United Bank for Africa (UBA) Plc has announced changes to its Board of Directors, including the appointment of Chukwuma Nweke as Deputy Managing Director, effective October 1st, 2024.
Gatekeepers News reports that the bank’s secretary and legal counsel, Bili Odum, disclosed this in a statement on the NGX, noting that the appointment is subject to regulatory approval by the Central Bank of Nigeria (CBN).
Nweke brings over 30 years of experience in various fields, including banking operations, finance, technology, audit, strategy, retail banking, and payments. He previously served as the Executive Director and Group Chief Operating Officer of UBA.
Chairman of the Bank, Tony Elumelu, welcomed Nweke’s appointment, stating that his deep industry expertise makes him an asset to the bank’s Board.
“The appointment of Chukwuma Nweke underlines once again, UBA’s commitment to upholding the highest governance and operational leadership. His deep industry expertise and proven track record make him an invaluable asset to our Board, and we are confident that his contributions will further strengthen the Group’s growth and success,” Elumelu said.
The bank also announced the retirement of Dr. Kayode Fasola, a Non-Executive Director who joined the UBA Group Board in August 2018.
The UBA Board expressed its profound gratitude to Dr Fasola for his dedication and significant contributions to the Group, wishing him success in his future endeavors.
