The United Bank for Africa (UBA) recently named Chukwuma Nweke, as its second Deputy Managing Director.
Chukwuma Nweke previously held roles of Chief Operating Officer and Executive Director, Retail & Payments. As a Deputy Managing Director, He will start his new position on 1st October, the financial institution disclosed in a statement yesterday.
According to Ramon Olanrewaju, UBA’s Group Head of Media and External Relations, he is the deputy managing director “in charge of IT and operations,”
Muyiwa Akinyemi, who has been the bank’s deputy managing director since August 2022, is now “the deputy managing director in charge of southern operations,” the spokesperson also noted.
But Who is Chukwuma Nweke?
Chukwuma Nweke is a graduate of Accountancy, from the University of Nsukka, Enugu State, where he also holds a Master’s of Business Administration.
He is a Fellow of the Institute of Chartered Accountants of Nigeria, as well as an honorary member of the Chartered Institute of Bankers of Nigeria.
His over 30 years of experience in the banking industry encompasses audit, retail banking, banking operations, strategy, technology, and finance.
Reacting to his appointment, Tony Elumelu Chairperson of UBA, said “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.”
In the same vein, the pan-African bank, which has footprints in 20 markets on the continent, announced the exit of Kayode Fasola, a non-executive director, who has retired from the directors’ board.
Mr Fasola joined the lender in August 2018 and once served as the chair of its Finance & General Purpose Committee as well as a member of the Board Audit & Governance, Credit and Statutory Audit committees.
His areas of expertise include performance management, risk management, banking operations, asset management, business strategy, banking operations, credit/financial analysis, and insurance among others.
