UBA appoints Loknath Mishra as CEO of UK subsidiary
Loknath Mishra has been appointed as the Chief Executive Officer of UBA United Kingdom by United Bank for Africa, Africa's Global Bank.
The appointment will go into force in February 2026.
This action demonstrates the Group's dedication to expanding its global reach and strengthening its position as a vital financial link between Africa and the rest of the globe.
Mishra will concentrate on establishing the UK subsidiary as a center of excellence for customer service and regulatory compliance in his role as CEO of UBA UK.
Additionally, he will endeavour to enhance financial resilience by diversifying sources of income and liquidity.
The appointment will go into force in February 2026.
This action demonstrates the Group's dedication to expanding its global reach and strengthening its position as a vital financial link between Africa and the rest of the globe.
Mishra will concentrate on establishing the UK subsidiary as a center of excellence for customer service and regulatory compliance in his role as CEO of UBA UK.
Additionally, he will endeavour to enhance financial resilience by diversifying sources of income and liquidity.
In order to facilitate business movements into and out of Africa, he will also strengthen UBA's position as a leader in trade, transaction, and correspondent banking.
Mishra has several decades of worldwide banking expertise in transaction, corporate, retail, and investment banking.
He has a proven track record of creating and managing regulated banking systems in Europe and the UK.
Mishra was the Chief Executive Officer and Managing Director of ICICI Bank UK before to joining UBA UK.
In that role, he played a central part in strengthening the bank’s presence across the UK and European markets.
He greatly improved operational resilience, regulatory engagement, and governance.
Mishra has several decades of worldwide banking expertise in transaction, corporate, retail, and investment banking.
He has a proven track record of creating and managing regulated banking systems in Europe and the UK.
Mishra was the Chief Executive Officer and Managing Director of ICICI Bank UK before to joining UBA UK.
In that role, he played a central part in strengthening the bank’s presence across the UK and European markets.
He greatly improved operational resilience, regulatory engagement, and governance.
In addition, he was ICICI Bank Limited's Group Head of Wholesale Banking and Global Head of Transaction Banking, among other senior executive positions.
These roles led customer-centric transformation efforts across corporate, institutional, and financial institution segments, strengthened risk management frameworks, and helped the bank expand its worldwide wholesale business.
Mishra is well known for spearheading digital innovation in trade finance, cash management, and retail banking, as well as for his leadership in challenging regulatory contexts.
He received the Freedom of the City of London in appreciation of his services to the banking industry.
These roles led customer-centric transformation efforts across corporate, institutional, and financial institution segments, strengthened risk management frameworks, and helped the bank expand its worldwide wholesale business.
Mishra is well known for spearheading digital innovation in trade finance, cash management, and retail banking, as well as for his leadership in challenging regulatory contexts.
He received the Freedom of the City of London in appreciation of his services to the banking industry.
Oliver Alawuba, Group Managing Director/CEO of UBA, commented on the hiring, saying, "Loknath brings an exceptional combination of global banking experience, regulatory credibility, and deep expertise in wholesale and transaction banking." His direction will be crucial to expanding UBA UK's position as the Group's flagship company and enhancing our ability to facilitate investment and trade between African and global markets.
According to Alawuba, the appointment demonstrates UBA's ongoing commitment to creating a top-notch international banking franchise that facilitates Africa's economic integration into the global economy.
According to Alawuba, the appointment demonstrates UBA's ongoing commitment to creating a top-notch international banking franchise that facilitates Africa's economic integration into the global economy.
Mishra, who was thrilled to be appointed, stated, "I am honoured to join UBA at a time of significant opportunity for the Group." The distinctive role that UBA plays in linking Africa to international markets is both strategically significant and attractive. I'm excited to collaborate with colleagues around the Group to enhance UBA UK's platform and assist clients in achieving growth in Africa and beyond.
A vital part of UBA Group's global network is UBA UK.
A vital part of UBA Group's global network is UBA UK.
It supports 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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