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United Bank for Africa, Uganda (UBA), is pleased to announce the appointment of Chioma Mang as the incoming Managing Director/ Chief Executive Officer (MD/CEO) of UBA Uganda. Chioma Mang has over 30 years’ experience in banking. Prior to this role, she was the CEO of UBA Gabon and UBA Liberia.
The new MD/CEO takes over from Johnson Agoreyo, who has been at the helm of the bank for the last 4 years.
Below are his key achievements as the Managing Director of UBA Uganda.
• Successful turnaround of UBA Uganda’s operation after 8 years of loss making to profitability. As at December 31st, 2019, UBA ranked 12th/ 25 in PBT and 15th /25 in liabilities in the banking industry.
• Strong Risk management and corporate governance.
• Improved Brand visibility and market perception of UBA in Uganda.
• Improved BOU rating to satisfactory.
• Obtained Bancassurance and agent banking licenses in Uganda.
• Growth of the Branch network from 9 to 16.
• Relocation of the Head Office to a more strategic befitting Corporate office.
• Won Various mandates including Fuel cards management and E-Voucher system for the government of Uganda.
• Increased Digital Banking play in Uganda with introduction of key products e.g. LEO Chat banking – a first in the market.
The new appointment represents further strategic recognition of the growth of UBA’s business in Uganda and its critical importance to the UBA Group.
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