United Bank for Africa (UBA) Plc has emerged Champon Newspapers’ 2022 Bank of the Year thus setting the stage for the formal presentation of the prestigious award on the pan African financial institution at a ceremony scheduled for Eko Hotels and Suites, Victoria Island, Lagos on Friday May 12, 2023.
UBA, through its Head of Media and External Relations, Mr. Ramon Nasir, in accepting the nomination for the all important award said, “I thank you for the impending recognition of our institution by your Newspapers. We are most grateful, and thank you for your support over the years” .
The Champion annual award is a modest way by the Company of appreciating outstanding leaders and institutions in both public and private sectors of the economy that have made greater sacrifices, immense contributions to accelerating the nation’s socio-economic as well as techological development.
Earlier, the nomination letter which was addressed to the Group Managing Director, GMD/CEO of UBA Plc, Mr. Oliver Alawuba and signed by the Group Managing Director/Editor-in-Chief of Champion Newspapers Ltd, Dr. Mrs. Nwadiuto Iheakanwa, noted the bank’s unflinching support for the growth of Small and Medium Enterprises (SMEs) which had resulted in the steady growth of the sector and creation of thousands of jobs thus reducing unemployment in the country.
It read in part: “As one of the leading banks that have a rich history of pioneering innovation in the sector, UBA gave incentives to businesses that registered to attend the 2022 edition of the Lagos International Trade Fair (LITF).
“We vividly recall too, that before then, your bank has been committed to supporting businesses across Africa with the focus of attracting investment in the country.
“Significantly, UBA’s strategic investment decisions over the years have indeed translated to huge returns for its investors despite the challenging business environment witnessed in the last two years.
“UBA is the first Pan-African bank to launch an Al-led Virtual Banking Robot, extending Chat banking service from Facebook Messenger to WhatsApp and Apple Business Chat in multiple with thriving operations in 20 African countries.
“Consequently, as a watchdog of the society and the Fourth Estate of the Realm, it is our statutory responsibility not only to track and document your exceptional performance but also to acknowledge your total commitment to economic growth and capacity building,” the letter added.
Champion Newspapers further noted that it is on record that UBA has proven expertise and capacity in key sectors of economies across Africa, especially in the Oil and Gas, Infrastructure Finance, Agriculture and Commodity/Export, with financial the institution emerging as a preferred partner for structured solutions to key governments and corporates operating in/into Africa.