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UBA UK CEO Loknath Mishra Drives Growth in Assets

Business
UBA UK CEO Loknath Mishra Drives Growth in Assets

Nigerian banks are increasingly establishing a global presence, with their overseas subsidiaries amassing about N40.66 trillion in assets by the end of FY2025. Access Bank's UK operation leads with N16.69 trillion, followed by First HoldCo's UK subsidiary at N4.41 trillion and Zenith Bank UK at N4.31 trillion.

UBA UK, under the leadership of Loknath Mishra since February 2, 2026, reported N880 billion in assets for FY2025, a 21.25% increase from N730 billion in FY2024. Mishra, previously the Managing Director and CEO of ICICI Bank UK, aims to enhance UBA UK's regulatory and financial resilience.

Paul Croucher, Managing Director of GTCO’s UK operations, brings nearly four decades of experience in banking and finance, having joined GTCO in 2024 after roles at Lloyds Banking Group and NatWest Group. His expertise includes corporate restructuring and commercial banking.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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