In a strategic move to bolster its senior leadership, United Bank for Africa Plc (UBA) has announced the appointment of two key executives to its group management team. The pan-African financial institution named Mr. Joel Owoade as its new Group Chief Risk Officer and Mr. Samuel Ocheho as Group Executive, Treasury and Financial Institutions.
The appointments underscore UBA’s focus on strengthening governance and driving financial market excellence as it continues its continental and global expansion.
Joel Owoade: A Veteran Risk Manager Takes the Helm
Mr. Owoade assumes the critical role of Group Chief Risk Officer, bringing over twenty years of extensive experience in the financial services sector. His expertise is anchored in credit risk management, strategic planning, and regulatory compliance—areas vital to the bank’s stability and growth.
An alumnus of the University of Ibadan, where he obtained an M.Sc. in Banking and Finance, Owoade is also a distinguished member of the Institute of Chartered Accountants of Nigeria (ICAN), qualifying in 1991. His professional standing is further cemented by his role as Vice President of the Chartered Risk Management Institute of Nigeria.
The bank stated that Owoade’s profound academic background and professional credentials have furnished him with a deep understanding of the financial landscape, preparing him to safeguard the group’s assets and oversee its risk framework.
Samuel Ocheho: A Financial Markets Expert to Lead Treasury
Simultaneously, UBA has appointed Mr. Samuel Ocheho as Group Executive for Treasury and Financial Institutions. Ocheho is a seasoned financial markets executive with an impressive 27-year career spanning banking, trading, and investment management.
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Throughout his distinguished career, he has successfully led large, diverse teams and managed substantial financial portfolios across Nigeria and West Africa. His core competencies include liquidity management, fixed income, derivatives, and foreign exchange markets.
UBA highlighted Ocheho’s reputation for results-driven leadership, noting his consistent record of delivering exceptional performance, driving revenue growth, influencing market behaviours, and sustaining operational excellence.