UBA group sends off Group MD

The UBA group has organised a befitting send-off party to honour its outgoing Group Managing Director, Phillips Oduoza.

The event was attended by the Group’s stakeholders including customers, shareholders, board of directors, staff and associates.

Tony Elumelu, Chairman UBA Plc in his address paid glowing tributes to Oduoza, who he had recruited into the then legacy Standard Trust Bank (STB) Plc as an Executive Director to help drive the eventual merger of STB and UBA Plc in 2005.

“Phillips never applied to Standard Trust Bank. I called him myself and encouraged him to join us at STB after he attended the Advanced Management Program at Harvard Business School,” Elumelu said.

He described Phillips as “a very cerebral mind, very diligent, loyal and astute”.

“During the period we worked together at UBA, he was a wonderful colleague and supporter, a man who loves and encourages progress and a man who always works for the best of the corporate.  The performance of UBA today both financial and brand equity are attributable to Phillips and all the professional teams at UBA,” he said.

The Emir of Kano, SLS, former Central Bank governor  and  also a former staff of UBA Muhammadu Sanusi Lamido II gave a tribute to Oduoza saying: “Oduoza is largely responsible for the reforms of the Nigerian payment systems which the banks and many Nigerians are benefiting from today”.

Mr. Oduoza he said drove the reforms in the sector that has now made it easier for many Nigerians to use their cards locally and internationally and also witness the growth of various e-channels in the country.

He commended him for his contributions to the Nigerian banking system describing him as a man of integrity who deserves all the accolades he got.

Oduoza, in his response, thanked the UBA Chairman for his kind words and for taking a bet on him.

He also thanked the banking regulators for providing the enabling environment that made the bank thrive during his tenure as well as staff and executive management of the bank, who he said were largely responsible for all the bank’s achievement during his tenure as  GMD.

He stated that he would continue to contribute his quota to the development of the Nigerian banking system.

By Times Reporter


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