The UBA Time Capsule and the Tribe Photo Wall were launched by United Bank for Africa (UBA) Plc, Africa’s worldwide Bank, as part of celebrations honoring its 75 years of providing exceptional services and creating a worldwide impact.
The purpose of the UBA time capsule is to preserve artifacts or information from the past 75 years so that future generations can explore and learn more about the history of this global financial institution. From its humble beginnings as a small office in Lagos, Nigeria, to its expansion into 20 African countries and the world’s four major financial capitals—London, Paris, America, and Dubai—it has grown into a financial behemoth.
UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who spoke during the unveiling and ribbon cutting ceremony at the UBA Head Office on Thursday, explained to staff members and press men present that the Time Capsule as well as the Tribe’s Photo wall were set up to celebrating the dedication, innovations, and partnerships forged by the bank over the past seven decades as it continues to provide solutions to over 45 million customers worldwide.
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He took time to lay the groundwork for the next 25 and 75 years as he reeled off what the bank aims to achieve in its quest to take Africa to the world, adding, “What we are doing here today is part of UBA’s 75th Anniversary celebrations which began early this year. Today, we are unveiling our Time Capsule, which shows the history of what we are and where we have been in the past seven decades. It is a trip down our memory lane, showing all that we achieved and how we got here.
Continuing, he said, “You can also see the UBA tribe wall which we unveiled today, this basically shows how we see all the staff of UBA, both past and present who have in one way or the other contributed to where we are today. As you all know, there is no UBA without staff, so we are today launching the UBA Tribe wall to tell our story on how the bank has grown, by showing our history of how we started and where we are now.”
On what he foresees in the next decades for the bank, Alawuba, said, “We are driven by innovation in UBA, and what we have achieved now is minimal to what we plan to achieve when UBA is 100 or 150 years. As of now, UBA is in 24 countries, and in the next 25 years, we will see UBA in 100 countries. Our current revenue base which stands at $20bn, we hope to increase to over $20tn in the next 25 years, and in that time, we also hope to be one of Top 10 banks in the whole world, because we know that the future of the world is Africa, and the future of Africa is UBA.”
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He said the bank will continue to focus on the people and its customers to ensure that they tailor each of its activities, products and services to meet the growing needs of its rich clientele situated all around the world.
United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally.
Operating in twenty African countries and in the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.
