• Mon. May 29th, 2023

UBA Selects Bawuah as CEO for Africa, Announces 6 other Positions

ByJustice Godfrey Okamgba

Jan 31, 2023

Mrs. Abiola Bawuah has been appointed as the Chief Executive Officer (CEO) of UBA Africa by the United Bank for Africa Plc (UBA) Board of Directors. Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent outside of Nigeria.

Bawuah was previously Regional CEO, West Africa, where she oversaw the Group’s operations in nine subsidiaries, including Benin, Burkina Faso, Cote d’Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, and Sierra Leone. She was previously the CEO of UBA Ghana.

Speaking on the new appointment, the Group Board Chairman, Mr. Tony Elumelu, said, “Abiola has made important contributions to the expansion of UBA Africa for than a decade. She has extensive experience in commercial banking as well as stakeholder engagement. It also brings me great joy that the UBA Group Board has now become a majority female board with her appointment.”

In addition, the group named Chris Ofikulu as Regional CEO, UBA West Africa. Ofikulu has over two decades of banking experience ranging from corporate to commercial to retail.

Subject to local regulatory permissions, Ayokunle Olajubu will be the Managing Director/CEO of UBA Liberia. Subject to local regulatory approvals, Theresa Henshaw has been appointed CEO of UBA UK.

Usman Isiaka, currently CEO, UBA Sierra Leone, was announced the Deputy CEO in UBA America, subject to local regulatory approvals.
Adeyemi Adeleke, the former CEO of UBA, UK is now the Group Treasurer.

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.

See also  Lopsided Fortunes: Nigerian Banks Flourish, Customers Grapple with Failed Transactions¬†

UBA has operations in 19 African countries in addition to Nigeria, as well as global operations in New York, London, Paris, and the UAE.

 

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