UBA MD WINS CEO OF THE YEAR AWARD

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" byAfrican Investor; one of the leading
investment and specialist communications firm advising governments and
businesses on investments in Africa.
Mr. Oduoza received the award atthe Africa investor (Ai) CEO
Institutional Investment Summit,held at the NewYork 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 chosenin recognition ofhisexceptional 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
SociallyResponsible 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 developmenton 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.