UBA Bank Kenya has announced the appointment of Chiki Isiuwe as its new Managing Director and Chief Executive Officer (CEO).
Kehinde Omirinde had been serving as Acting CEO of the bank which began operations in Kenya in 2009. It is a subsidiary of UBA Plc.
Isiuwe joins UBA Kenya from UBA Group in Nigeria where he was the Deputy General Manager – Corporate Banking Directorate. The career banker brings a wealth of experience, having risen fom a teller to a top executive over the course of a career spanning over two decades.
Before joining UBA (United Bank for Africa) Plc in 2013, Isiuwe worked at Zenith Bank Plc for 17 years serving in various roles in corporate and commercial banking and branch operations and eventually becoming the Regional Head and Assistant General Manager.
He is the holder of a Bachelor of Science (BSc.) in Economics from the University of Nigeria and a Diploma in Computer Science. He also holds several other professional certifications in facets of Leadership, Marketing, Credit Evaluation and Underwriting Risk.
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At Zenith, he was credited with working with the team to achieve “notable growth in the branch network, balance sheet and the bank’s overall performance.”
Isiuwe also represents UBA Group as an Executive Committee Member of the Financial Services Group of the Lagos Chamber of Commerce and Industry and also as an active committee member in the Manufacturers Association of Nigeria. He is an honorary member of the Chartered Institute of Bankers in Nigeria.
He comes in to steer the tier 3 bank at a time when financial institutions in Kenya are banking on sustained economic recovery after the shocks of the Covid-19 pandemic to strengthen their positions and step up lending.
UBA Kenya has in the past felt the impact of bad loans as was highlighted in the collapse of supermarket giant Nakumatt.
Innovation and investment in a range of digital banking and consumer lending products has also become central to the operations of financial services firms, with uptake of the products accelerated by the pandemic.
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