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December 22, 2024

UBA Appoints Henrietta Ugboh as Independent Director

United Bank for Africa (UBA) Plc has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director, following approval from relevant regulatory bodies, including the Central Bank of Nigeria.

UBA Group Chairman, Tony Elumelu, CFR, expressed his confidence in Ugboh’s appointment, saying, “Henrietta Ugboh brings a track record of professional success, integrity, and leadership, which will further strengthen the UBA Group Board, underlining once again the Group’s commitment to robust corporate governance.”

Ugboh, with over 30 years of banking experience, holds a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School, and completed the Executive Management Program at Harvard Business School. She has worked with Citibank and is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration. Her areas of expertise include commercial banking, credit, and risk management, making her a valuable addition to the UBA Board.

“We look forward to her invaluable contribution to the Group, as we continue to execute our unique growth strategy across Africa and globally,” said Elumelu.

In addition to Ugboh’s appointment, the bank announced the retirement of Mrs. Owanari Duke, an Independent Non-Executive Director, who has served on UBA’s Board since October 2012. During her tenure, Mrs. Duke provided distinguished leadership on several Board committees. Elumelu expressed deep appreciation for Mrs. Duke’s dedication and significant contributions to the bank, wishing her the best in her future endeavours.

UBA, one of Africa’s leading financial institutions, serves over 45 million customers across 1,000 business offices in 20 African countries, with additional presence in New York, London, Paris, and Dubai.

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