UBA Taps ICICI Veteran Mishra to Head UK Operations

By Love Oyedokun

Lagos, Nigeria – February 6, 2026 – United Bank for Africa (UBA) Plc, a leading pan-African financial institution, has announced the appointment of Loknath Mishra as the new Chief Executive Officer of its UK subsidiary, UBA UK. The appointment, effective February 2nd, 2026, signals UBA’s continued commitment to strengthening its international presence and solidifying its role as a vital financial bridge connecting Africa with the global economy.

Cablenews24 reports that as CEO of UBA UK, Mishra will be responsible for strategically positioning the UK subsidiary as a center of excellence for regulatory compliance and exceptional customer service. He will also focus on enhancing the bank’s financial resilience through diversified liquidity and income streams, and deepening UBA’s leadership in trade, transaction, and correspondent banking to facilitate seamless business flows both into and out of Africa.

Loknath Mishra brings to UBA UK a wealth of international banking experience spanning retail, corporate, investment, and transaction banking. He possesses a proven track record of successfully building and leading regulated banking platforms in both 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 strengthening the bank’s presence across the UK and European markets. He also significantly enhanced governance, regulatory engagement, and operational resilience during his tenure.

Mishra’s career also includes senior leadership roles 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, strengthened risk management frameworks, and spearheaded customer-centric transformation initiatives across corporate, institutional, and financial institution segments.

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

Oliver Alawuba, UBA’s Group Managing Director/Chief Executive Officer, commented on the appointment, stating, “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 emphasized that the appointment underscores UBA’s ongoing investment in building a world-class international banking franchise that effectively supports Africa’s economic integration into the global economy.

Expressing his enthusiasm for his new role, Mishra stated, “I am honored 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 crucial role within UBA Group’s international network, providing essential support to African corporates, financial institutions, sovereigns, and global partners through its robust capabilities in correspondent banking, trade finance, and other financial services. The appointment of Loknath Mishra as CEO is expected to further enhance UBA UK’s capabilities and contribute to the Group’s overall strategic objectives.

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