July - September 2017 •
The Lion King
• 15
Business
ERNEST DIO
Chief Operation Officer
•
Ernest Dio is Chief Operation Officer
(COO) for the New York Branch.
He joined UBA Group as Head of
International Operations in August
2004 and has been head of cor-
respondent banking and offshore
banking.
•
In the past Ernest has worked at
other Nigerian banks and held
several positions including Group
Head, International Operations and
Treasury before joining UBA.
•
He was seconded to UBA New
York in September 2008 where
he enhanced the Regulatory Risk
Management and Compliance
framework of the business by design-
ing and implementing processes,
policies and procedures that ensure
compliance with all applicable US
laws and regulation.
•
Ernest has a strong background
in International banking, Risk
Management and Trade Finance.
He has B.Sc. and M.Sc. degrees in
Economics and is a Certified Anti
Money Laundering Specialist.
GBOYEGA FESTUS
Head, Business Development
•
Gboyega Festus is UBA New York’s
Head of Business Development,
and has worked with UBA New
York since 2007 in various capaci-
ties including, Head of Business
Development & Treasury, Head of
Corporate Banking and Head of
Correspondent Banking.
•
Gboyega has held various execu-
tive level positions at several finan-
cial institutions in New York, includ-
ing the position of Vice President
in one of the institution’s Global
Consumer Bank.
•
Gboyega has a BSc in Human
Nutrition from the University of
Ibadan College of Medicine. He
held various National Association of
Securities Dealers (NASD) securities
licenses including the Series 6, 7, 63,
and 24 between 1999 and 2008.
•
Gboyega has served on the cred-
it committee of the New York
Association of New Americans
(NYANA), and the Board of Directors
of the Corporate Council on Africa
(CCA), a Washington, DC based
organization.
PAUL LOFFREDO
Treasurer
•
Paul Loffredo joined UBA New York
as Treasurer in June of 2017. Paul
has over 30 years experience in
trading, sales, and the manage-
ment of professionals in global finan-
cial markets businesses.
•
Paul built and ran an FX execu-
tion business for Commodities
Corporation in Princeton, N.J; a
pioneer trading company acquired
by Goldman Sachs. As Managing
Director of Security Pacific National
Bank, he was head of North
American FX trading. Paul was also
a SVP and Treasurer for Dresdner
Bank, NY where he chaired their
Asset and Liability Management
committee.
•
He was a partner in a money man-
agement firm for institutional inves-
tors. He was also a partner in a
financial advisory and consulting
firm.
•
Paul has been a registered
Commodity Trading Advisor andwas
the Treasurer and board member of
the Foreign Exchange Association of
the U.S. for several years.
•
He has a BA in Economics from
CCNY and an MBA in Managerial
Finance from Pace University.
