UBA Kenya Bank has appointed George O. Otieno as the board chairman following regulatory approvals. The bank made the announcement on May 28.
Otieno, a seasoned leader in financial services with both global and local experience, has served as a non-executive director on the UBA Kenya board since September 2021. He takes over the mantle at a time when UBA Kenya is going ham on building and empowering SMEs within the country.
“Mr. Otieno’s leadership will be instrumental in enhancing UBA Kenya’s presence as a bank of choice for SMEs, Corporates, Government infrastructure development & and individuals. His appointment brings a wealth of expertise in shaping policies as well as local and regional partnerships that will contribute to the growth of the bank and Kenya’s economy,” said the bank while making the announcement.
As UBA Kenya marks 15 year milestone of banking operations in Kenya, the bank continues to prioritize its strategic focus areas, which are key to its vision of being a leader in banking innovation and regional economic development.
Otieno holds a Master of Business Administration from the University of Lagos and is a Fellow of the Chartered Insurance Institute in London.
He currently chairs several boards including Capex Life Assurance Kenya and The Nairobi Club and serves as a non-executive director at WAICA Re.
He has also held senior executive roles at Africa Re and served as CEO of the African Trade Insurance Agency (now ATIDI).
“UBA Kenya remains committed to empowering Small and Medium Enterprises (SMEs), offering USD 282 million in working capital and asset financing to fuel business growth through the AFCFTA SME lending partnership. Through its partnership with the Africa Guarantee Fund (AGF), UBA Kenya provides financing guarantees to support SMEs in accessing the funds they need for operations and expansion,” added the bank.
On his part, Mr. Otieno thanked the Board for the trust and the appointment and vowed to spearhead the bank’s agenda to drive sustainable growth.
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