The United Bank for Africa’s Plc board of directors has named Mrs. Abiola Bawuah Chief Executive Officer of the bank. This was revealed during a statement on Monday that Bawuah would also become a member of the group board as an Executive Director , supervising the group’s operations outside Nigeria across the continent.
The bank is effective in 19 African countries on the far side of Nigeria, as well as international performance in New York, London, Paris and the UAE.
The Group Board Chairman, Mr. Tony Elumelu, during his speech on the new appointment, mentioned Bawuah’s important impart to the development of UBA Africa close to a decade. He also stated that with her appointment, the Group has become a female majority board.
Bawuah, of a Ghanaian identity, came forth as the first female CEO of the UBA Africa. Her appointment also shows UBA’s dedication to variety as included in the statement.
Prior to the new appointment, Bawuah was regional CEO, west Africa, overseeing the Group’s operations in nine subsidiaries including Burkina Faso, Cote d’Ivoire, Benin, Guinea, Liberia, Ghana, Senegal, Mali and Sierra Leone.
There were also other appointments declared by the group. Regional CEO of UBA West Africa was given to Chris Ofikulu with over two decades of banking knowledge ranging from corporate to retail banking.
The position of Deputy Managing Director, UBA Ghana, will be occupied by Uzoechina Molokwu, conditional upon local regulatory permissions. Prior to the new position, he was the Executive Director for Business Development, UBA Cote d’Ivoire with over twenty three years banking knowledge.
Another appointment was for the role of Managing Director/CEO UBA Liberia taken up by Ayokunle Olajubu which is also conditional upon local regulatory permissions. His current role is to urge conformance across Africa subsidiaries and with thirty years working experience in Nigeria and other African countries including Gambia, Sierra Leone and Cote d’Ivoire.
The role of the CEO of UBA for the United Kingdom was given to Theresa Henshaw who was previously the DMD for Business Development, UBA America, also based on regulatory permissions.
The present CEO for UBA, Sierra Leone, Usman Isiaka, will be the Deputy CEO in UBA America, also based on regulatory permissions.
The previous CEO of UBA for UK, Adeyemi Adeleke, is now the Group Treasurer to reveal the large degree of importance in the Group’s many jurisdictional balance sheet, exploiting its presence 24 countries and past Africa.