UBA Announces Appointment of Henrietta Ugboh as an
Independent Non-Executive Director
§ Owanari Duke Retires from Group Board
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the
appointment of Henrietta Ugboh as an Independent Non-Executive Director.
The appointment has been approved by the relevant regulatory bodies,
including the Central Bank of Nigeria.
UBA’s Group Chairman, Tony Elumelu, CFR commenting on the appointment,
said, “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 holds a degree in Economics and Statistics from the University of
Benin, an MBA from ESUT Business School, and is an alumnus of the Harvard
Business School’s Executive Management Program. She has over 30 years
experience in banking 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 (FICA).
Elumelu added that with her considerable experience and expertise, which
includes commercial banking, credit, and risk management, the UBA Board is
delighted to welcome Mrs Ugboh to the Group Board, “We look forward to
her invaluable contribution to the Group, as we continue to execute our
unique growth strategy across Africa and globally.”
The Board also announced the retirement of Mrs. Owanari Duke, an
Independent Non-Executive Director, who joined the UBA Group Board in
October 2012.
During her tenure, Mrs. Duke provided distinguished leadership, serving on
Committees of the Bank including the Board Governance Committee, Board
Audit, Governance, Nomination & Remuneration Committee, Board Credit
Committee, Finance & General Purpose Committee and Statutory Audit
Committee.
On behalf of the board, Mr. Elumelu expressed UBA’s deep appreciation to
Mrs. Duke for her dedication and significant contributions to the Group,
wishing her the best in her future endeavour.
United Bank for Africa Plc is a leading Pan-African financial institution,
offering banking services to more than forty-five million customers, across
1,000 business offices and customer touch points in 20 African countries.
With presence in New York, London, Paris and Dubai, UBA is connecting
people and businesses across Africa through retail, commercial and corporate
banking, innovative cross-border payments and remittances, trade finance and related banking services
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