Skip to main content

UBA Group celebrates 10 years of operation in Ghana

(R-L) Chairman, United Bank for Africa (UBA) Plc, Mr. Tony O. Elumelu; Managing Director, UBA Ghana, Mrs. Abiola Bawuah; Governor of Central Bank of Ghana, Dr. Henry Wampah; GMDCEO, UBA Plc, Mr. Phillips Oduoza

By: Fred Yaw Sarpong- Daily Express

United Bank for Africa (UBA) Ghana has celebrated the 10th anniversary of its operations in the country.

The UBA Ghana started operating in the country in January 2005, becoming the bank’s ambition of being for Africa and Africans.

According to the UBA Group, the Ghana branch was the first step in UBA’s pan-African strategy, with additional 18 more branches across Africa, New York, Paris and London.

This significant anniversary was marked with a series of events in Accra, focusing on how UBA has committed in providing financial solutions to its customers, equipping small and medium companies and giving back to the wider community.

As apart of the anniversary, the Board of Directors of UBA Group for the first time in the Bank’s history chose Accra as the location for the bank’s 2015 board meeting.

Daily Express gathered that at the bank’s board meeting discussions centered on how the board will continue the development and expansion of the Group’s activities both in Africa and globally.

Addressing high level of dignitaries from Ghana, New York, Paris, London and other African countries in Accra, the Chairman of UBA plc, Mr. Tony Elumelu CON said “we do banking the way we do, because we want to unite Africa to the world.”

Mr. Elumelu together with a delegation from UBA Ghana and UBA Group also had the privilege to have discussions with President John Dramani Mahama.

The discussions, Daily Express learnt focused on exploring ways in which UBA could effectively partner with Ghanaian government, in its aims to create a dynamic nation, which cements its position as an economic power house in Africa.

The Board also visited the Accra Academy for the ‘Read Africa Event’ where the UBA Foundation presented ‘The Girl Who Can’ book to the school and Accra Wesley Girls. The Foundation team was led by Obi Ibekwe, UBA’s Executive Director of Resources.

The initiative seeks to encourage young people to read widely from authors on the African continent. The book authored by Professor Ama Ata Aidoo, a Ghanaian writer.

The bank climaxes the celebrations by organizing ‘Black Tie Gala’ at the newly opened Kempinski Hotel in Accra.

The ‘Black Tie Gala’ brought together Ghana’s financial and business elites, including the Governor of the Central Bank of Ghana, as well as the Board of Directors of both UBA Group and UBA Ghana. Also were the bank’s most loyal customers and longstanding staff members.

At the ‘Black Tie Gala’, Mr. Elumelu said “thank you for a job well done’. “It has been a privilege to serve you for the last 10 years and all of us at UBA look forward to serving you for many years to come”. He told the audience particularly the customers.

A special Citation was presented to Dr. Awele Elumelu, a pioneer board member of UBA Ghana. Other pioneer staffs were also acknowledged for their long term of service to UBA customers.

Looking ahead for the future, UBA Ghana promised to continue in its mission of democratizing banking in Ghana, supporting Ghanaian entrepreneurs, the women and men who are creating a new Africa, in growing their businesses in the country and beyond.

UBA Ghana has 25 branches across the country with over 17,000 customers. The bank is using technology to improve banking standard in the country by offering customers cashless services and other interesting products.


Popular posts from this blog

PFM Act to guide local government authority borrowing

By: Fred Yaw Sarpong
The bill, Public Financial Management (PFM) Act 921 which has been passed into law by Parliament is to guide public institutions especially the local government authority borrowing. The law was pass on 3rdAugust, 2016
According to the law, local government authority, a public corporation or state-owned enterprise is liable for the debt and other obligations without recourse to Government, unless otherwise explicitly guaranteed by Government in accordance with this Act.
Madam Eva Esselba Mends, the Chief Economic Officer and Group Head of PFM at the Ministry of Finance told the Daily Express that the law involves a lot but it also give instruction to how state institutions can borrow especially with the  local government authority.
She mentioned that there is no specific law in place that gives direction as to what local authority can do when it comes to borrowing by the authority. Other public corporations sometimes borrow with huge amount for their operation but loca…

Vodafone fined a record £4.6 million for IT blunder

A top-up error left pay-as-you-go customers out of pocket and complaints were mishandled
Vodafone has been fined a record £4.6 million by the telecoms watchdog forleaving thousands of customers out of pocket in a disastrous IT blunder.
Ofcom found that the operator mishandled complaints and failed to pay into the accounts of more than 10,000 pay-as-you-go customers when they topped up their credit.
The top-up error, which cost customers £150,000 over 17 months in 2014 and 2015, stemmed from the moving of 28.5 million accounts to a new billing system.Errors in billing data and price plans caused so much protest that it made Vodafone the most complained-about mobile network in Britain.The technical issues were resolved by April 2015 and all accounts are now on the new system, Vodafone said.
Lindsey Fussell, Ofcom’s consumer group director, said:“Vodafone’s failings were serious and unacceptable, and these fines send a clear warning to all telecoms companies.”
The company says that it has ref…

Enterprise Life inaugurates social centre for Kumasi SOS village

By: Fred Yaw Sarpong
Enterprise Life and Sanlam South Africa together with SOS Children’s Villages Ghana have jointly inaugurated a newly constructed social centre at the SOS Children’s Village, Kumasi in the Ashanti region.
The project, valued at GHc485,000.00 forms part of Enterprise Life and Sanlam-South Africa’s corporate social responsibility (CSR) to promote quality education and health for vulnerable children in Ghana.
The newly established social centre provides a suitable multi-purpose facility with a spacious auditorium among others to host different social activities related to child growth and development and will cater for both SOS children and students of the Hermann Gmeiner School.
The centre also offers the beneficiaries the opportunity to freely socialize and participate actively in educational oriented activities such as school concerts, art exhibitions and workshops.
The Executive Director of Enterprise Life, Mrs. Jacqueline Benyi expressed satisfaction that her outf…