UBA bank boss departs under cloud of bad loans

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UBA bank boss departs under cloud of bad loans



UBA Kenya managing director Isaac Mwige (left, standing) with Regional CEO, East and Southern Africa Iweriebor Emeke during a media briefing on May 17, 2018.

Isaac Mwige, the chief executive of UBA Kenya, has left the bank after four years on the job, the local subsidiary of Lagos-based lender UBA Plc said Wednesday.

It was not immediately clear what led to his sudden departure but the bank said Emeke Iweriebor, a regional UBA executive, had replaced him in an acting capacity.

“UBA wishes to announce the resignation of its chief executive officer, Mr Isaac Mwige, who has stepped down from his position to pursue other career interests,” the bank said in a statement.

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