United Bank for Africa Appoints New Independent Non-Executive Director

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…Mrs. Owanari Duke retires from UBA’s Group Board

United Bank for Africa Plc (UBA), Africa’s Global Bank, is pleased to announce the appointment of Mrs. Henrietta Ngozi Ugboh as an Independent Non-Executive Director, effective October 31, 2024, following approval from the Central Bank of Nigeria (CBN) on November 8, 2024.

Mrs. Ugboh brings a wealth of experience to the role, with over 30 years in the banking sector. She holds a degree in Economics and Statistics from the University of Benin and an MBA from ESUT Business School. An alumnus of Harvard Business School, she is also an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration (FICA). Her expertise spans Commercial Banking, Credit, and Risk Management.

UBA Group Chairman, Mr. Tony Elumelu, commented, “Henrietta Ugboh’s extensive experience and strategic insight will be invaluable to UBA. Her proven leadership and commitment to excellence align with our vision for the Group, and we are excited to welcome her on board.”

Additionally, UBA announces the retirement of Mrs. Owanari Duke, who has served as an Independent Non-Executive Director since October 2012. Mrs. Duke has played a pivotal role during her tenure, contributing to various committees, including the Board Governance, Audit, Nomination & Remuneration, Credit, Finance & General Purpose, and Statutory Audit Committees. The UBA Group Board expresses its heartfelt appreciation to Mrs. Duke for her dedicated service and exceptional contributions to UBA’s growth and governance.

The Board wishes Mrs. Duke success in her future endeavors and welcomes Mrs. Ugboh as UBA continues to drive impactful growth across Africa’s financial landscape.

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