UBA names its first women CEO of operations in Africa

The nomination of Mrs. Abiola Bawuah as the CEO of UBA Africa has been made public by the board of directors of the United Bank for Africa (UBA) Plc, Africa's Global Bank. Abiola will administer the Group's operations outside of Nigeria on the African continent by joining the Fairly Big as an Executive Director.

In addition to having global offices in New York, London, Paris, and the UAE, the operates in 19 other African nations outside Nigeria. Abiola, a citizen of Ghana, is the organization's first female CEO. Her selection elucidates UBA's dedication to diversity even further. There are currently eight female directors on the UBA Group Board.

Abiola held the position of Regional CEO, in West Africa prior to being hired, where she was in charge of the operations of the Group's nine companies in Benin, Burkina Faso, Cote d'Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, and Sierra Leone. She formerly served as CEO of UBA Ghana.

Tony Elumelu, Chairman of the Group Board, commented on the new appointment: "Abiola has contributed considerably to the expansion of UBA Africa for nearly ten years. She brings a breadth of expertise in stakeholder engagement and commercial banking.

It also makes me very happy that the UBA Group Board now has a majority of women on it thanks to her appointment. Additionally, the UBA Group disclosed the following executive positions:

UBA West Africa's Regional CEO is now Chris Ofikulu. Chris is a banker with more than 20 years of expertise in corporate, retail, and commercial banking.

The Managing Director/CEO of UBA Liberia will be Ayokunle Olajubu, pending local regulatory approval. With thirty years of banking expertise in Nigeria and other African nations like Sierra Leone, Cote D'Ivoire, and the Gambia, he currently oversees compliance for all subsidiaries in Africa.

The appointment of Theresa Henshaw as CEO of UBA UK is pending clearance from local regulatory bodies. She joined the firm as ED, Business Strategy at UBA UK after serving as the DMD, Business Growth, UBA America.

Pursuant to local regulatory permissions, Usman Isiaka, who is the CEO of UBA Sierra Leone, would serve as the deputy CEO of UBA America.

Former CEO of UBA UK Adeyemi Adeleke is now the global treasurer. Adeleke will be trying to capitalize on the Group's presence in 24 countries both inside and outside of Africa in order to unlock the enormous value contained in its multijurisdictional balance sheet.

Along with the executive appointments, UBA also revealed that High Chief Samuel Oni, an unaffiliated non-executive Director, would leave the Board at the conclusion of his term. He began working for the UBA Group in January 2015 and spent eight years on its board.

The Group Chairman, Mr. Elumelu, thanked High Chief Oni for his dedication, leadership, and significantly contributes to the UBA Group and sent him best wishes for all of his upcoming endeavors on behalf of the Board.

United Bank for Africa is a provider of retail, commercial, and institutional banking services, a pioneer in financial inclusion, and a user of cutting-edge technology. It has operations in twenty African nations as well as in the United Kingdom, the United States of America, France, and the United Arab Emirates. UBA employs 25,000 people worldwide and serves more than 37 million customers, making it one of the major financial employers on the African continent.