United Bank for Africa appoints Henrietta Ugboh as Independent Non-Executive Director, strengthening its Board with her extensive banking expertise.
United Bank for Africa (UBA) Plc, a leading Pan-African financial institution, has appointed Henrietta Ugboh as an Independent Non-Executive Director.
Approved by regulatory bodies, including the Central Bank of Nigeria, this appointment aligns with UBA’s commitment to strong corporate governance.
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UBA’s Group Chairman, Tony Elumelu, described Ugboh as an accomplished professional with a reputation for integrity and leadership.
Ugboh holds a degree in Economics and Statistics from the University of Benin and an MBA from ESUT Business School.
An alumna of Harvard Business School’s Executive Management Program, she has more than 30 years of experience in banking, notably with Citibank.
She is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration.
Elumelu emphasised Ugboh’s valuable expertise in commercial banking, credit, and risk management, stating, “The UBA Board is delighted to welcome Mrs Ugboh, and we look forward to her invaluable contributions as we execute our growth strategy across Africa and globally.”
Her experience is expected to further strengthen the UBA Group Board.
In a related announcement, the UBA Board confirmed the retirement of Mrs Owanari Duke, who has served as an Independent Non-Executive Director since October 2012.
Duke was an influential leader on various committees, including the Board Governance Committee, Board Audit, Governance, Nomination & Remuneration Committee, Board Credit Committee, Finance & General Purpose Committee, and the Statutory Audit Committee.
Expressing gratitude, Elumelu acknowledged Duke’s distinguished service and dedication, noting her significant impact on UBA’s strategic governance.
“We extend our deepest appreciation to Mrs Duke and wish her the best in her future endeavours,” he stated.
United Bank for Africa continues to serve over forty-five million customers across 20 African countries, with a presence in New York, London, Paris, and Dubai.
Known for its innovative retail, commercial, and corporate banking services, UBA aims to connect businesses across Africa and beyond through cross-border payments, remittances, and trade finance.
This strategic Board appointment highlights UBA’s ongoing commitment to enhancing governance and fostering leadership that drives growth across the continent and beyond.
