United Bank for Africa (UBA) Plc, a leading Pan-African financial institution, has announced the appointment of Henrietta Ngozi Ugboh as a Non-Executive Director on the Group’s Board. The appointment, which has been duly approved by the relevant regulatory bodies, including the Central Bank of Nigeria (CBN), was confirmed last Friday.
Tony Elumelu, UBA’s Group Chairman, expressed his enthusiasm about the appointment, stating that Ugboh embodies the qualities of a seasoned banker with decades of experience in the industry. “Henrietta Ugboh exemplifies the qualities of a seasoned banker and professional, with decades in her banking career,” Elumelu said.
Ugboh brings over 30 years of banking experience to her new role. She 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. Ugboh is also an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration (FICA). Her expertise spans various areas, including Commercial Banking, Credit, and Risk Management, which UBA believes will make a significant impact on the Group’s success.
“We look forward to her invaluable contributions to the Group,” Elumelu added, emphasizing that Ugboh’s leadership will bring positive momentum to the bank.
The announcement also included the retirement of Mrs. Owanari Duke, an Independent Non-Executive Director who has been a part of the UBA Group Board since October 2012. During her tenure, Mrs. Duke provided distinguished leadership and contributed significantly to several of the bank’s key committees, including the Board Governance Committee, the Board Audit Committee, and the Finance & General Purpose Committee, among others.
On behalf of the Board, Elumelu expressed heartfelt appreciation to Mrs. Duke for her dedication and significant contributions to the bank, wishing her success in her future endeavors.
UBA, a leading financial institution, provides banking services to over 45 million customers across 1,000 business offices in 20 African countries, as well as global branches in New York, London, Paris, and Dubai. The bank continues to drive cross-border payments, remittances, trade finance, and innovative banking solutions that connect people and businesses across Africa.