Ms. Sola Yomi-Ajayi, Chief Executive of the United States subsidiary of the United Bank for Africa Plc, on Thursday pledged continuous commitment to facilitate trade and investment between North America and the African continent.
Speaking from the bank’s office in New York, she said the bank’s major focus and strategy is to enable the flow of development capital, in line with its commitment to supporting companies achieve their aims of international trade between both continents.
The UBA Group operates in over 19 African countries and major financial capitals, from where it derived its pan-African strength and global connectivity to support African and international businesses.
Speaking specifically on 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.
According to her, “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 added.
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.
Recall that Yomi-Ajayi who has headed the bank’s US operations for several years, was recently appointed alongside 10 other members into the of US 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.
