Chief Executive Officer, UBA America, Ms. Sola Yomi-Ajayi |
UBA America is the only sub-Saharan African bank licensed to
operate a bank in the United States of America (USA) and armed with the fact
that its parent company, UBA Group has operations in over 19 African countries
and major financial capitals, continuously hinging on its pan-African strength
and global connectivity to support African and international businesses.
Speaking specifically on the subsidiaries’ activities and
how UBA America has worked to solidify ease of operations of businesses,
multinationals and parastatals in diaspora, Yomi-Ajayi explained that the bank
ramped up its services and invested in necessary technology needed to propel
business growth of these organisations.
She said, “At UBA America, we deliver treasury, trade
finance, and correspondent banking solutions to a broad range of customers,
including Sovereign and central banks; Corporates, Financial institutions,
Foundations and Multilateral and development organisations.
“Overtime, we have leveraged our knowledge, capacity, and
unique position as part of the international banking group – UBA Plc – as we
seek to provide exceptional value to our customers around the world,”
Yomi-Ajayi said.
With its specific focus on being an enabler of international
development organisations, she noted that UBA and indeed UBA America has been
working with Corporate entities, financial institutions and development
organisations on the continent, across the bank’s footprints, leveraging
digital banking solutions to meet their needs.
Continuing, she said, “Our focus viz-a-viz our presence in
the US is to support American institutions that are operating in Africa. We
work with these institutions to achieve their Corporate Goals on the continent,
through the provision of innovative Trade, payments, correspondent banking and
treasury solutions.
It is no wonder therefore that UBA America’s CEO, Yomi-Ajayi
who has headed the bank’s United States operations for several years, was
appointed alongside 10 other members into the of United States Export-Import
Bank (US EXIM) Sub-Saharan Africa Advisory Committee. Among other activities,
the committee is expected to advise the EXIM Board on the development and
implementation of policies and programmes designed to promote its’s activities
in sub-Saharan Africa.
United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than twenty-one million customers, across over 1,000 business offices and customer touch points, in 20 African countries. With presence in the United States of America, the United Kingdom and France, UBA is connecting people and businesses across Africa through retail; commercial and corporate banking; innovative cross-border payments and remittances; trade finance and ancillary banking services”
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