Nigeria, July 7 -- The management of United Bank for Africa Plc (UBA) on Tuesday announced the appointments of two new deputy managing directors for the bank.

Ayoku Liadi and Oliver Alawuba were announced as Deputy Managing Directors in charge of UBA's Nigeria and Africa businesses, respectively.

A statement by the bank said the "creation of the new positions, reporting to Group CEO, Kennedy Uzoka, represents further strategic recognition of the growth of UBA's pan-African business, now representing in excess of 40% of Group revenue, and the critical importance of Nigeria, the Group's largest market."

The statement, signed by Bili Odum, the Company Secretary, said UBA Africa and Nigeria offer an unparalleled service offering to clients...