The United Bank for Africa (UBA) Plc has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director.
UBA announced Ugboh’s appointment in a statement on Tuesday, November 12, 2024.
The bank noted that the appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria (CBN).
The bank also announced the retirement of Owanari Duke, an Independent Non-Executive Director, who joined the UBA Group Board in October 2012.
Speaking on the appointment, the UBA’s Group Chairman, Tony Elumelu, said: “Henrietta Ugboh brings a track record of professional success, integrity and leadership, which will further strengthen the UBA Group Board, underlining once again the Group’s commitment to robust corporate governance.”
Elumelu added that with her considerable experience and expertise, which includes commercial banking, credit, and risk management, the UBA Board was delighted to welcome Ugboh to the Group Board.
“We look forward to her invaluable contribution to the Group, as we continue to execute our unique growth strategy across Africa and globally,” he added.
Elumelu also expressed UBA’s appreciation to Duke for her dedication and significant contributions to the bank, wishing her the best in her future endeavour
Ugboh 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’s Executive Management Programme.
She has over 30 years of experience in banking with Citibank and is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration (FICA).
UBA added that Duke, during her tenure, provided distinguished leadership, serving on Committees of the Bank including the Board Governance Committee, Board Audit, Governance, Nomination and Remuneration Committee, Board Credit Committee, Finance and General Purpose Committee, and Statutory Audit Committee.
