation, we remain committed to creating value for our shareholders and capitalizing on new opportunities in the marketplace,” he said.

Mr Arauba said innovation and digital transformation are at the heart of UBA’s strategy for future growth and competitiveness, with the bank focusing on innovative products, services and digital platforms that improve the customer experience and increase operational efficiency. The company said it will continue to invest in

“Our commitment to corporate social responsibility is strong, with initiatives focused on education, healthcare, entrepreneurship, and environmental sustainability. We therefore have a tangible impact on communities across Africa. can be given,” he added.

The bank’s CEO said: “Looking to the future, our vision is clear – to be a role model for African business. UBA is one bank that connects Africans to the world and the world to Africa while uniting Africa. Our primary focus is to be the clearing bank for capital flows, trade and investment between Africa and the rest of the world.”

“We are committed to expanding our presence, seizing growth opportunities and delivering value to all stakeholders. A $6 billion SME signed with the African Free Trade Area (AfCFTA) The cooperation and partnership represented by the funding agreement will help us achieve our strategic goals.

“We are committed to deepening our relationships with our customers, employees, regulators and other stakeholders for mutual benefit and long-term success.”

Arauba added that the milestones reached by the bank are not just a celebration of longevity, but a testament to the resilience, innovation and unwavering commitment to excellence that have characterized UBA’s journey over the decades. .

“As we consider the significance of this milestone, it is important to recognize that UBA means different things to different people. For some, UBA is a trusted financial partner. For others, UBA is a beacon of stability and reliability, a development partner for various communities as well as a catalyst for African development.

“Since its founding in 1949, UBA has grown from humble beginnings on Lagos Island to become a global financial institution with offices in 20 African countries and four global financial centers (New York, London, Paris and Dubai).

“Currently, we have more than 25,000 staff and reach more than 35 million customers through multiple channels, including more than 350,000 point-of-sale terminals, 2,000 ATM terminals, 1,000 branch offices, and 19.7 million card customers. The past 75 years have been marked by stability and excellence, the pillars on which UBA’s tradition stands,” said Mr. Arauba.

Muyiwa Akinyemi, Group Deputy Managing Director of UBA, said the bank operates across four continents, with offices in 20 African countries, the US, France, the UK and the UAE.

Akinyemi further noted that over the past 75 years, UBA has epitomised stability, reliability and excellence in banking, achieving numerous milestones and making a positive impact on the communities it serves.

He said the bank’s commitment to an exceptional customer experience, as well as its longstanding financial strength and resilience, were key to its success.

“Our strong performance, particularly over the past few years, confirms our sound strategy and commitment to operational excellence. UBA remains an attractive investment opportunity as we continue to deliver outstanding value to our shareholders.” is.

“At UBA, innovation and digital transformation are at the heart of our future growth, and we remain committed to improving the customer experience at every touchpoint while solidifying our position.

“We are committed to delivering value that improves the customer experience while solidifying our position as a forward-thinking company,” he said.

The source of this program
“These components are elegant.”
“The event was attended by Mr. Allauba and other senior staff of the bank. United Bank for Africa (UBA) Group Managing Director Oliver Allauba said on Monday that amid the economic situation…”
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