Home / Captain of Industry Interview / SMALL BUSINESSES HOLD THE ACE IN GROWING NIGERIA’S GDP By Uzoma Dozie

SMALL BUSINESSES HOLD THE ACE IN GROWING NIGERIA’S GDP By Uzoma Dozie

Uzoma Dozie took over as the Group Managing Director and Chief Executive Officer of Diamond Bank on November 1, last year, after Dr. Alex Otti resigned from the post to pursue his political ambition.

46-year old Dozie began his banking career 21 years ago, spanning various roles and functions related to credit and marketing; planning and financial control; and business process re-engineering. He graduated in 1991 with a Bachelor of Science degree in Chemistry from the University of Reading, Berkshire England and later obtained a Master of Science degree in Chemical Research from University College, London in 1992.
As he progressed in his professional career, he enrolled at the Imperial College Management School, London, where he obtained an MBA with specialization in Finance (MBA finance) in 1998.

He started his banking career from Guaranty Trust Bank Plc in 1993 where he worked in the Commercial Banking Unit and later moved to Citizens International Bank Limited, working in the Oil and Gas Division.
In 1998, he joined Diamond Bank Plc as an Assistant Manager and Head of the bank’s oil and gas group, where he expanded the financial institution’s hydrocarbon business portfolio. Having acquired years of experience in business development, Dozie moved to the Financial Control Group of the Bank in 2000 and rose through the ranks to become the bank’s Financial Controller. As the Financial Controller, he was charged with the responsibility of managing the bank’s balance sheet, developing various MIS reports and reporting the Bank’s financial records to regulatory authorities.

In 2010, his responsibilities were expanded to include acting as the bank’s Chief Financial Officer (CFO). In February 2011, following the appointment of a new CFO, his responsibility was modified to cover Corporate Banking and all Businesses in Lagos and West regions.

In January 2014, he was re-assigned to the Retail Banking Directorate and appointed Deputy Managing Director in April 2014, until his appointment to the present position.  He explains strategies employed to steer the ship of the company through the difficult era of elections and plummeting oil prices. Essentially, he discusses the strategic option for the country to diversify the economic base, currently dominated by crude oil.

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