UBA Celebrates Chief Jamodu As He Steps Down from Board After 12 Years 

By Gift Olivia Samuel, The Sight News

The United Bank for Africa, UBA, on Thursday, gathered at the Transcorp Hilton Abuja, to celebrate Chief Kola Jamodu, who is stepping down from the UBA Board of Directors after 12 years of meritorious service.

Chief Jamodu, who joined UBA in 2007, had served on the board of the bank for 12 years, and also served as the Chairman of the Board Risk Committee, successfully completing his three terms, amongst other roles.

The UBA Chairman, Tony Elumelu who presented a plaque to him, which he said symbolized Chief Jamodu’s service to the Bank, noted that UBA will miss him, but also, they will continue to come to him for knowledge and advise. 

Earlier in his welcome Address, the UBA  Group Managing Director, Mr. Kennedy Uzoka, said the bank had to take time out to celebrate one of the best in the continent, describing him as ‘a man that knows it all’. 

According to Uzoka, Chief Kola Jamodu served the group, helped in different directions. “He helped the bank to become a full fledged bank in the Americas. He also was part of the process that changed what we had in UBA as a finance company, to today, a full fledged commercial Bank in wholesale business in the whole of the United Kingdom,” he remarked.

He stated also that Chief Jamodu is one of the most experienced finance experts in the continent and laced with a lot of experience from diverse industries.

“He made us better people and as we got nervous when Board meetings were approaching, we continued to raise our bar and today we are better people and can challenge any body from anywhere in the world,” Uzoka said.

He noted that they are losing a big piece with his departure, and urged him to accept them when they come back to him, adding that they want to be part of the things he would want to do for the continent.

“We will never stop learning from you. You are an encyclopedia of knowledge, thank you very much for all you have done for UBA. 

“When Jamodu took over this responsibility, we were in very few countries, but today, UBA operates in 23 African Countries. Thank you so much for all the advise and all you did for us and we will come back to you, don’t turn your back on us,”he ended.

In his remarks, Chief Jamodu expressed excitement by the special honour accorded him, and thanked the entire Board of Directors for the kind gesture.

In his words, “I being on the Board of the UBA was a privilege I cherish. It’s not every day that you find a company that is so forward-looking and forward-thinking, with a drive to succeed despite the numerous challenges in this country.

“As you are all aware, the banking sector is highly competitive, strictly competitive segment in national economy, fighting to stay among the top players in the industry, which UBA has always been, is very challenging, we want to remain there and there is no doubt that it is extremely demanding,” he noted. 

Chief Jamodu, pointed out that the key factor that has saved the bank over the years, is its ability to groom successive management teams for generations to generations, adding that the spirit of creating succession is very key and has helped the bank. 

He charged the top management to continue with the winning culture of grooming the right calibre of successors, stating that UBA needs people that will continue to sustain the winning spirit.

He further noted that his doors are permanently open, any day and at any time, adding that he is extremely proud of what they have achieved together, but a lot still lies ahead. 

“We must therefore continue to pull the lever of innovation which we have done to get here until now. We must embrace diversity and inclusiveness, as the operating environment becomes more challenging,” he said.

In attendance were; State Governors, Senators, Members of the House of Representatives, the First Lady of Kwara State, all members of the UBA Board Of Directors, UBA GMD Kennedy Uzoka and Chairman, Tony Elumelu amongst others.

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