Monday , 27 March 2023

UBA​ Appoints​ Abiola​ Bawuah​ As​ First​ Female​ CEO​ For​ Africa​ Operations​

…Announces​ Six​ other​ Executive​ Appointments​ ​
Samuel Oni Retires from the Group Board​

The​ Board​ of​ Directors​ of​ the​ United​ Bank for Africa Plc, Africa’s Global Bank, today announces the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO)​ of UBA Africa.​ Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent, outside Nigeria.​ UBA operates in 19 African countries beyond Nigeria, in addition to global operations in New York, London, Paris and the UAE.​

Bawuah,​ a Ghanaian​ national,​ is​ the​ first​ female​ CEO of UBA Africa.​ ​ Her appointment further demonstrates UBA’s commitment to diversity.​ ​ The UBA Group Board now includes eight female Directors.​

Prior to her appointment, Bawuah was Regional CEO, West Africa, supervising the Group’s operations in nine subsidiaries, including Benin, Burkina Faso, Cote d’Ivoire, Ghana, Guinea, Liberia,​ Mali,​ Senegal,​ and​ Sierra​ Leone.​ She​ previously​ held​ the​ role of CEO, UBA Ghana.​

Speaking​ on​ the​ new​ appointment,​ the​ Group​ Board​ Chairman​ Mr Tony O. Elumelu said, “Abiola has contributed significantly to the growth​ of​ UBA​ Africa​ for​ close​ to​ a​ decade.​ ​ She brings a wealth of experience​ in​ commercial​ banking,​ and​ stakeholder​ engagement.​ ​ It also gives me great pleasure​ that​ with​ her​ appointment,​ the​ UBA Group Board has now become a majority female board.”​

​The​ UBA​ Group​ also​ announced​ the​ following​ executive​ roles:​

​Chris Ofikulu becomes the Regional CEO, UBA West Africa.​ ​ Ofikulu, who has over two decades​ of​ banking​ experience​ spanning​ corporate,​ commercial, and retail banking.​

​Uzoechina Molokwu will take on the role as Deputy Managing Director (DMD) of UBA Ghana, subject to local regulatory approvals.​ ​ He was previously the Executive Director, Business Development – UBA Côte d’Ivoire and has over 23 years banking experience.​

Ayokunle Olajubu will be the Managing Director/CEO UBA Liberia, subject to local regulatory approvals. He currently drives compliance​ across​ Africa​ subsidiaries​ andcomes​ with​ 30​ years​ banking​ experience​ in​ Nigeria​ and​ other​ African​ countries,includingSierra​ Leone,​ Cote​ D’Ivoire​ and​ the​ Gambia.​

Theresa Henshaw has been appointed as CEO of UBA UK, subject​ to​ local regulatoryapprovals.​ She​ was​ previously the​ DMD, Business Development, UBA America and joined the Group as ED, Business Development at UBA UK.​

​Usman Isiaka, currently CEO, UBA Sierra Leone, will be the Deputy CEO in UBA America, subject to local regulatory approvals.​

​Adeyemi Adeleke, the former CEO of UBA, UK is now the Group Treasurer.​ ​ Adeleke will be working to unlock the immense value in the Group’s multi-jurisdictional balance sheet, leveraging on its presence in 24 countries within and beyond Africa.​

In addition to the executive appointments, UBA has announced the retirement of High Chief Samuel Oni, an independent non-executive Director, from the Board following the expiration of his tenure.​ ​ He joined the UBA Group in January 2015 and served on the Board of the Group for eight years.​

The Group Chairman​ Mr​ Elumelu​ expressed​ his​ appreciation​ to​ High Chief​ Oni,​ for​ his commitment,​ leadership​ and​ extensive​ contributions​ to​ the​ UBA Group​ and​ on​ behalf​ of the​ Board,​ wishes him the very best in all his future endeavours.​

Operating​ in​ twenty African countries and in the United Kingdom, the United States of America,​ France​ and​ the​ United​ Arab​ Emirates,​ United Bank for Africa​ provides​ retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.​ ​ UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 37 million customers globally

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