News and Current Affairs

UBA Appoints Loknath Mishra as CEO of UBA UK

The appointment underscores UBA Group’s commitment to strengthening its international footprint and reinforcing its strategic role as a key financial bridge between Africa and global markets.

As CEO of UBA UK, Mishra will focus on positioning the UK subsidiary as a centre of excellence for regulatory compliance and customer service, enhancing financial resilience through diversified liquidity and income sources, and deepening UBA’s leadership in trade, transaction, and correspondent banking to support business flows into and out of Africa.

Mishra brings with him several decades of international banking experience spanning retail, corporate, investment, and transaction banking. He has a distinguished track record of building and leading regulated banking platforms across the United Kingdom and Europe.

Prior to joining UBA UK, Mishra served as Managing Director and Chief Executive Officer of ICICI Bank UK, where he played a pivotal role in expanding the bank’s footprint across the UK and European markets, while significantly strengthening governance structures, regulatory engagement, and operational resilience.

He also held several senior leadership positions at ICICI Bank Limited, including Group Head of Wholesale Banking and Global Head of Transaction Banking. In these roles, he contributed to the expansion of the bank’s global wholesale franchise, enhanced risk management frameworks, and led customer-focused transformation initiatives across corporate, institutional, and financial institution segments.

Mishra is widely recognised for his leadership in navigating complex regulatory environments and for driving digital innovation in trade finance, cash management, and retail banking. In recognition of his contributions to the financial services sector, he was conferred with the Freedom of the City of London.

Commenting on the appointment, UBA Group Managing Director/Chief Executive Officer, Oliver Alawuba, said:

“Loknath brings an exceptional combination of global banking experience, regulatory credibility, and deep expertise in wholesale and transaction banking. His leadership will be instrumental in advancing UBA UK’s role as a flagship subsidiary for the Group and in strengthening our capacity to support trade and investment flows between Africa and international markets.”

Alawuba added that the appointment reflects UBA’s continued investment in building a world-class international banking franchise that supports Africa’s deeper integration into the global economy.

Expressing his delight over the appointment, Mishra said:

“I am honoured to join UBA at a time of significant opportunity for the Group. UBA’s unique role in connecting Africa to global markets is both compelling and strategically important. I look forward to working with colleagues across the Group to strengthen UBA UK’s platform and to support clients in unlocking growth across Africa and beyond.”

UBA UK plays a critical role within the Group’s international network, providing support to African corporates, financial institutions, sovereigns, and global partners through its strong capabilities in correspondent banking, trade finance, transaction banking, and treasury services.

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