Nigerian bank persues growth
United Bank Africa (UBA) Plc, the third largest bank in Nigeria - with 208 branches nationally - aims to use SAP to reposition itself as the country`s most dominant, full service bank.
Folabi Esan, Sales Manager: Nigeria, says: "UBA will be using SAP as a catalyst for organisational change; streamlining the bank as well as increasing efficiency, with the aim of positioning UBA as the foremost bank in Nigeria".
UBA realises it needs to strengthen internal controls and become more customer-centric and believes SAP will improve the work methodology. SAP will enable UBA to respond nimbly to new customer needs and seize market opportunities as they arise by making the bank more flexible. UBA employs 5 000 people and has a turnover of 10 billion Niara.
Ahmed Jelani, UBA`s new Operations Director - hired to implement the re-engineering of the bank, - as well as the CEO, went to SAP`s annual global conference, Sapphire, in Los Angeles to evaluate the SAP Banking solution.
Ahmed Jelani says: "Not only is SAP the right solution for UBA but we believe SAP Southern Africa is the right partner, due to its excellent track record in both the implementation and support phases, which are critical in Africa".
UBA plans to implement the Financial, Controlling, Materials Management and Human Resources modules over a nine-month period, commencing in mid March.
The SAP implementation will be done by SAP partners AW Consultants, a Deloitte & Touche representative in Nigeria, and resource partner Lykos AG at the South African branch.