Chukwuma Nweke Name Deputy Managing Director – UBA
United Bank for Africa Plc (UBA), the pan-African financial services group, has announced the appointment of Mr. Chukwuma Nweke as its new Deputy Managing Director, effective October 1, 2024. The announcement, which is pending regulatory approval by the Central Bank of Nigeria (CBN), reflects UBA’s ongoing commitment to strengthening its leadership team.
Mr. Nweke, an experienced professional with over 30 years in banking, holds a bachelor’s degree in Accountancy and an MBA from the University of Nigeria, Nsukka. He is also a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and an honorary member of the Chartered Institute of Bankers of Nigeria. Over the course of his career, Nweke has served in various leadership capacities, most recently as the Executive Director and Group Chief Operating Officer of UBA.
In a statement regarding the appointment, UBA Group Chairman, Mr. Tony Elumelu, praised Nweke’s extensive expertise and leadership skills, saying, “The appointment of Chukwuma Nweke underlines once again, UBA’s commitment to upholding the highest governance and operational leadership. His deep industry expertise and proven track record make him an invaluable asset to our Board, and we are confident that his contributions will further strengthen the Group’s growth and success.”
The leadership reshuffle also includes the retirement of Dr. Kayode Fasola, a Non-Executive Director who joined the UBA Board in August 2018. Dr. Fasola’s tenure was marked by his distinguished service, particularly as Chairman of the Finance & General Purpose Committee and as a member of key committees such as the Board Audit & Governance, Credit, and Statutory Audit Committees.
In expressing its gratitude, UBA’s Board recognized Dr. Fasola’s pivotal role in the Group’s operations. “The Board of UBA expresses its deep appreciation to Dr. Fasola for his dedication and significant contributions to the Group. The Board wishes Dr. Fasola the best in his future endeavors.”
UBA’s latest appointments and changes reflect its dedication to maintaining strong governance and leadership, with Nweke set to continue driving growth for the pan-African financial giant.
